Tungsten market: Although partial funding remains tight, but tungsten smelters are gradually stocking home to prevent raw materials can not buy a short time after the Spring Festival this week, ammonium paratungstate, tungsten powder Inquiry increased slightly, but the volume is still large, turnover slow price increases, paratungstate smelter recent home price continued strong foreign, low turnover decreased enthusiasm smelter home sales weakened, mainly old orders, sodium tungstate continued weak market demand, low stock market trading, manufacturers continue to produce less expected this week, the price of tungsten may be more stable and was up.

Although partial funding still tight, but tungsten smelters are gradually stocking home to prevent raw materials can not buy a short time after the Spring Festival this week, ammonium paratungstate, tungsten powder Inquiry increased slightly, but the volume is still large, slow price increases, sodium tungstate continued weak market demand, low stock market trading, manufacturers continue to produce less, 96% sodium tungstate focused on the mainstream market price 103,000 yuan / ton in the vicinity, however it is understood the individual market has emerged less than 10 million or less the transaction price. Tungsten prices expected this week may be more stable and was up.

Macro level, oil prices plunged 4.7 percent on Monday once again, fell below $ 46 a barrel; intraday spot exchange rate of RMB rose hundreds of points, hit a new high this year; Shanxi: Coal pushing reforms to stimulate economic vitality.


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

Paratungstate smelter recent home price continued foreign firm, the market price of the mainstream tax concentrated in 12.8-13 yuan / ton, low turnover decreased smelter positive home sales weakened, mainly in the old orders, is expected to near paratungstate prices or hovering in the 13 mainstream Wan nearby.

Causes leading to paratungstate market situation are: ① raw Scheelite cargo operators reluctant to sell bullish attitude enriched, ammonium paratungstate procurement of raw materials more difficult; ② raw tungsten concentrate prices rose, raising the cost of production of ammonium paratungstate, foreign offer strong; ③ part downstream powder manufacturers received orders more ammonium demand for paratungstic increased slightly, to some extent support paratungstate market strong run; again ④ Pan Asian deferred payment paratungstate smelter home loans, paratungstate smelter home temporarily still money is tight, while sales paratungstate mostly accepted transaction Therefore enthusiasm temporarily weak sales, cash transactions are still relatively popular.


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: Pan Asia again last week before unfulfilled commitments if, January 10 payment, pay only a small amount, and interest businesses complain about, affected, this is around the corner of buyers, caution, market sentiment increasingly rich, tungsten steel scrap prices firm, insufficient cash distribution market, turnover of more than small amounts of transactions. This week tungsten or temporary stabilization of the main city, turnover remained deadlocked.