The focus of attention is that US President Trump announced his withdrawal from the Iran Nuclear Dear and restarted economic sanctions against Iran. Due to this, the international oil price had risen again and hit a new high in the past three years.

Recently, the global tungsten market has seen a scene of rise and fall. On the one hand, the price of ammonium paratungstate(APT) continues to highly rise up. On the other hand, the price of tungsten concentrate is cooling and weak. In order to trace this wired phenomenon, people have turned their attention to the world's most important tungsten production center - Ganzhou, Jiangxi, where the region is conducting more stringent environmental inspections.

Nanomaterials refer to materials whose dimensions reach the nanometer scale in one-dimensional, two-dimensional or three-dimensional direction. It can be divided into zero-dimensional materials, one-dimensional materials, two-dimensional materials, and three-dimensional materials. When a conventional material reaches the nanometer scale, its properties will be greatly different from usual.

Semiconductor large-scale integrated circuits (chips) are the world's most advanced manufacturing technology. For a long time, China has been lagging behind developed countries in this field. The world's most advanced chip technology has been monopolized by western countries. China's annual chip import costs have surpassed crude oil, and it has to withstand the risk of Americans' restrictions and prohibitions from time to time.

Analysis of latest tungsten market from ChinaTungsten Online

Usual quiet trading activity in tungsten market has pressured down prices in China so far this week, with the prospect of further falls if continuing imbalanced supply and demand. Xiamen Tungsten released its new guide prices for APT on Monday, lowering by $3.5/mtu to $305.4/mtu.

Rare earth market quotation in China: the latest price of europium oxide, praseodymium oxide and praseodymium neodymium metal is unchanged from the previous trading day under the weak demand. Considering quiet atmosphere in supply and policy sides and, buyers and sellers are in a stalemate, market trading is thin. Taken together, Chinese rare earth price will be stable in the short term.

Chinese molybdenum prices show good momentum earlier this week, affected by reducing spot goods due to stop production to undergo repair in molybdenum mines. At present, sellers have strong rised mentality and raise offer levels, although transaction prices are pressed by the demand side.

Recently, it is reported that a team of international scientists discovered a new type of superhard material that can be applied in drilling, mechanical engineering and other fields – a compound based on tungsten boride. Research has confirmed that the new tungsten boride developed is superior to the tungsten carbide cobalt composite and synthetic diamond materials currently in widely use.

It is reported that China has released the new Special Management Measures for Foreign Investment Access (Negative List) (2018 version), which greatly opens the market to foreign investment and released measures in 22 areas totally. One of which is: ‘Cancellation of the smelting and separation of rare earths being restricted to equity and contractual joint ventures , and the restrictions on foreign investment in tungsten smelting are eliminated.’ I believe that this news is a big deal for the non-ferrous metals industry in all aspects.

The White House issued a statement that in order to boycott China's acquisition of US technology, The US “will impose a 25 % tariff on $50 billion of goods imported from China containing industrially significant technology, including those related to ‘Made in China 2025’,” the White House said, referring to the Chinese government’s policy to support domestic development of strategic technologies. The list of specific commodities was then announced on June 15, and tariffs will be implemented shortly thereafter.