Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday August 7, 2020 but market trading seems quiet. With the increase in new average tungsten forecast prices from listed companies and associations, the market was boosted. 

Rare earth market quotation in China: the prices of terbium oxide, neodymium oxide and praseodymium neodymium oxide continue to rise in the week began on Monday 10, 2020 thanks to active inquiry from the downstream. But most suppliers are reluctant to sell, waiting for the best moment for maximum product profits. 

Molybdenum market quotation in China: the prices of ferro molybdenum, molybdenum concentrate and molybdenum powder maintain stability early in this week owing to deadlocked supply and demand. 

Recently, the research group of Xiamen University has made new progress in the module assembly of high nuclear rare earth-transition metal (3d-4f) clusters. The relevant study titled: “Synthetic Protocol for Assembling Giant Heterometallic Hydroxide Clusters from Building Blocks: Rational Design and Efficient Synthesis" was published in the Matter journal under Cell Publishing.

It was reported that Europe's lithium resources are mainly located in Serbia (Jadar deposit), Portugal, Spain, Finland, and Austria. In France, they can be found in the Massif Central (Beauvoir and Montebras granites, etc.) and the Armorican Massif.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in China continue to keep firm as new average tungsten forecast prices from associations were raised as expected, which boosts market confidence. 

Rare earth market quotation in China: the neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices continue to increase in the week ended on Friday August 7, 2020. Downstream buyers are active in taking goods while suppliers have strong rised mentality. 

China molybdenum price is in the upward trend in the week ended on Friday August 7, 2020 but transactions are hardly concluded at high levels. In the short term, insiders will continue to hold optimistic view for the outlook. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market maintain stability as the market is in a stalemate. Most market participants take a watchful stance, waiting for new tungsten forecast prices from tungsten associations. 

The terbium oxide, neodymium oxide and praseodymium neodymium oxide prices in China are in the upward trend due to good trading atmosphere and optimistic sentiment of market participants.