Chinese molybdenum prices show differences in the week to Wednesday 19. The tightening availability of tungsten raw materials offer strong support for tungsten concentrate prices and trading activity increases.

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Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices remain steady earlier in this week under the low output and weak demand. Affected by the environmental protection policy and relative positive attitude of large tungsten enterprises, tungsten ores sellers try to stabilize offer levels and reduce the sales of low-price products. 

Rare earth market quotation in China: the latest prices of europium oxide, lanthanum oxide and dysprosium oxide are unchanged from the previous trading day. Under Chinese environmental protection policy, sellers have strong rised mentality. But without the cooperation from terminal demand, buyers and sellers are in a stalemate. The whole market trading is thin in Chinese market. 

Chinese molybdenum prices tend to stabilize after a slight decline in previous stage. The environmental protection offers strong supports for the market, but steel biddings slow down and the demand remains weak. Therefore, insiders remain rational mentality and trading activity is slow.

The latest prices of europium oxide and praseodymium neodymium oxide reduce slightly compared with last week while cerium oxide price maintains stability. Under the weak supply and demand, traders remain weak buying interests, with thin market trading. Insiders now wait and see.

Opening this week, sodium molybdate price in Chinese market remains stable. Businesses have good mentality under the environmental protection inspection, but weak demand lowers market activity. Some manufacturers cut their product profits for more sales. At present, the supply of molybdenum ores is tight and the market is caught in heavy wait-and-see atmosphere.

Analysis of latest tungsten market from ChinaTungsten Online

Tungsten prices in Chinese market have been maintained stability since September on weak buying interests. The cost for environmental protection and low product prices cutting profits raised sellers’ rised mentality in the tungsten concentrate market. Low-price products reduced while the demand remained weak.

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices remain weak adjustment in the week to Friday September 14, with a prospect of stability. Tungsten ore market keep steady and market participants are reluctant to sell products.