Weak Consumption for Tungsten Primary Products in China

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Analysis of latest tungsten market from ChinaTungsten Online

Trading in the raw material market continues to be thin and thus consumption for tungsten primary products is weak. Before the release of guide prices from large tungsten enterprises and institutions, businesses are generally negative about the outlook. 

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Chinese Rare Earth Price - Jul. 06, 2018

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Chinese rare earth price remains weak adjustment this week because rigid demand fails to meet market expectation and sellers do not benefit from purchasing and storage policy. 

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Molybdenum Price in China - Jul. 06, 2018

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Molybdenum price in China is unchanged from the previous trading day as trading activity remains quiet in the market. Although operating rate increases, enterprises’ consumption for molybdenum raw materials is low. With the stabilization of international molybdenum prices, Chinese insiders hold different views on the outlook. In the short term, molybdenum price will still be stable.

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Lower Guide Prices Dragged Down Chinese Tungsten Prices

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Analysis of latest tungsten market from Chinatungsten Online

Xiamen Tungsten, a Chinese tungsten enterprise, released its first guide prices in July. APT was quoted at $304.2/mtu, a $3.5/mtu lower compared with last time.

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Rare Earth Price in China - Jul. 05, 2018

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Rare earth price in China maintains stability on whole while enterprises lower offer levels to move materials in some regions. With production capacity recovering gradually, pressure for supply side comes again, plus limited consumption in the off season, the whole trading is thin. In the short term, rare earth price is likely to be adjusted in a narrow range. 

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Chinese Molybdenum Price - Jul. 05, 2018

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Chinese molybdenum price maintains stability and market trading increases after price levels moving lower. Traders now pursue stability, but the continuous imbalanced between supply and demand differs mentality of buyers and sellers. 

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Chemists Developed a New Superhard Material - Tungsten Boride

tungsten boride picture

Chemists from Russia and China have developed a new superhard material for use in drilling, machine building and other fields. The new tungsten boride they discovered outperforms the widely used 'pobedit' - a hard tungsten carbide and cobalt composite material with artificial diamond interspersing. The results of their research were reported in the renowned scientific journal, The Journal of Physical Chemistry Letters.

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Chinese Tungsten Price Stabilizes with Supply

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Analysis of latest tungsten market from Chinatungsten Online: Smelting factories in major tungsten production areas restart production gradually, which presses market mentality. Traders raise risk consciousness in off season and compete with others to move materials. As a result, transaction prices are lowered. 

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Cerium Oxide Price - Jul. 04, 2018

cerium oxide picture

Rare earth market quotation in China: the latest price of praseodymium neodymium metal and praseodymium neodymium oxide declines slightly from last trading day while cerium oxide price remains unchanged. The weakness in Chinese rare earth prices comes to low buying interest of downstream purchasers and imbalanced supply and demand.

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Ferro Molybdenum Price - Jul. 04, 2018

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The latest price of ferro molybdenum, molybdenum concentrates and molybdenum oxide edges lower compared with last trading day on quiet trading activity. 

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APT Smelting Factories Resume Work Gradually in Earlier July

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Analysis of latest tungsten market from Chinatungsten Online: Chinese environmental protection checks finished when July comes, and APT smelting factories in major tungsten production areas resume work gradually earlier this week.

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Chinese Rare Earth Prices - Jul. 03, 2018

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Rare earth market quotation in China: the latest prices of praseodymium oxide, neodymium oxide and praseodymium neodymium metal move lower compared with last trading day.

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Molybdenum Powder Price - Jul. 03, 2018

molybdenum powder picture

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

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Chinese Tungsten Market Moved Lower as Buying Remained Slow in June

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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.

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Europium Oxide Price - Jul. 02, 2018

europium oxide picture

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. 

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Chinese Molybdenum Price - Jul. 02, 2018

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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. 

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Depressed Trading Activity Drags Down Tungsten Powder Price

tungsten powder picture

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. 

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Terbium Oxide Price - Jun. 29, 2018

terbium oxide picture

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.

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Molybdenum Powder Price - Jun. 29, 2018

molybdenum powder picture

Molybdenum prices in China are in a downward trend in light of weakening supports from costs and the stability of steel biddings. International molybdenum prices move lower and this dampens Chinese market. 

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Heavy Metal Alloy Based on Tungsten to Replace Lead

tungsten heavy metal alloy picture

The Bavarian company Wolfram Industrie offers a more environmentally friendly alternative as raw materials because lead is highly toxic and not easy to decompose. Triamet, a heavy metal alloy based on tungsten, features high density and high radiation absorption capacity.

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