Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and ferro tungsten prices in China continue to remain stable in the first trading day after the holiday of Labour Day from May 1 to May 5 on cautious sentiment of participants with rare transactions reported in the market. 

3D printing technology supports tungsten manufacturing. 3D printing is a rapid prototyping technology based on digital model files, using powdered metal or plastic and other bondable materials to construct objects by printing layer by layer. In simple terms, it is similar to the upgraded version of the plus version of paper printing, except that the ink is replaced with metal powder, ceramics, plastics, sand and other materials. The printed product can be a more three-dimensional object with a more complex structure.

Power consumption is a bottleneck restricting the development of integrated circuits. The MoS₂ negative-capacitance field-effect transistor (NC-FET), which introduces new ferroelectric materials into the gate, could break the sub-threshold swing switching limit of traditional field-effect transistors, and is expected to work at extremely low power supply voltages, thereby reducing power consumption and maintaining high performance.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintained stability in the last end of April ended on Friday, April 30, 2021 with the approaching of International Labour Day, which is extended to a holiday of five consecutive days off in China. Most participants became cautious and considered profit-taking, waiting for the further guidance after the holiday. 

Rare earth market quotation in China: cerium oxide, neodymium oxide and lanthanum oxide prices continue to maintain stability in the first trading day on May 6, 2021 after the holiday of Labour Day. As the market is mixed, buyers and sellers are cautious and thus new increased orders are limited. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and molybdenum oxide prices continue to stabilize in the first trading day after the holiday of Labour Day as most participants mainly take watchful stance. 

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price maintains stability at the end of April as the market is tepid with the approaching of Labour Day holiday. In addition, this round of environmental checks will come to an end soon and insiders have different views towards the market. 

China rare earth price is in the downstream trend in the week ended on Friday April 30, 2021. Against the backdrop of severe global economic situation, traders basically carry out just-in-time purchasing, resulting in fewer new orders. 

China molybdenum price keeps strong in the week ended on Friday April 30, 2021 thanks to active trading activity. In the short term, insiders will mainly focus on the steel tender after the holiday of Labour Day.

Relevant personnel from Xiamen Tungsten Co., Ltd. (XTC) said that the company is mainly responsible for the integration of rare earth resources in Fujian Province. According to the data of the company's 2020 annual report, the company's rare earth oxides are approximately 1818.45 tons.