Analysis of latest tungsten market from Chinatungsten Online

Tungsten concentrate and ammonium metatungstate (APT) prices in China continue to maintain stability, affected by the holiday of the Spring Festival and low trading activity in the market. 

Rare earth market quotation in China: the latest prices of terbium oxide, lanthanum oxide and praseodymium neodymium metal have been maintained stability since January. With the approaching of the Spring Festival, the flow of funds in the market decreases, and more and more factories are off duty. Sellers are reluctant to sell at low prices while downstream remains low buying appetite. In the short term, market prices would continue the stability. 

China molybdenum prices show signs of rise in the week began on Monday January 28. Affected by tight supply of spot goods and increased market trading, tungsten concentrate price climbs largely. While ferro molybdenum manufacturers’ profits are squeezed by the cost side as sale prices tend to lower than production costs. Downstream molybdenum chemical and product enterprises take a watchful stance to the deadlocked supply and demand in the market.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are expected to maintain stability on the last trading week before the holiday of the Spring Festival, with heavy wait-and-see atmosphere in the market. 

Rare earth market quotation in China: the late prices of neodymium oxide, dysprosium oxide and praseodymium neodymium oxide are unchanged from the previous trading day owing to thin market trading and low operating rate of factories. 

China molybdenum prices remain stable on the last trading week before the Spring Festival. Most smelting factories shut down, logistics are off-stream and market participants also remain low trading activity. Besides, with the shutdown of mines and smelting factories, low-price resources are difficult to be got. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices maintained stability in the week ended on Friday January 25. On the one hand, two listing tungsten corporations in Jiangxi and Xiamen stabilized their offer levels for the second half of January; on the other hand, market trading was quiet as mines stopped production to undergo repair, smelting factories remained low operating rate and downstream finished their plans of stocking up ahead of time. 

Rare earth market quotation in China: the latest prices of europium oxide, praseodymium neodymium oxide and praseodymium neodymium metal are unchanged from last week. With the approaching of the Spring Festival, more and more factories shut down and market transactions become thin. Under the deadlocked supply and demand, the market will be quiet. 

Molybdenum market quotation in China: ferro molybdenum and molybdenum concentrate prices rise slightly while molybdenum powder price is unchanged from last week. 

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China have been stabilized since January as sellers are reluctant to sell, purchasers remain low buying appetite and transactions are hardly concluded. With the approaching of the Spring Festival, market prices would tend to stabilize under deadlocked supply and demand.