Michael van Gerwen was thoroughly impressive as he comfortably saw off the challenge of Max Hopp to reach the last 16 of the PDC World Championship.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese ammonium paratungstate (APT) price faltered in the week Friday December 28, while both European and Chinese ferro-tungsten markets were stable due to the end-of-year trading lull.

Rare earth market quotation in China: domestic rare earth price remained weak adjustment in the last trading week of 2018 began on December 24 due to thin market trading and capital shortage at the end of the year. on the whole, sellers still have good expectations for cost and supply sides under Chinese environmental protection policy. But considering low buying appetite before the New Year’ Day, prices will not be adjusted sharply. 

Chinese molybdenum price continues its downward trend as bad trading atmosphere released by stainless steel market affects the whole market. Purchasers remain low buying appetite and seek for a lower buying price.

Analysis of latest tungsten market from ChinaTungsten Online

A listing companies in Guangdong, China released its new offer levels: black tungsten concentrate (WO3≥55%) was quoted at $14,923.1/t, down $230.8/t compared with the second half of December; scheelite concentrate (WO3≥55%) was quoted at $14,769.2/t, down $230.8/t; ammonium paratungstate (APT) was quoted at $267.7/mtu; down $5.2/mtu. 

Rare earth market quotation in China: domestic rare earth prices are stable but show signs of decline at the last trading week of 2018 as traders consider profit-taking with the continued weak demand in the market. Sellers and buyers in the rare earth market now have different attitudes toward market trend. Taking cost, supply, demand and funds into consideration, the market will continue to keep weak. 

China molybdenum prices continued to decline in the week to Thursday December 27. Steel mills delayed to call for bids for ferro molybdenum, resulting in low trading activity in ferro molybdenum and molybdenum concentrate markets. In addition, under the capital shortage at the end of the year, sellers raised the willingness of sales. Transaction prices of ferro molybdenum and molybdenum oxide dropped slightly. 

According to the Chinese Academy of Sciences plasma news, China's magnetically constrained nuclear fusion experimental device "artificial sun" has made a major breakthrough, laying an important technical foundation for the subsequent development and utilization of nuclear fusion clean energy.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices remain weak adjustment with the approaching of New Year's Day. On the one hand, weak demand and capital shortage drag prices down; on the other hand, many manufacturers stop production to undergo repair and thus their plans for purchasing are delayed. 

Rare earth market quotation in China: praseodymium neodymium metal price dropped slightly as praseodymium and neodymium manufacturers have strong willingness in sales due to weak demand and capital shortage. But cerium oxide and praseodymium oxide prices remained unchanged from the previous trading day.