Analysis of latest tungsten market in China from Chinatungsten Online: Prices of main tungsten raw material start to fell under the reduction of stocks of traders. The reasons for the decline, on the surface, are due to the relatively stability in guide prices from Tungsten Associations and large enterprises; substantially, are trade capital inflows and outflows after the continuous rise in tungsten price.

Rare earth market quotation: the latest price of terbium oxide, dysprosium oxide and praseodymium neodymium metal rises slightly as the positive factors dominating the market now. On the one hand, terminal demand will be improved with the development of new energy industry; on the other hand, the government is regulating the whole industry, which enhances market confidence. The short-term rare earth market is optimistic.

Recently, most regions in Northern and Northeast China have been in a rainy and snowy weather. Low water in winter and environmental protection inspection also continue. These factors further reduce the production rate of mines. The tight supply of raw materials reinforces rised mentality of molybdenum enterprises. Therefore, molybdenum price in China is rising in a moderate way and is expected to go up in the short term.

Analysis of latest tungsten market in China from Chinatungsten Online: Affected by financial strain and moderate attitude of large tungsten enterprises, there have trading in some areas. But as the cold winter and environmental protection is continuing, production in mines will be limited. Therefore, the space of rise is limited before the holiday.

Rare earth market quotation: the latest price of neodymium oxide, dysprosium oxide and praseodymium neodymium metal rises slightly owing to optimistic mentality of traders. Today, rare earth price maintains at a low level after continuing decline in the earlier stage. Downstream manufacturers demand for replenishing stocks increases. With the orderly advance of reorganization in rare earth industry, short-term rare earth price is expected to rise.

Molybdenum market quotation: the latest price of molybdenum dioxide, molybdenum powder and molybdenum concentrate maintains stability. Trading volumes in the market are reducing and mines are reluctant to sell due to cold weather decreasing productivity in raw materials. While downstream enterprises are continuing the enquiries, price of molybdenum is high. 

Tungsten finished products market is expected to expand at a moderate pace in the next few years as the demand for heaters and corona wires will continue to maintain at a high level. 

E-invoicing company Tungsten Corp PLC said Monday that its Network Finance division saw a record number of invoice outstandings in the last two months of 2017.

Tungsten, which has the highest melting point of all elements, is considered the main candidate material for the first wall of the plasma vessel in fusion reactors. This is because of its reliable resistance to the harsh operating conditions in the long duty-cycles in these reactors caused by transient heat loading, thermal fatigue, neutron irradiation and erosion.

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten market is running steadily with good market mentality, and mainstream tungsten price keeps firm. However, due to financial strain and continuing shutdown of smelters at the end of the year, market trading volumes are thin. On the whole, tungsten market in China will stabilize in the short term.