China molybdenum prices started to stabilize after a period of rise. Steel mills slowed down the pace in tenders, which made ferro molybdenum manufacturers come back to rationality. The tightening availability of raw materials supported molybdenum concentrate sellers’ rised mentality, but continued weakness in the demand side weakened market confidence. In the short term, market participants would wait for the next move in steel biddings and environmental protection policy. 

The use of tungsten oxide (WO3) as a negative electrode material gives lithium-ion (Li-ion) batteries a very high speed of charging and discharging. It can help lithium-ion batteries achieve ultra-fast charging, and also build high-power density battery devices to achieve smaller, lighter device.

Tungsten oxide has the potential to replace titanium oxide and to be used for photocatalyst material and photocatalyst product. Photocatalyst material is widely used as construction materials for outdoor and indoor use, and materials for household electrical appliances such as lighting equipment, refrigerators, air conditioners and toilet equipment.

A tungsten oxide-based hydrogen detector in gas mixes has been developed by a team of physicists from Immanuel Kant Baltic Federal University together with their colleagues from National Research Nuclear University MEPhI (NRNU MEPhI). 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China have been maintained stability since January due to low buying interests of downstream limiting the price rise. For the raw material market, most companies are optimistic about the outlook on stricter environmental protection policy, approaching of Two Sessions and controlled production capacity of mines. So sellers are reluctant to sell at low prices. 

Rare earth market quotation in China: lanthanum oxide, dysprosium oxide and praseodymium neodymium oxide prices are unchanged compared with last trading day on quiet trading atmosphere. The operating rate of upstream factories is limited by Chinese environmental protection and most sellers are not willing to reduce product profits for more sales. Downstream buyers consume raw materials slowly, so market trading is hardly to increase for a long time. In the short term, the market would stabilize. 

Molybdenum prices in the Chinese market remain stable on the whole due to heavy wait-and-see atmosphere and low activity of steel tenders at the end of the month. Trading activity in the molybdenum concentrate market lowers slightly but dealers still expect tight supply after the rise in prices.