Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices continued downward trend in September, but start to show stability at the end of this month as market mentality has differentiated.

Rare earth market quotation in China: domestic rare earth price continues its stability on quiet trading market. Traders now do not come back to the market completely and market trading seems poor. Downstream factories remain low operating rate, which are not active in purchasing raw materials. Short-term rare earth prices are expected to be in a stalemate. 

On the first day after the festival of National Day, Chinese molybdenum market keeps quiet and prices maintain stability. Market participants mainly focus on steel biddings and production in the whole industry chain. Most insiders have good expectation for price trend in this month. But buyers still remain weak interests in entering the market. 

On the morning of January 11, 2018, the unveiling ceremony of the Sino-French Joint Fusion Research Center, established by the agreement between the Ministry of Science and Technology and the French Atomic Energy Commission, was held on the Hefei Science Island, marking a new phase in the practical cooperation between China and France in the field of fusion energy, from then on, cooperation between the two scientific research institutions has risen to bilateral cooperation between governments.

Worldwide tungsten carbide market quantifying the talk on those players at the interval. The report figures the limits and strong points of the players. To begin with the tungsten carbide market report which covers market characteristics, industry structure and comitative landscape, the problems, desire concepts, along with business strategies market effectiveness.

Sumitomo Metal Mining Co., Ltd. (TOKYO:5713)(SMM), has reached a settlement with the Korean company Nexfil in the lawsuit SMM brought about at the Seoul Central District Court on March 5, 2018 on the grounds that some of Nexfil’s products infringe patent rights relating to Infrared-shielding body1 which belong to SMM.

Porsche Design unveiled its first in-house movement, Caliber Werk 01.200, in 2017, installing it as the engine of the limited-edition Chronograph 911 Turbo S Exclusive Series. At Baselworld 2018, the manufacturer launched the first watch in its 1919 Chronotimer collection to be outfitted with the movement, the 1919 Chronotimer Flyback Brown & Leather.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices register stable performance with good momentum for growth this week. On the one hand, smelting factories are will to raise offer levels with supports from tight supply and high production costs; on the other hand, downstream enterprises are reluctant to purchase lots of raw materials under poor environment at home and abroad. 

Rare earth market quotation in China: domestic rare earth price continues to keep stability in the week to Saturday September 29. Supply and demand in Chinese market are both weak and transactions are hardly concluded. The whole operating rate of factories is at a relatively low level. Market participants will remain cautious mentality around the National Day holiday.

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.