Rare earth market quotation in China: domestic rare earth price continues to be stable in the first trading day after the holiday of Mid-Autumn Festival. Deadlocked supply and demand continues in the Chinese market. Insiders have more confidence in market outlook due to cracking down on illegal rare earth enterprises in Jiangxi province. 

The latest prices of molybdenum oxide, molybdenum powder and ammonium tetramolybdate are unchanged in the first trading day after the Mid-Autumn Festival. In China, market inquiry is quiet and trading is thin. Sellers keep firm offers that hover around prices of large mines. Ferro molybdenum and molybdenum chemical and product markets are in a stalemate. 

Strengthen self-protection awareness

2.After getting in the car, you should try to sit in the backseat in order to observe the driver's behavior. Although the distance between the driver and the driver is not long, it can also avoid the direct physical harassment of the driver. There is a buffer time when the driver really has any misconduct.

Recently, a woman from Leqing, Zhejiang Province was killed by a Didi hitch ride’s driver, which has aroused the attention of people from all walks of life. This case also reminds people of the Zhengzhou stewardess case which happened three months ago. Suddenly, people accusations are flying in the Internet that Didi Chuxing, a car-hailing service company, cannot protect the safety of customers.

Xiamen Tungsten Industry announcement, the company and Longyan Xinluo District government, Fujian Jinxin Tungsten Co., Ltd. signed an intention agreement. Xiamen Tungsten and Fujian Jinxin to set up a joint venture enterprise (of which the company invested 51%, Fujian Jinxin invested 49%) invested 1.19 billion yuan in the development of Yanshi Town Economic Development Zone, to set up an annual output of 10,000 tons apt (ammonium paratungstate) production line and related ancillary facilities, the estimated annual sales revenue would reach 1.5 billion yuan.

Analysis of latest tungsten market from ChinaTungsten Online

China’s Zhangyuan Tungsten released tungsten forecast prices for the second half of September: 65% wolframite concentrate and scheelite concentrate were quoted at $15,230.8/t and 15,000/t, respectively; ammonium paratungstate (APT) was quoted at $274.7/mtu, unchanged from last time. The stability means mainstream tungsten product prices will tend to stabilize in the short term.

The latest prices of Dy-Fe alloy and praseodymium neodymium oxide decline on Friday September 21 compared with last trading day. Affected by environmental protection inspection, the supply of raw materials in the spot market is tight and sellers tend to keep current offer levels. While customers enter the market slowly, transactions do not increase. Rare earth prices will stabilize in the short term.

The latest prices of molybdenum powder, sodium molybdate and molybdenum oxide remain unchanged in the week to Friday September 21, with the approaching of Mid-Autumn Festival. The supply of raw materials in the spot market continues to be tight, and transactions increase for large mines, so molybdenum concentrate price mainly stabilizes.

Analysis of latest tungsten market from ChinaTungsten Online

In the tungsten concentrate market, very little spot business was transacted, with some offers heard outside of the price range. Tungsten ore sellers appeared reluctant to sell products due to the availability of raw materials. The cost side supports the stability of tungsten concentrate price.

Rare earth market quotation in China: domestic rare earth price has been maintained stability since September. Little new increased order weakens downstream enterprises’ strong rised mentality and businesses remain low trading activity. Prices of dysprosium related products show signs of rise, but actual transaction prices stabilize. With the approaching of Mid-Autumn Festival, the market will be quiet.