Tungsten industry maintained a relatively optimistic attitude yesterday in China. The supply and demand are still at a stalemate.

Rare earth price in China maintains stability overall, while prices of dysprosium and praseodymium varieties increase slightly.

As a new round of Central Environmental Protection Inspectorate will be dispatched, some provinces and cities began making preparations and the mining and smelting factories maintain low operating rates.

The  outlook of rare earth in Chinese market is still promising. Most varieties had a slight increase, and praseodymium neodymium elements continue to show a huge growth.

Opening this week, tungsten market in China maintains its previous upward momentum. The prices of mainstream tungsten products rise collectively, supported by vantage supply and large tungsten enterprises’ long-term negotiated price.

Chinese rare earth market readjusts in high price. Affected by ban of waste and cracking down on acts of lawlessness, the industry believes that a supply gap of praseodymium neodymium will appear.

Tungsten market quotation: prices of tungsten concentrate, ammonium paratungstate and tungsten carbide powder continue to increase.

Rare earth price generally maintains stability in China, of which dysprosium rare earth price raised slightly. Rare earth supply is still tight as a result of "anti" normalization and state reservation.

A large Jiangxi tungsten enterprise yesterday published a long-term negotiated price in the second half of July, which obviously intent to encourage businesses continue to raise quotation.

Rare earth prices maintained stability in China. The application of rare earth permanent magnet in the new energy vehicles and other areas performs well currently. Rare earth permanent magnet production enterprises generally increased by 10%-30% in the first half of this year.