Molybdenum market quotation in China: the latest prices of ferro molybdenum, molybdenum concentrate and molybdenum oxide edge higher compared with last trading day. Molybdenum concentrate and chemical product markets are supported by the supply and cost sides, and thus sellers are reluctant to sell. Ferro molybdenum market is under pressure as steel tenders are quiet. In the short term, the market trends to stabilize. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in China keep stable under high prices and tight supply in the raw material market but weak demand in the terminal side. Most traders take a watchful stance as the market outlook remains unclear after the end of China’s Two Sessions. 

Rare earth market quotation in China: prices of terbium oxide and dysprosium oxide rise slightly while neodymium oxide price remains unchanged from the previous trading day. Affected by environmental protection inspection and reduced imported raw materials, dysprosium and terbium manufacturers have strong rised mentality. It was reported that the total amount of first batch of mining in 2019 decline by 18 percent, which eases the pressure of tight supply. In the short term, the move in the demand side is the focus of the market. 

China molybdenum prices continue to be unchanged under different expectations for price trend, cautious sentiment of buyers and sellers and costs supporting product prices. For molybdenum concentrate market, sellers still are reluctant to sell and inquiry is active due to the availability of spot goods; ferro molybdenum market is caught in wait-and-see atmosphere on unclear demand of the terminal market. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market continues its stability in the week began on Monday March 18, with rare transactions concluded and limited new increased orders. Due to the supply of raw materials keep tight, sellers are reluctant to sell at low prices and sales face great pressure. 

Rare earth market quotation in China: the imports of dysprosium products from Myanmar decrease largely, the technology for rare earth mining faces challenges and China’s environmental protection policy is stricter. Given that, prices of praseodymium oxide, neodymium oxide and praseodymium neodymium oxide edge higher. The prices of terbium oxide, dysprosium oxide and DyFe decline slightly due to deadlocked supply and demand. 

Molybdenum market quotation in China: the latest prices of molybdenum powder, molybdenum oxide and molybdenum bar are unchanged from the last trading day due to continued quiet market trading. The tightening availability of molybdenum ores and high production costs stabilize market sentiment and trading activity increases. But limited by the weakness in the demand side, insiders still take a watchful stance. This week, traders will wait for the next moves in steel tenders and new offer levels of mainstream mines.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten concentrate and ammonium paratungstate (APT) prices in China remained unchanged last week despite of consumer restocking and continued tightness in concentrates in China while prompt availability for material in Europe has tightened.

Rare earth market quotation in China: domestic rare earth prices show differences in the week began on Monday March 18. Prices of dysprosium and terbium products continue to rise as the total amount of domestic rare earth mining is under control and the import from abroad is expected to be banned. Prices of praseodymium and neodymium are in the downward trend owing to quiet market trading and low buying appetite of traders. 

Opening this week, China molybdenum prices maintain stability. Supported by tightening availability of molybdenum concentrate, sellers have good confidence, but low-price resources are rare and high-price products are hardly concluded. Downstream intends to reduce production costs to ease their pressure. The market offers stabilize at present.