Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten carbide powder prices remain weak adjustment in the middle of September affected by sluggish demand and the pressure from environmental protection and inflation. 

Rare earth market quotation in China: europium oxide, lanthanum oxide and cerium oxide prices keep stable on September 16, 2021. Supported by the tight supply of raw materials, increasing demand, and the accumulation of favorable policy factors, the consumer market is slowly turning to the seller's market, and most industry players have greater expectations for the better operation of the market outlook.

China’s molybdenum powder, ferro molybdenum and sodium molybdate prices are unchanged from the previous trading day on September 16, 2021 as the price and quantity of steel tenders fail to meet market expectation. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in China continue to remain stable on September 14, 2021 due to sales pressure and cautious sentiment of participants. 

Rare earth market quotation in China: terbium oxide, dysprosium oxide and praseodymium neodymium oxide prices keep rising on September 15, 2021. With the Mid-Autumn Festival and National Day approaching, downstream users' enthusiasm for stocking up and the output of rare earth smelting and separation companies slightly reduced are all reasons for the increase in the prices of mainstream products.

The overall market situation of China’s domestic molybdenum market is gradually improving on September 15, 2021. As steel companies successively entered the market for bidding, the wait-and-see sentiment of traders has dissipated, resulting in an increase in new orders.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China remains stable in the week began on Monday, September 13, 2021 despite of the decline in new long-term contract prices for the first half of this month. 

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price stabilized after a slight decline in the week ended on Friday September 10, 2021 as the market was weak. With the approaching of the Mid-Autumn Festival and National Day holiday, the supply of raw materials will be subject to certain restrictions, and the confidence in the market will warm up slightly.

At the beginning of the week, China’s domestic rare earth price remains stable on the whole. The prices of neodymium praseodymium and terbium dysprosium rose to varying degrees, and the actual transaction volume also increased. This was not only supported by the increase in enquiries from downstream users, but also affected by the obstruction of exports of rare earth mines caused by the civil unrest in Myanmar.

At the beginning of the week, China’s domestic molybdenum market continued its weakness as last week. As the steel recruitment market became less hot than expected and the double-festival atmosphere became stronger, traders had big differences in their views on the market outlook.