Chinese Tungsten Market Is Expected to Keep Firm before Chinese Spring Festival

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Analysis of latest tungsten market in China from Chinatungsten Online: Inquiry in the whole Chinese tungsten market is less and purchasers have not high enthusiasm in replenishment. Although some downstream enterprises have enquiries, the actual transactions are fewer to be concluded. The approaching of Chinese Spring Festival and snowy weather greatly affects the transport business, so the trading in the market is relatively thin. Large tungsten enterprises also are not willing to supply goods.

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Praseodymium Oxide Price - Feb. 09, 2018

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Rare earth market quotation in China: domestic rare earth price is running steadily at the time when businesses are gradually stopping trading and holiday atmosphere covers the whole market. Market participants mainly focus on the environmental protection policy, industrial order reorganization and purchasing and storage of State Reserve Bureau as well as listing prices of large enterprises and downstream rigid demand.

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Ammonium Heptamolybdate Price - Feb. 09, 2018

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There are not bulk transactions in the molybdenum market in China after traders’ selling at low price. 50% molybdenum concentrate was mainly quoted at RMB 1570-1650/t; 45-50% molybdenum concentrate was quoted at RMB 1550-1570/t. some mines postpone the quotation, waiting the recovery of downstream demand after the holiday. In the short term, molybdenum raw material market will be stable.

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Thin Trading And Stable Price in Chinese Tungsten Market

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Analysis of latest tungsten market in China from Chinatungsten Online: Chinese tungsten market now is quiet. Trading in the spot market is less, sellers remain low willingness in sell and buyers are gradually stopping purchase. With the finished stocking up the downstream enterprises, tungsten price will stabilize.

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Lanthanum Oxide Price - Feb. 08, 2018

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Rare earth market quotation: the latest price of lanthanum oxide, praseodymium oxide and praseodymium neodymium oxide is unchanged from the previous trading day as the market is quiet with the coming of Chinese Spring Festival. Market participants mainly wait and see the relationship between supply and demand, so the price is hard to fluctuate sharply. Considering the thin trading market, sellers will be more cautious.

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Molybdenum Concentrate Price - Feb. 08, 2018

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Enquiry in the international molybdenum market is increasing while supply in the spot market remains tight and price keeps rising. Molybdenum market in China is quiet amid transactions are fewer and most traders stop making shipments due to the transportations.

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Thin Trading Limits the Rise in Tungsten Concentrate Price

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Analysis of latest tungsten market in China from Chinatungsten Online: Many mines and smelting factories are gradually stopping production, so the supply of tungsten concentrate is short and price keeps firm. But considering the thin market trading, the price maintains stability. 65% wolframite concentrate was quoted at $17,054-17,209/t; 65% scheelite concentrate was $16,744-16,899/t.

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Rare Earth Price - Feb. 07, 2018

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Rare earth market quotation in China: Rare earth price is unchanged from the previous trading day as the market will soon be closed. At the last trading week before the holiday, sellers are reluctant to sell and wait and see trends of policy after the holiday. Buyers almost finish the stocking up before the holiday, so the market trading is less. Rare earth price is expected to be stable this week.

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Molybdenum Oxide Price - Feb. 07, 2018

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Molybdenum market quotation in China: the latest price of molybdenum powder, ferro molybdenum and molybdenum oxide is unchanged from the previous trading day. Molybdenum raw material market has been quiet in the nearly two weeks, with fewer new increased orders. International molybdenum price continues to maintain at a high level and the supply in the domestic raw material market is short, making miners keep firm quotation.

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The Import Tax of These Tungsten Production Equipment Will Be Adjusted In 2018

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Ministry of Finance: According to the development of domestic equipment manufacturing industry and its ancillary industries in recent years, on the basis of extensively listening to opinions of industrial authorities, trade associations and business representatives, etc.

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