By the end of two days stocking increased slightly by tungsten market inquiry

Tungsten market: It is understood that the end of January tungsten smelter will come home later this month shutdowns, increased by the end of two days of stocking, slightly increasing market inquiry, therefore the time of signing the order earlier this month, and the price is relatively orders last month a slight increase, but by the end demand is low, the double pressure of raw materials inventory constraints, resulting in spot market goods less, distribution market opens inquiry is still expected this month or tungsten firmer commodity prices, but the upside is limited.

Read more: By the end of two days stocking increased slightly by tungsten market inquiry

Clutched goods not hold stocks, tungsten steel scrap prices steady

Although the agency quoted the crash, but the scrap tungsten market prices remain stable, mainly because traders goods clutched in your hand, do not ship, resulting in spot market goods less, still Inquiry distribution market opened, but less cargo, the middle traders operation more difficult, by this support and tungsten steel scrap prices steady.

Mainstream tungsten steel scrap prices steady, around Christmas and then the specific price is still relatively slight rise, mainly because some manufacturers were late stocking, less cash, big traders to receive scrap tungsten steel, had raised the inquiry. It is understood that before distribution market scrap tungsten drill mainstream 157-159 yuan / kg, now scrap tungsten drill mainstream 158-160 yuan / kg, slightly rose 1 yuan / kg.


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
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New Shao discovered a large amount of tungsten ore proved more than 70,000 tons of tungsten resources

Recently, news came from Hunan Geological Prospecting Bureau, compiled by the Bureau 407 team "Xinshao County, Hunan Lake Creek mine tungsten ore exploration report" filed in the Provincial Department successfully submitted 70,400 tons of tungsten resources, amounting to large-scale deposits. This is the first since 2000 in Hunan nonferrous mineral exploration by filing reports.

New Shao Lake Creek mine tungsten ore exploration team Hunan Geological Prospecting Bureau 407 commercial geological prospecting projects signed in 2010, which lasted four years, the project team completed the field work from detailed investigation into the exploration, geological survey completed 1:2000 2.15 square km, stratabound deposit type for tungsten skarn deposits, mining engineering uncover a single layer of tungsten mineralization up to a maximum of 19 layers, each layer in both mineralized ore distribution. Exploration report which 12 mineralized layers are numbered and estimated the amount of ore resources, a total of 57 ore body delineation, ore body thickness of 0.64 m ~ 17.56 m, with an average grade of 0.367%, the amount of 19.16 million tons of proven tungsten ore tungsten resources of 70,400 tons. Expected mine life of 17 years, the potential economic value of the total of about 80 billion.


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

Raw material prices stabilized tungsten concentrate, APT prices low rise

It is understood that two days APT Inquiry increased slightly, most smelters home currently has orders in production, price and signed slightly raised than before, with the offer price gap is small. Before New Year's APT focused on mainstream price 125,000 yuan / ton, or even lower, low-cost or even 123,000 yuan / ton traded, the actual transaction price and then offer a difference of nearly 10,000 yuan / ton; however, after the publication of guidance prices lowest price APT smelter home is 126,000 yuan signing / ton, external offer focused 12.8-13 yuan / ton.

The APT price rise is mainly due to low: First home tungsten smelter shutdowns will come later this month, an increase by the end of two days of stocking, market inquiries increased slightly; the second is the introduction of new environmental laws, Ganzhou factory downtime elongated, output strictly controlled; three is the raw material of tungsten concentrate prices stabilized and rose slightly, APT prices are also affected by this support and slightly firm.


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

Guided just introduced this month, the tungsten market sentiment is still strong

Tungsten market: major institutions guided just introduced this month, market sentiment is still strong, the actual turnover less; as demand continued to slump, while ferrotungsten stock has adequate supply and demand once again highlights, tungsten iron manufacturers take the hard goods, foreign manufacturers Quote difficult firm. And with Jiang W, Minmetals, Ganzhou tungsten tripartite co quoted sharply lower, tungsten market outlook is not expected, tungsten quotes are slightly lower, lower price, more upside.

Read more: Guided just introduced this month, the tungsten market sentiment is still strong

 

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