Tungsten minerals has been mined in several locations across Alaska historically. Since tungsten has been found in 17th century, till now, it is become more and more widely used and know by ordinary people. China has the most tungsten output all over the world. 

Analysis of latest tungsten market from Chinatungsten Online

Ganzhou Tungsten released its tungsten forecast prices for the month of June: black tungsten concentrate price was $14,062.50/t, down $468.75/t compared with last month; ammonium paratungstate (APT) was $247.20/mtu, down $8.8/mtu; medium-sized tungsten powder price was $34.4/kg, down $0.9/kg from last month.

Rare earth market quotation in China: domestic rare earth prices continued to rise in the middle of June. Listed prices of praseodymium and neodymium related products climbed sharply in Northern Rare Earth and prices of gadolinium and terbium related products in Southern Rare Earth also rose steadily, which significantly promoted market confidence.

Chinese molybdenum prices are stable but start to show signs of differences as the raw material market's environmental reduction, tight supply and high product prices differ from the slow buying of terminal market and weak downstream stainless steel market.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices were in the downward trend in the week ended on Thursday June 6, 2019 as weak market confidence affected the overall production activities of the industry and trading volumes. 

Rare earth market quotation in China: the latest prices of neodymium oxide, cerium oxide, praseodymium neodymium oxide and europium oxide maintained stability in the week began on June 10, 2019 because the market was inactive on the first trading day after the holiday of Dragon Boat Festival.

Molybdenum market quotation in China: the latest prices of molybdenum powder, molybdenum concentrate, ammonium heptamolvbdate and sodium molybdate remained unchanged from last week as the market kept quiet on the first trading day after the holiday of Dragon Boat Festival. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continue to be weak when new round of guide prices from large tungsten companies and institutions will soon be released. The transaction pricing in the tungsten market is hard to be settled as external trade negotiations remain unclear and the industry chain has different expects for the demand side. 

China rare earth prices rose slightly on the whole in the week ended on Thursday June 6, 2019. Prices of terbium related products continued to climb this week, boosted by decreased imports of Myanmar mines, recent rectification of the rare earth industry and international trade situation. 

China molybdenum prices remained stable in the week ended on Thursday June 6, 2019 when buyers and sellers have different opinions on the current situation of the tightness of raw materials and the lack of demand. As factories stopping production to undergo repair, tenders of steel mills and international trade negotiations have not been clearly defined, so most market participants mainly took a watchful stance.