With the shortage of raw material supply, the divergence between tungsten mine and smelter has narrowed gradually. Market participants tend to insist on a conservative selling way, waiting for higher price.

The latest price of tungsten concentrate, ammonium paratungstate and tungsten powder continues to be strong. Tight supply, positive guide price of large enterprise and a better demand provide the market with rising kinetic energy, leading shippers actively offer quotation.

Recently, growth of rare earth price in China is limited, and the trend of price callback of dysprosium series is obvious. The day before, Association of China Rare Earth Industry recommended National Development and Reform Commission and National Reserve Bureau to postpone the purchase and release some rare earth reserves.

Opening this week, tungsten market in China remains firm. Demand has not recovered, and some traders are still cautious. Supported by supply crunches and positive guidance of large tungsten enterprises, traders are bullish on the market. Tungsten price in China increased substantially.

Rare earth quotation in China is a little confusing. Willingness of supporting the price gets eased slightly. Rare earth price is still easy to rise and difficult to fall.

Tungsten concentrate market quotation: the latest price of tungsten concentrate, ammonium paratungstate and tungsten carbide powder rises collectively. Limited production caused by environmental protection and tight supply of tungsten concentrate still strongly support Chinese tungsten market.

Rare earth industry in China gradually revealed a trend of rational adjustment, and quotations vary widely. The early surge of prices caused by speculation led to the concern of the Ministry of Industry and Information Technology and industry associations.

Tungsten price in China this week mainly rises or falls at a very small range. The market turnover is still flat. Affected by raw material speculation enthusiasm, price of tungsten products at the beginning of this week showed a slight increase. However, as the demand has not increase and the market becomes cautious, raw material takes a consolidation pattern.

Rare earth price in China temporarily maintain stability. Price of Dy variety has callback. Recently, the quotation of rare earth materials is rather confusing. And the volume in market is low. As the pressure of cracking down on speculation and profiteering still exists, the supply contraction remains unchanged.

Yesterday, the overall tungsten market in china products tends to a wait-and-see mode. The fluctuation range of mainstream tungsten price relatively narrowed. Affected by the shortage of raw materials, currently the market purchasing enthusiasm is low.