Analysis of latest tungsten market from ChinaTungsten Online

Chinese environmental inspection boosts market confidence and tungsten concentrate sellers have strong rised mentality. But manufacturing enterprises remain low buying interests, resulting inadequate trading volume. 

Rare earth market quotation in China: domestic rare earth price is unchanged from previous trading day owing to continuous weak demand and unclear guidance from the policy side. Downstream factories are not interested in purchasing materials and thus deals are hardly done. Traders have enough confidence in keeping firm offers at present. Rare earth price in Chinese market will maintain weak adjustment recently. 

Prices of sodium molybdate, molybdenum concentrate and molybdenum powder are stable on Wednesday August 22 in Chinese market. The new environmental inspection tightens the supply of raw materials. Enquiry increases from customers, but actual transactions are difficult to meet market participants. 

According to some foreign reports, form carving on the rock to storing data in the magnetic medium, humans have been using different means to preserve information. Although the amount of data stored by humans has grown tremendously over the past few decades, it has been difficult to keep data for a long period of time.

The dream window of Boeing 787 owns the ability to dim or brighten without the window shades. The effect is very similar to the tungsten oxide electrochromic thin film.

Both electric vehicle and smart mobile phone contain tungsten, such as oscillator in the mobile phone. Let’s see how electric vehicle and smart mobile phone trigger a new gold rush?

Analysis of latest tungsten market from ChinaTungsten Online

Chinese second environmental checks was launched on Monday August 20, which will conduct a comprehensive inspection on “2+26” cities, 11 cities in fen-wei plains and Yangtze River Delta region. The news makes market participants feel more confidence for market outlook.

Rare earth price in Chinese market maintained stability on the whole. Europium oxide price stabilized at RMB 320.00/kg and cerium oxide at RMB 15,000.00/ton while praseodymium neodymium oxide price declined to RMB 323,000.00/ton from RMB 325,000.00/ton.

Chinese molybdenum prices are unchanged from the previous trading day, although new environmental inspection boosts market confidence. The supply and demand is in a stalemate. And affected by off-peak season, market participants are not active in trading. At present, insiders want and see new steel tender and demand.