Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices are in the upward trend in the second half of June, 2021 and are expected to keep firm in the short term. 

Rare earth market quotation in China: praseodymium oxide, dysprosium oxide and praseodymium neodymium oxide prices continue to decline in the first trading day in July, 2021 while some of products start to show signs of rise. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum oxide and concentrate prices are in the downward trend in the first trading day in July, 2021.

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and ammonium paratungstate (APT) prices continue to keep firm in late June, 2021 when low-price resources are hard to find and high-price deals are rarely concluded in the market. 

Rare earth market quotation in China: terbium oxide, praseodymium neodymium oxide and metal prices decline slightly in the last trading day in June, 2021. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and oxide prices edge lower but still keep strong in the last trading day in June, 2021 affected by declined activity in international market as well as tepid steel tenders. 

Analysis of latest tungsten market from Chinatungsten Online

Market prices of tungsten products have been tepid since 2021 despite of the continuous rise of molybdenum prices. China Tungsten Hightech and Xiamen Tungsten, who have better tungsten resources and new energy products, gains higher share prices due to multi-industry operations.

Rare earth market quotation in China: cerium oxide, neodymium oxide and lanthanum oxide prices are unchanged on June 28, 2021. In the case of limited support from favorable factors, rare earth smelting companies have been slightly weak in raising prices. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and molybdenum powder prices declined slightly on June 28, 2021 after a steadily and sharp rise in previous stage.