The latest prices of ammonium molybdate, ammonium heptamolvbdate and molybdenum bar are unchanged from the previous trading day in the week to Tuesday October 23. Under the stricter environmental protection inspection, high raw material prices and tight supply, insiders have good mentality and sellers have strong rised mentality. Some traders even cut profits for more sales in some regions. At present, market participants focus on steel biddings. 

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Tungsten has high hardness and extremely high melting point, which makes it a difficult material to 3D print. In a paper entitled “Effect of processing parameters on the densification, microstructure and crystallographic texture during the laser powder bed fusion of pure tungsten,” a group of researchers addresses those challenges.

Analysis of latest tungsten market from China Tungsten Online

Last week, Chinese tungsten price has stabilized and operated. Due to the lack of effective support from the supply and demand side, the raw material market is rising and the market lacks continuity. At present, the cautious wait-and-see attitude dominates the market, and the tungsten product price is mainly consolidating. The environmental protection situation and the upcoming institutions are waiting to be announced. 

Rare earth market quotation in China: At the beginning of the week, China rare earth price continued to maintain a stable trend, and the mentality of various varieties in the industrial chain was divided. The news of recent environmental protection verification and national collection and storage was clear. Overall, the supply side of the rare earth market has tightened under the influence of environmental protection, and the cost side is relatively strong. However, under the cautious and weak situation of demand side, the market trading atmosphere is still difficult to ease. Recently, the wait-and-see mood of the merchants dominates, and the price of rare earth is narrowly arranged.

Molybdenum market quotation in China: At the beginning of the week, China molybdenum price remained stable. They were concerned about the situation of steel mills entering the bidding for ferro molybdenum in the second half of this month, and the impact of the environmental protection situation of the main producing areas on the smelter's production capacity. 

Analysis of latest tungsten market from China Tungsten Online

China’s tungsten price has been stagnant and stable, and the stalemate situation in the upstream and downstream of the industrial chain has continued. The raw material side of the stock market has been constrained by the supply and demand side. The price increase space is limited, while the downstream market is cautiously watching in terms of cost and order quantity. 

Rare earth market quotation in China: This week, China’s rare earth price showed different trend. Praseodymium neodymium varieties were affected by the demand side pressure and the downgrade of the listed prices of large enterprises. The quotation showed a steady weakening of the market, and the market transaction atmosphere was deserted. 

China molybdenum price showed a firm and stable trend in the week to Friday October 19. The tight spot supply in the market and the increase in ferro molybdenum price in the steel biddings led to a rise in sentiment, especially the price of ferro molybdenum stood at 140,000 yuan per ton.

Analysis of latest tungsten market from China Tungsten Online

China tungsten price is generally stable, raw material market by the cost of support mentality is still strong, foreign quotation last agent on high, and the back-end enterprise procurement is still cautious, waiting for the follow-up of the actual order volume.