Weak demand for tungsten, tungsten serious unsalable goods, raw material suppliers will ship cargo hold of tungsten concentrate increased, but the purchaser continued down the inquiry, currently 60 degrees scheelite actual price has fallen below 80,000, expected late 50-60 degree scheelite mainstream prices or reduced to 7.6-7.8 yuan / ton.

Macro, today announced a quarterly macroeconomic data, GDP growth rate of around 7 percent or; a new batch of FTA or programs in the Midwest, Zhengzhou and other three have been reported; March M2 growth rate lower than the annual target.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten market: Tungsten City bearish sentiment strong, holding cargo shipments will increase, but the buyer funding constraints, strongly suppress the price, turnover is relatively stalemate, the spot market tentative inquiry, offer more, but still less the actual transaction, In particular, traders are very price wolframite waiting to see more. Currently, the market turnover of 65% tungsten concentrate very little turnover of 50-60% tungsten concentrate prices being stable. Expected short-term price of tungsten or slipped.

With the rapid expansion of China's auto industry, the demand for auto parts machining cutting tool is increasing, and demand in China in the field of steel, transportation and construction of carbide is also increasingly strong. In the strategic picture carbide foreign multinationals, the Chinese market has quietly become the protagonist from a supporting role.

Analysts pointed out that the "five-second" end of carbide production reached 30,000 tons, sales revenue reached 30 billion yuan, deep processing products accounted for more than 40% of the total carbide. Compared to export the "Eleventh Five-Year" will double, and strive to more than one billion US dollars. Carbide will deep processing, development tools supporting the direction; the ultra-fine, ultra-coarse and coating composite structures such as the direction of development; the recycling economy, energy saving direction; to precision, miniaturization direction.

In recent years, China's industrial development Carbide made no small achievement, but compared with developed countries, there is still not a small gap. Main features: less investment in research, innovation and poor; low-grade equipment, the gap is large; alloy production and tools of production out of touch; low cost industry.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten City bearish sentiment strong, holding cargo shipments will increase, but the buyer funding constraints, strongly suppress the price, turnover is relatively stalemate, the spot market tentative inquiry, offer more, but still less the actual transaction, expected short-term price of tungsten or slipped.

Macro, March import and export trade steady double down many ministries, exerted pressure to complete the annual target; the price of gold fell below $ 1,200 / oz psychologically important level; IMF said the world's major economies will enter a period of low growth.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn