Years after the market price of tungsten ore relatively more bullish sentiment, hot money hoard goods increased enthusiasm for two days of tungsten ore spot market is a small amount of the transaction, mainly traders trading in small quantities, price range and more ago is a little high or high up. Recently ore prices rose slightly, wolframite not offer tax of more than 60 degrees of 1.12-1.14 yuan / kWh, representing a year or about 0.15 yuan / kWh. Among them, the downstream smelting enterprises inquiry more concentrated in the 1.13 yuan / kWh, almost in line with historical highs range; however want to hoard points Scheelite hot money, the inquiry was 1.14 yuan / kWh, the price rose slightly compared with years ago.

Analysts believe that the tungsten concentrate prices rose slightly main reasons: ① Scheelite cargo operators reluctant to sell sentiment concentrated; ② Festival downstream less new demand; ③ After the New Year, before the cut-off of mine is likely to delay the resumption of production; ④ some hot money, traders optimistic attempt to hoard a small amount of tungsten concentrate, the spot market is willing to buy more than willing to sell, prompting the price of tungsten was up.


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Tungsten market: tungsten enterprises have resumed business, most manufacturers have not yet resumed production, price quotes and more years ago continues, mostly high offer, but is not yet the new deal, the price is still low due to mining, cargo operators reluctant to sell. Recent tungsten market volume is still deadlocked, the price of tungsten concentrate and paratungstate weak lower. Scheelite is expected shortly, paratungstate market or slightly lower, but does not rule out the possibility of shock consolidation.

Ministry announced the "2014 China's nonferrous metals industry to analyze and 2015 Prospect" clearly states to improve management of rare metals. Promote the introduction of "rare Regulations"; adjust Rare mandatory production plan issued way, discover issued paratungstate smelting production targets; research-driven tungsten, molybdenum resource tax reform.

Ministry issued a document will explore paratungstate smelting production targets, the current price of tungsten is low, the mineral that quotas since 2002, the card will be a smelting industry chain control is another benefit agents, Chinese varieties take dividend restrictions will significantly stimulate the supply price rebound.

Tungsten Market Festival signs of recovery does not appear, some downstream APT smelter home still closed for purchase, but individual manufacturers continued production workshop started Scheelite procurement difficulties, resulting in an increase in the cost of production of tungsten iron, but the market demand for light, in current low price of tungsten, tungsten mines resume production discontinued enthusiasm little or delayed start. After the Spring Festival holiday, tungsten ore traders to enter the market, but who are still reluctant to sell goods suppliers, buyers also purchase cautious, purchase offer is consistent with the year ago, the market turnover is rare, no cargo hold stocks cover.

Recent tungsten market volume is still deadlocked, the price of tungsten concentrate and paratungstate weak lower. Analysts believe that in the short term Scheelite, paratungstate market or slightly lower, but does not rule out the possibility of shock consolidation.


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