Rare earth market quotation in China: praseodymium oxide, lanthanum oxide and dysprosium oxide prices continue to drop in the middle of May, which is mainly caused by the slightly insufficient consumption capacity of downstream separation companies and magnetic materials companies.

Molybdenum market quotation in China: ferro molybdenum, ammonium molybdate and ammonium heptamolvbdate prices keep rising in the middle of May, 2021 under the increase in commodity prices and improved demand from downstream. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market continue to maintain stability as the market is in a stalemate with cautious sentiment of participants. At present, most insiders mainly wait for new bid prices for the second half of this month. 

The UK is exploring the creation of a national stockpile of rare earth metals for electric vehicles (EVs) to protect the country's access to important materials such as lithium and cobalt amid rising fears, according to foreign media reports.

Australia's Lynas Rare Earth Company admitted that China’s market's demand for rare-earth core materials is increasing, and the output of Chinese manufacturers has soared in recent years. Analysts imply that the U.S. energy transition has limitations, and it needs to seek cooperation with the EU to improve competitiveness.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten concentrate prices maintained stability in the week ended on Friday, May 14, 2021 with the support of increased bid prices from tungsten companies for the first half of May and strong metal prices in domestic market. 

Rare earth market quotation in China: europium oxide, neodymium oxide and praseodymium neodymium oxide prices decline slightly on May 17, 2021 due to low consumption of downstream and stable supply from domestic rare earth mining enterprises. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and molybdenum concentrate prices continue the upward trend on May 17, 2021 driven by the rising prices of bulk commodities, the high enthusiasm of steel companies to enter the market for bidding, and the good atmosphere of the international molybdenum market. 

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price maintains stability in the middle of May as the whole market is caught in wait-and-see atmosphere, despite recovering economy and inflation expectation. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten concentrate prices remain stable due to deadlocked supply and demand in the market. Despite the poor liquidity of spot goods, the confidence of participants is shored up by the strong rise in metal prices and goods expectation for economy.