The latest price of molybdenum concentrate and ammonium molybdate falls slightly while molybdenum powder remains unchanged compared with last week.

The third Guangdong International exhibition of robotics and intelligent equipment was opened at the Guangdong Modern International Exhibition Center in November 28th, for a period of 4 days, and 8 pavilions will be all started with an exhibition area of 116 thousand square meters. During the exhibition, there are also 2017 Guangdong manufacturing industry development annual meeting and the Guangdong manufacturing industry summit of the top 500 enterprises and other key supporting activities, thus leading the rapid development of "Made in Dongguan".

In our country, many industries are keen to make use of artificial intelligence to improve efficiency, and experts generally believe that we have a long process before super artificial intelligence, that is, its cognitive level with the level of human beings. But in the future, it will be a matter of time to replace most of the doctors' work by AI robots. At that time, there would be not only a "look, smell, ask, cut" outpatient robot, but also a surgical robot that would have surgical tools. By that time, the demand for tungsten materials would be likely to grow.

At 12:50 on November 21st, our new generation launch vehicle, long march six, was successfully launched at the Taiyuan satellite launch center. This is the first commercial launching mission of the long march six launch vehicle following the successful first flight in 2015. The launch was carried out in an arrow and Samsung way, successfully sending three "Jilin One" video satellites to the intended orbit.

Analysis of latest Chinese tungsten market from Chinatungsten Online: Tungsten prices maintained stability and market was caught in heavy wait-and-see atmosphere in June. Earlier in last month, a large number of smelting factories in major tungsten production areas shut down for environmental checks and sellers have strong rised mentality on the reducing production.

The latest price of europium oxide, praseodymium oxide and praseodymium neodymium oxide is unchanged from last week. Affected by the off season and relatively large inventories, buying activity in the market is thin. Deals now are fewer done and market participants are reluctant to trade, waiting for new round of listing prices of large rare earth enterprises. 

Opening this week, Chinese molybdenum price continues to be weak. Quantity in steel tender at the end of last month increased, and trading activity also improved, but tender prices still maintained at a relatively low level. Under the weakness in both supply and demand, traders would have heavy wait-and-see atmosphere at the beginning of July. 

The People's Republic of China Ministry of science and Technology (Ministry of science and Technology), November 27th, on 15-16 November 2017, the twenty-first session of the ITER organization was held at the headquarters of the ITER organization, Saint Boris Du long, France. Council members and experts from seven sides of China, EU, India, Japan, South Korea, Russia and the United States and senior officials of the ITER organization attended the meeting. Chen Linhao, deputy director of the international cooperation division of the Ministry of science and technology, led a delegation to attend the meeting.

Analysis of latest tungsten market from Chinatungsten Online: The tightening availability of APT seems to be the main factor influencing Chinese tungsten prices when quiet trading activity remains in the buyer’s market. Under the weak supply and demand, market participants now are focusing on environmental policy orientation and attitudes of large tungsten enterprises. 

Terbium oxide price in China is unchanged from the previous trading day while the prices of praseodymium oxide, neodymium oxide and dysprosium oxide move lower. Major reasons for the decline are listing prices drop of large rare earth enterprises earlier in this week and lower deals done, although trading activity increases. Would-be sellers appear willing to drop offer levels in order to move material at present.