Rare earth market quotation in China: domestic rare earth prices are unchanged from the previous trading day under the deadlocked supply and demand. Before the holiday of New Year’ Day, market funds are still tight, downstream enterprises remain low buying interests and new increased orders are fewer. Although raw material market has good expectations for the supply side, the recovery of customs in Yunnan brings worry for the market. At present, insiders wait for the replenishment in the downstream market. 

China molybdenum price continued its downward trend at the end of 2018, greatly affected by the decline in prices and quantity of steel tenders. Prices of ferromolybdenum, sodium molybdate and ammonium molybdate dropped slightly in the week to Tuesday December 25.

Analysis of latest tungsten market from ChinaTungsten Online

Tungsten prices in China continued the downward trend in the week to Friday December 21 because of low buying interests with the approaching of New Year’ Day and capital shortage at the end of this year. In addition, listing tungsten companies declined their offer levels, which also pressed transaction prices down. 

Opening this week, Chinese rare earth prices remain stable but show signs of decline. On the one hand, downstream market has fewer new increased orders and try to force prices down; on the other hand, the supply and cost sides offer supports for the market under the stricter environmental protection. 

Molybdenum market quotation in China: prices of ferromolybdenum, molybdenum concentrate, ammonium heptamolvbdate and molybdenum oxide declined slightly early in this week while molybdenum powder price maintained stability. 

Tungsten carbide is one of the most versatile metal compounds and is renowned for its durability and strength, making it perfect for cutting tools, boring machines, and surgical instruments. Although its use in additive manufacturing (AM), or 3D printing, would seem ideal, tungsten carbide is susceptible to fractures and breakage when exposed to the extreme laser melting process used in printing metals.

Analysis of latest tungsten market from ChinaTungsten Online

China tungsten price continues its weak adjustment in the week to Friday December 20 due to the weakness in both sales and buying. The last round of offer levels from large tungsten enterprises will soon be released and market participants are waiting for the next move in the market.

Rare earth market quotation in China: dysprosium oxide price declines slightly while europium oxide and lanthanum oxide prices maintain stability. Customs in Yunnan Tengchong recovered smooth clearance, which eases tightening expectations of market supply. But customers are still reluctant to stock up before the holiday of New Year’ Day, plus with funds pressure, factories remain low buying interests. For raw material side, most of sellers consider profit-taking. At present, the whole market tends to be weaker. 

Chinese molybdenum prices remained weak adjustment in the week to Friday December 21, affected by capital shortage, quiet trading in the off season and poor performance in steel tenders. 

Analysis of latest tungsten market from ChinaTungsten Online

China tungsten market price remains weak adjustment on low buying interests and quiet trading atmosphere. Buyers are not active in purchasing due to rare new increased orders while sellers are cautious to low-price sales under environmental protection policy. The market now waits for the next move in large tungsten enterprises.