China rare earth price continued to decline in the week ended on Friday, April 08, 2022. Under the influence of many uncertain factors, the buyer's market has a greater advantage, which is mainly reflected in the strong bearish sentiment in the market. 

China molybdenum price continued to rise in the week ended on Friday, April 08, 2022 mainly due to the generally high bullish sentiment of suppliers who are reluctant to sell, the active steel tender market, the rise in transaction volume and price. 

IMPACTS OF RUSSIA-UKRAINE CONFLICT ONTUNGSTEN MARKET & PRICE

PART VI OF X

Thoughts on China’s Tungsten Futures under the Background of Russia-Ukraine Conflict

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price shows stable on April 6, 2022 after the holiday of QingMing Festival as there are no significant changes in the supply, demand and macro news. 

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price showed steady trend in the week ended on Friday April 1, 2022 as the whole market kept quiet with the approaching of QingMing Festival and mixed factors in macro side. 

China rare earth price continues to decline slightly in the first trading day after the holiday of QingMing Festival. Under the circumstance that downstream users have low enthusiasm for inquiries and purchases as well as insufficient policy support, most rare earth suppliers are willing to sell at a profit, which makes it difficult for the current rare earth prices to stop falling.

China molybdenum price maintains stability on April 6, 2022 after the holiday of QingMing Festival. In addition to the low spot inventory of molybdenum concentrate and the high price of bulk commodities, steel companies are willing to enter the market for bidding and the bidding price is acceptable, which also supports the molybdenum chemical industry to a large extent.

Iluka Resources will build Australia's first rare earth refinery after receiving A$1 billion ($749 million) in debt from the government, which wants to shift critical mineral supplies away from China.

IMPACTS OF RUSSIA-UKRAINE CONFLICT ON TUNGSTEN MARKET & PRICE

PART V OF X

RMB Exchange Rate VS Price of Tungsten Under The Background of the Russia-Ukraine Conflict

London-listed Pensana, which has made considerable progress on its rare earth project in the past six months, is looking to establish a stand-alone and sustainable magnetic metal rare-earth production facility in Saltend, UK, to meet the needs of the electric vehicle and offshore wind industries.