China rare earth price was in the downward trend in the week ended on Friday, April 02, 2021. The difference of buyers and seller’s psychological prices results in a slow growth in orders. 

China molybdenum price remained weak adjustment in the week ended on Friday, April 02, 2021, despite steel tenders were active early this week and international moly price rebounded when the weekend approached. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China continue to maintain stability in the last trading day in March affected by low buying appetite of end users and cautious sentiment of participants.

Rare earth market quotation in China: DyFe, terbium oxide and praseodymium neodymium metal prices decline on April 1, 2021 under the slow recovery of global manufacturing industry. Although downstream magnetic companies have great demand for raw materials, considering the high price, they delayed their purchasing plans, leading to limited new increased orders. 

The ammonium heptamolvbdat, molybdenum concentrate and molybdenum oxide prices fell in the first trading day on April 1, 2021 as both buyers and sellers are not active in trading under complex environment and limited favorable polices. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices were unchanged, with deals concluded at the high end. Most exporter sources held offer prices firm, despite the fact they did not receive many overseas inquiries and domestic prices declined.

Rare earth market quotation in China: terbium oxide, neodymium oxide and praseodymium neodymium metal prices dropped in the last trading day of March under many instabilities in the market. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices fell in the last trading day of March despite of slow recovery in steel tenders. 

The Jiangxi Provincial Mineral Resources Guarantee Service Center organized relevant experts to carry out the ‘Pre-inspection of Caotougang Copper-Tungsten Polymetallic Deposit in Wuning County, Jiangxi Province’ and the ‘Pre-investigation of Copper and Tungsten Polymetallic Deposits’. A total of two fund projects in the ‘General Survey of Limestone Mines for Facing in Huajiashan, Ningxian County’ have undergone field acceptance.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price keeps unchanged on Monday March 29, 2021 when the market is still in a stalemate. But the decline in new tungsten forecast prices for late March dented market confidence.