Chinese tungsten price has surged more than 50 percent since July, 2017 amid growing concern about supply cutbacks in China, where about 80 per cent of the metal comes from. The Chinese government is carrying the tax law of environmental protection to cut production and curb pollution.

Analysis of latest tungsten market in China from Chinatungsten Online: Market resources in the tungsten market increase while downstream enterprises remain weak demand for raw materials. And with the coming of Chinese Spring Festival, the production line of smelting factories is gradually influenced and market participants mainly wait and see. Therefore, tungsten price in China tend to be stable.

Rare earth market quotation: rare earth price remains stable and businesses maintain a wait-and-see attitude in China. On the one hand, market trading is in a stalemate due to the financial strain at the year-end; on the other hand, downstream factories have adequate inventories, with lower willingness in stocking up. Finally, sellers remain good expectation for the polity and increasing new energy demand. On the whole, the rare earth market is quiet and will continue the trend.

Molybdenum market quotation: international molybdenum price is stable with good momentum, spot goods are relatively tight and some of manufacturers start to send the quotation to Chinese factories. While molybdenum price in China keeps firm, production of raw materials reduces, with fewer high-price transactions.

Analysis of latest tungsten market in China from Chinatungsten Online: Chinese tungsten market was not a strong support, with a stronger bad atmosphere last week. Traders moved fast to sell their products in high price, resulting the sharp decline of tungsten concentrate and APT price. Ferro tungsten, sodium tungstate, tungsten carbide, and tungsten powder prices also fell in a moderate way.

Rare earth market quotation: rare earth price in China continues a steady trend on the whole amid the price of cerium oxide, europium oxide and praseodymium neodymium oxide is unchanged from the previous trading day. Before the Chinese Spring Festival, supply and demand is in a stalemate, some of traders move fast to reduce stocks for more profits and downstream enterprises are stocking up according to their needs. The trading in the market now is thin.

The tight supply of molybdenum concentrate is difficult to be changed in the short term and under the quantity of steel biddings, the rise in price is expected to slow down. For the ferromolybdenum market, as ferromolybdenum manufacturers are expected to cut production by 30 percent, market supply and demand will reduce. And under the high production costs, the price this week will continue to rise. 

Analysis of latest tungsten market in China from Chinatungsten Online: Tungsten price in China is in a downward trend with limited transactions and weak market mentality, affected by short supply and weak demand. Market participants now have low willingness in trading and downstream customers try to press price down.

Rare earth market quotation: rare earth price in China maintains stability amid praseodymium neodymium metal price declines slightly and lanthanum oxide price is unchanged from the previous trading day. The market with heavy wait-and-see atmosphere is thin in trading and downstream enterprises purchase according to their orders, thus limiting the space of rise. Sellers in the market now are reluctant to reduce product prices, waiting for further guide from the market.

Molybdenum market quotation: the latest price of molybdenum concentrate, ferro molybdenum, and molybdenum oxide rises slightly in China. The international molybdenum market is active in trading and enquiry, with tight supply and sharp rise in price. In China, the supply of raw materials remains shortage and market demand increases. Therefore, molybdenum price in China is expected to rise.