The molybdenum oxide and alloy markets in China stabilized on different mentalities of buyers and sellers and low spot trading activity. The supply in the tungsten concentrate market is limited by Chinese environmental protection, supporting sellers’ offer levels. 

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Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices are under pressure earlier in this week as the demand remains thin and insiders’ strong rised sentiment is weakened. Production in the raw material side is controlled, but most downstream smelting factories stop production under environmental protection inspection. 

Rare earth market quotation in China: domestic rare earth price maintains stability from last trading day on continued deadlocked supply and demand and bad trading atmosphere in the market. Although stricter environmental protection inspection is benefiting the supply side, market trading is thin. And the policy for purchasing and storage remains uncertain; purchasers have not high enthusiasm in purchasing. Sellers’ strong rised mentality is without support. 

The latest prices of molybdenum powder, molybdenum oxide and ammonium tetramolybdate are unchanged from the previous trading day as insiders await the move in steel biddings and relationship between buyers and sellers. 

The launching of this year's Zhuhai Airshow is getting closer and closer, and the majority of aviation enthusiasts are constantly paying attention to the dynamics of this “blue sky event”. For example, which models will exhibit? Which models will be dynamically displayed? In the first two days, the online news said that the annihilate-20, which the military fans were looking forward to, did not appear on a list of so-called exhibitors. After seeing it, the author immediately felt that the blue sky was eclipsed a lot. Fortunately, this morning, an enthusiastic netizen photographed four annihilate-20 debuts at Zhuhai Jinwan Airport, and the two-machine formation was used for adaptation training. According to experts, this may mean that there will be four annihilate-20 on the same stage at the Zhuhai Air Show next month, and this will undoubtedly become the biggest highlight of this year's Zhuhai Air Show.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices have been maintained weak adjustment since November on deadlocked supply and supply, bad trading atmosphere and enterprises’ different expectations for market outlook.

The latest price of terbium oxide and dysprosium oxide rises slightly while cerium oxide price remains unchanged earlier in this week. Market participants are waiting for the deadlocked supply and demand. 

Opening this week, Chinese molybdenum prices are still in the downward trend on different attitudes towards the outlook and low trading activity. On the one hand, insiders resist to high prices and purchasers demand lower prices; on the other hand, the supply is tight under environmental protection, but downstream enterprises remain low buying interests. 

Analysis of latest tungsten market from ChinaTungsten Online

Tungsten prices in China remain weak adjustment in the week to Friday November 16 on continued weakness in demand and low trading activity of traders.