The latest of ammonium molybdate, sodium molybdate and molybdenum bar prices are unchanged from the previous trading day because of deadlocked supply and demand, weak market confidence and thin market transactions. 

Defect clusters containing around 100 tungsten atoms (atomic mass 184) have been experimented by researchers from Japan, France, and the United Kingdom, and the test has shown out that at cryogenic temperatures, "massively heavy" atoms can mechanically move quantum within a crystalline material which defies the Arrhenius’ law.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium metatungstate (APT) prices in China remained weak adjustment in the week ended on Friday March 20, 2020 on low trading activity affected by the coronavirus. Most market participants took a watchful stance.

The rare earth price in China remains weak adjustment because of thin market transactions, cautious sentiment of market participants and low trading activity. With the continued spread of noronavirus, the demand at home and abroad is weak. As a result, the supply of medium and heavy rare earth products increases. Besides, international geopolitical issues and trade protectionism have brought greater uncertainty to the market, which has led to a stronger wait-and-see attitude among market traders, with rigid procurement as the main focus.

Molybdenum market quotation in China: the prices of molybdenum concentrate, molybdenum oxide edge lower while molybdenum powder price remain unchanged from last week owing to persistent weakness in the demand side, capital shortage and persistent mentality of market participants. 

Roland Gumpert launched the world's first methanol fuel cell vehicle (FCV) recently, with a longer mileage running than lithium battery. The fuel-cell supercar, Gumpert Nathalie, which owns far more battery life than current lithium battery electric vehicles (EVs), and achieves zero emissions.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China is still in the downward trend as market participants are active to sell their products for capital repatriation, but the whole market remains weak due to sharp decline in oil price, panic sentiment in stock markets, sluggish demand and logistic constrains around the world. In the short term, the market will continue to be weak. 

Rare earth market quotation in China: prices of dysprosium oxide and praseodymium neodymium oxide climbed slightly while europium oxide price remained unchanged in the week ended on Friday March 20, 2020. 

Molybdenum oxide, concentrate and ferro molybdenum prices in China declined slightly in the week ended on Friday March 20, 2020 when transactions were hardly concluded in the market. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China has been in the downward trend since March because of reduced international trade and persistent weakness in the demand side affected by the continued spread of conoravirus around the global. Growing panic clouds market participants, which makes reluctant to trade.