In September, Chinese molybdenum prices were stable on the whole. In the early stage, raw material market showed good momentum due to environmental protection and factories’ production disruption to undergo repair. But customers entered the market slowly. So the whole market maintained stability.

Wolfmet 3D is the commercialization of 3D Printing methods developed at M & I Metals to 3D print tungsten. The company is a service bureau that makes tungsten 3D printed components for industry. Tungsten is not completely new to 3D printing.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten market continues to be caught in heavy wait-and-see atmosphere in the week to September 28. Companies in raw material market have strong rised mentality while terminal customers enter the market slowly. Traders outside China tend to be negative.

Rare earth market quotation in China: domestic rare earth price still maintains stability as production is limited under the high pressure of environment protection. Low-price goods are hardly got in the market while terminal demand does not improve. Thin trading volumes are limiting price changes. 

Molybdenum prices in Chinese market keep stable on the whole. Ferro molybdenum market faces pressure on lowered prices of steel biddings, but with the support of high raw material prices, traders hold good expectation for the market outlook.

Analysis of latest tungsten market from ChinaTungsten Online

In the tungsten concentrate market, miners tended to keep their offer levels as they maintain low inventories under the environmental protection policy. Downstream factories do not active in trading and thus transactions remain at a relative low level. Tungsten concentrate prices are unchanged on Thursday.

Rare earth market quotation in China: domestic rare earth price remains unchanged because thin market trading weakens sellers’ rised mentality. Chinese environmental protection inspection benefits the supply in the raw material market while the policy side is still quiet. Jiangxi crackdown has limited influence on the market. Given that, China rare earth market will continue to stabilize. 

The latest prices of molybdenum powder, molybdenum concentrate and molybdenum oxide are unchanged from the previous trading day as market participants mainly wait and see with the approaching of National Day. Steel factories gradually come into the market to call for bids and thus ferro molybdenum prices drop slightly. Purchasers try to force prices down. Molybdenum prices in the international markets also show signs of decline. 

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices maintained stability in the first trading day after the holiday of Mid-Autumn Festival on heavy wait-and-see atmosphere in the market, with a prospect of further stability if deadlocked supply and demand continues. 

The latest prices of praseodymium oxide and terbium oxide remain stable while praseodymium neodymium oxide declines slightly in Chinese rare earth market. Enterprises have strong rised mentality in the upstream. The environmental protection policy and cracking down on illegal rare earth companies offer supports for the supply and production costs sides. However, weak trading activity affects market transactions greatly.