Analysis of latest tungsten market from Chinatungsten Online: Traders become active in trading due to weak demand of smelting factories, but production capacity of raw materials has not been recovered yet. Therefore, domestic tungsten price shows signs of decline.

Rare earth market quotation in China: domestic rare earth price poorly performs in the short term amid the latest price of terbium oxide, europium oxide and praseodymium neodymium metal falls sharply, because the mentality of traders is greatly affected by the decline in listing prices of most enterprises. At the same time, the current market trend is expected to continue in the short term.

Molybdenum market quotation in China: the latest price of molybdenum powder declined slightly while molybdenum bar and ferro molybdenum maintained stability. The price movements are mainly owing to poor performance in terminal market.

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Analysis of latest tungsten market from Chinatungsten Online: A large tungsten enterprise in Jiangxi province released guide prices for late March on Tuesday. 65% wolframite concentrate was quoted at $17,209.3/t, down $310/t; 65% scheelite concentrate was quoted at $16,976.7/t, down $310/t; APT price declined by $5.3/mtu to 299.6/mtu. The guide prices fail to reach insiders’ expectation, weakening market confidence.

Rare earth market quotation in China: domestic rare earth price continues to maintain weak adjustment. Due to the increased shipments in the downstream market, downstream enterprises receive fewer orders, resulting continuing decline in market quotation. Insiders though that short-term rare earth price is likely to decline owing to unbalanced supply and demand. But considering the support of production cost and policy side, Chinatungsten Online forecast that the price still remains room to rise.

Ammonium molybdate market keeps firm quotation in the earlier weak while trading in high-price products is rare affected by weak raw material side. The price and trading volume of ammonium heptamolybdate and high pure molybdenum trioxide have not seen apparent improvement recently, which lowers traders’ wiliness in trading.

Analysis of latest tungsten market from Chinatungsten Online: Opening this week, domestic tungsten market continues to be in s stalemate. The increasing operating rate of mines affects sellers’ mentality while downstream manufacturers have no intend to enter the market. Therefore, market trading would be thin and industry insiders mainly focus on new guidance from large tungsten enterprises.

Rare earth market quotation in China: domestic rare earth price is stable on the whole with quiet trading atmosphere. Some varieties of rare earth that rose after the Chinese New Year holiday showed decline last week, downstream factories kept cautious on stocking up and sellers had good expectation for the demand for new energy and policy side for purchasing and storage. But short-term market without real demand supporting would be quiet.