Tungsten Molybdenum Rare Earth Cobalt Lithium Nickel Price Quotes
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Tungsten Molybdenum Rare Earth Cobalt Lithium Nickel Price Quotes
China’s raw material market quotations, tungsten prices remain stable and strong, and the weak game of supply and demand is the current market norm. Affected by macro turbulence and weak demand, the speculative psychology of the trade market has decreased, and the sentiment of cautious wait-and-see is strong. There are many bullish views on the cost of tungsten raw materials, but the short-term continued action is limited. As the month is approaching, the industry pays attention to specific directional news entering the market and the actual recovery of demand for the “Golden Nine, Silver and Ten”.
In the tungsten concentrate market, under the support of tighter supply and firm costs, holders still have strong intentions to support the market, and the spot market has fewer low-priced resources. The industry generally believes that market outlook demand is expected to continue to increase with the improvement of the macroeconomic climate and the intensification of geographic conflicts. In the short-term, due to cautious downstream purchases, high-level transactions on the market are still difficult to negotiate.
In the APT market, the cost-side support market tends to rise but hardly fall, and the demand side hinders market trade negotiations. Smelters still need to avoid the risk of upside down, and offer cautious and firm offers, while downstream users have limited enthusiasm for taking the goods actively, and it is difficult to break through the market focus. They mainly refer to the long-term order prices of several representative tungsten companies. The game between supply and demand, the current spot transaction is not high and low, the actual market volume is limited.
In the tungsten powder market, with the recovery of the back-end consumer market in the international automobile, 3C and other industries, the market demand is expected to rise, and with the support of the cost side, the spot market is running steadily, and traders are reluctant to sell at low prices. At present, downstream cemented carbide and product companies are operating at an acceptable level, but the stocking sentiment is still cautious. As the epidemic still hinders international trade circulation, market transactions remain mainly on the sidelines.
Molybdenum market today
China’s domestic molybdenum prices have not changed significantly for the time being. Supported by positive factors, market trading activity has increased compared with before. The mentality of buyers and sellers has gradually stabilized. Some industry players have greater confidence in the prospects for the market outlook. In the molybdenum concentrate market, transactions are average, the stock of raw molybdenum concentrates is small, and the international molybdenum price remains stable. These are the main sources of motivation for mainstream molybdenum mining companies to maintain firm quotations. In the ferromolybdenum market, the fundamentals are relatively optimistic. The enthusiasm of enterprises to enter the market for bidding is generally high, which is the main factor for the slow dissipation of ferromolybdenum merchants’ pessimism. However, due to the low bidding price, it is difficult for suppliers to raise prices. Currently, the price of ferromolybdenum is stalemate at 94,000 yuan/ton; Molybdenum Chemical and its products In the market, the market is still weak. With the limited support of the upstream market and the calming of the policy, it is difficult for end customers to increase their spending power, which makes it difficult for merchants to update their quotations.
Today’s rare earth market
The domestic rare earth market in China as a whole is in a state of high volatility. Affected by the continuous release of good news, most of the holders are still reluctant to sell and hope to rise. However, as the fear of heights of downstream magnetic companies has gradually increased, merchants generally maintain rational quotations and reasonable control Depot speed. In the light rare earth market, transactions are average. Supported by the tight supply of some raw materials and production costs, traders are less willing to make profit, and coupled with the limited demand of downstream users, the market activity is not very high. The second listing price is still slightly increased; in the Chinese rare earth market, the overall stability and wait-and-see situation is maintained, the game between the supply and demand sides is weak, and the downstream rare earth separation plants are less enthusiastic about receiving and stocking, which is the main reason for the lower price of manufacturers. This week, China The listed prices of rare earths in the South moved slightly upwards.
Today’s cobalt lithium nickel market
Cobalt prices are operating steadily, the market has strong expectations of tightening supply and demand fundamentals, and merchants are reluctant to sell their products. On the supply side, the epidemic has a significant impact on the import of raw cobalt ore, and the recent cobalt purchases and storage are expected to continue to increase market concerns about supply tightening; on the demand side, the investment in downstream industries such as new energy and 5G has increased, driving industry demand for the market outlook Expectations of warming up. However, overall, international economic and trade risks still exist under the epidemic, and the process of de-cobaltization in the power market advances, and the impact on cobalt consumption will become increasingly obvious.
The overall price of lithium is operating stably, long and short are intertwined, and market supply and demand operations are relatively rational. The positive aspect lies in the support of raw material costs and the expected recovery of demand for new energy in the post-epidemic era; the negative aspect lies in the uncertainty of the international epidemic and geographic conflicts, and the current actual supply of lithium is still relatively sufficient.
Nickel prices are operating well as a whole. Affected by the ban on mines in the main producing areas and the decline in transportation capacity under the epidemic, businesses are more worried about the supply of raw materials in the market outlook. Coupled with the recent recovery of stainless steel and battery market demand, the market momentum has gradually strengthened. Industry insiders predict that the ban on mines in Indonesia and the decline in shipments from the Philippines will cause a nickel gap of approximately 220,000 metal tons.
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