Tungsten Ore Supply Tightened; Powder Prices Temporarily Stabilized

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Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices have been temporarily stable, and the market has a strong mentality. However, the demand-side block factors are still obvious. Purchasers are hesitant to enter the market and holders are reluctant to sell at low prices. At present, the tungsten spot market maintains a small amount of just-needed transactions, with interval high quotation as the main factor. Market speculation and risk factors coexist, and the trading atmosphere is cautious.

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Rare Earth Price - Oct. 12, 2018

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Rare earth market quotation in China: This week, domestic rare earth price has been steadily lowered slightly. Due to the cold weather in the demand side, the upstream manufacturers are relatively weak. In addition, in the October listing price of rare earth released by the north on October, the decline of the prices of praseodymium and neodymium series had a certain impact on the market mentality, and the merchants' enthusiasm for operation was somewhat weakened.

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China Molybdenum Price - Oct. 12, 2018

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This week, China molybdenum price was generally adjusted upwards. On the one hand, the steel tenders delayed before the holiday entered the market one after another, and the purchase of ferro molybdenum prices increased the market mentality. On the other hand, the recent situation of environmental protection in the main producing areas is serious, which has a certain impact on the production activities of smelters. And the industry is worried that the output of raw materials will be affected. 

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Superbug Raging? Foreign Research on Treating Enteritis with Tungsten

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Recently, reports about superbugs are rampant again. The discovery and application of antibiotics is a great revolution of mankind, but everything is too late. Abuse of antibiotics has caused adverse social consequences.

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China Tungsten Market Stabilizes Under Environmental Protection

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Analysis of latest tungsten market from ChinaTungsten Online

During the double-segment alternation, the market holiday atmosphere is strong. Under the condition that the external trade environment is uncertain and terminal demand situation is difficult to judge, the market purchase and sale operations are generally cautious and wait-and-see, and China tungsten market has not changed much. 

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Praseodymium Oxide Price - Oct. 11, 2018

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Rare earth market quotation in China: domestic rare earth price is weak and stable. Affected by consumption on the demand side and light policy news, the upstream market quotation is relatively passive.The price of lanthanum varieties is slightly reduced by the pressure of supply and demand, while the environmental protection situation cost at the bottom of the support, the overall fluctuation space is relatively limited. At present, the trading of rare earth market is still cold and cheerless, merchants wait and see operations.

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Ferro Molybdenum Price - Oct. 11, 2018

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Domestic molybdenum price is stable in good operation. Multiple positive factors superimpose, and manufacturers' mentality is optimistic. First, the spot resources in the raw materials market shortage makes up part of the terminal demand negative impact; Second, steel mill bidding, and ferro molybdenum bidding price rise, which boosts the market's reluctance to sell; Third is the impact of environmental protection actions in Liaoning and Henan, and the expected positive signals of raw material supply and cost; Fourth, the international molybdenum price stable small - rise trend is also a positive reflection of the domestic market.

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Tungsten Carbide Tools Market Value Share, Supply Demand, share and Value Chain 2016-2026

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Computerized numerical control (CNC) machines are prominently used for machining of metal components which requires high precision for producing complex shapes of varied dimensions. Currently, there are mainly two types of machine tools prominently used. HSS (High Speed Steel) and tungsten carbide tools; among which tungsten carbide tools is most prevalent for machining applications primarily due to exceptional wear resistance, chemical inertness, material strength and other superior characteristics. Often machining system productivity is mainly guided by the use of machine tools with superior characteristics such as long lasting capability, rigorous operating and high speed performance. This factor is primarily gaining the consumer attraction towards adoption of carbide tools over conventional tools. Although tungsten carbide tools are more costly but considering the time required for machining the component, employing tungsten carbide tools can remarkably result in improved quality, increased output and lower machining & labor cost.

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Xiamen Tungsten’s APT Forecast Price for Earlier October

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Analysis of latest tungsten market from ChinaTungsten Online

Xiamen Tungsten released its ammonium paratungstate (APT) forecast price for the first half of October at $276.4/mtu, up $1.7/mtu compared with September, but slightly lowered than psychological expectations of manufacturers. 

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Rare Earth Price - Oct. 10, 2018

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Rare earth market quotation in China: domestic rare earth price is unchanged from the previous trading day on low trading activity in the market. Most manufacturers remain wait-and-see mood as news over the week to maintain calm. The supply side affected by the environmental checks is reluctant to sell while downstream factories have limited consumption for raw materials. in the short term, rare earth price will continue to keep stable.

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