Chinese rare earth prices maintained stability on continued deadlocked supply and demand in the market. Most market participants now take a watchful stance as new listing prices of large enterprises will soon be released. Downstream manufacturers remain cautious to stock up while production of mines reduces due to environmental protection and holiday of New Year’ Day. Market trading is thin and prices will be adjusted limitedly.  

China molybdenum prices remained weak adjustment in the week ended Friday January 4 after returning from the holiday of New Year’ Day. On the one hand, prices and quantity of steel biddings were under pressure; on the other hand, although enterprises planned to stock up before Chinese New Year, sellers took a watchful stance on reduced profits. 

In recent years, China's defense industry has undergone earth-shaking changes, rapid development in technology and technology, and has also been freed from financial constraints. Not only that, but also achieved remarkable achievements - China has established a defense industry system that can independently develop high-tech weapons platforms, and has basically achieved self-sufficiency. Among them, advanced stealth fighters (歼-20, 歼-31), aircraft carriers (002 domestic aircraft carriers under construction, third, fourth...), stealth drones (Pterosaur-2, etc.) and new Cutting-edge weapons such as a generation of intercontinental ballistic missiles (Dongfeng-41 intercontinental ballistic missiles) have attracted the attention of many countries in the world. In this regard, Australia's "East Asia Forum" website said that the development of China's defense industry is unstoppable.

Analysis of latest tungsten market from Chinatungsten Online

Returning from the holiday of New Year's Day, Chinese tungsten market still continues its deadlocked situation in 2018, with low trading activity and fewer transactions. 

Rare earth market quotation in China: domestic rare earth price maintains stability in the week to Tuesday January 3 on low trading activity and traders taking a watchful stance. Although Chinese environmental protection tightens the supply of rare earth, the weakness in the demand side is difficult to support high market prices. In the short term, market participants will wait for the next guide from listing prices of large enterprises and stocking up of downstream factories before the holiday of Chinese New Year. 

Molybdenum market quotation in China: prices of molybdenum concentrate, sodium molybdate, ammonium molybdate and ammonium deptamolvbdate decline slightly in the week to Thursday January 3. 

According to the China Nuclear Group news, after eight years of technical research, China has finally broken the long-term monopoly of foreign countries and broke through the core technology of nuclear grade zirconium (N36 zirconium alloy) preparation! This breakthrough means that China has successfully mastered the complete N36 zirconium alloy engineering preparation technology with independent intellectual property rights.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten market maintained stability in the last trading week of 2018 ended on December 28 due to the end-of-year trading lull. With the end of holiday of New Year’ Day, raw material manufacturers mainly focus on capital return and replenishment of downstream customers. 

Molybdenum market quotation in China: the latest price of lanthanum oxide, europium oxide, europium oxide, and praseodymium neodymium oxide maintains stability on the first trading day of 2019. Although the supply and cost sides offer supports for the market, the continued weakness in the demand side weakens market confidence. 

Prices of ferromolybdenum, sodium molybdate and ammonium molybdate drop slightly on the first trading day of 2019 in the Chinese molybdenum market on heavy wait-and-see atmosphere of insiders.