Tungsten market: tungsten ore traders lack of confidence, liquidity pressure, shipments will increase. However, final demand is not good, prudent tungsten smelter home operation, strict control of raw materials and product inventory, purchasing Scheelite intention is not strong, and continue to suppress the inquiry, post-tungsten ore market price or steady small drop. Ferrotungsten downstream market demand remained weak, high-speed steel, special materials are rarely smelter recently purchased home, leading manufacturers in recent months ferrotungsten active low, the market overall operating rate. Short-term market is expected to temporarily difficult to improve.

Scrap steel prices decline more than tungsten. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 175-178 yuan / kg, down three yuan; imported scrap tungsten blades and drawing dies 168-170 yuan / kg, down 2 yuan; domestic waste tungsten blade 157-160 yuan / kg, down 1 yuan. Businesses pessimistic attitude, shipping prices have led to an endless stream of low-cost resources on the market, prices are not the lowest, only lower, but the overall volume is still in the doldrums, the market outlook is still optimistic.

Waste tungsten material prices also continued to decline. Currently more than 70 degrees tungsten grinding waste materials concentrated in price between 1.59-1.63 yuan / kWh, 50-70 degrees 1.49-1.59 yuan / kWh, down 0.01-0.03 yuan; 30-40 degrees temporarily remained at 1.39-1.44 yuan / kWh. Currently tungsten concentrate price decline is difficult to stop, along with scrap prices continue to fall, market confidence is very sluggish, short-term market is expected to temporarily difficult to improve.


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

Ferrotungsten downstream market demand remained weak, high-speed steel, special materials are rarely smelter recently purchased home, leading manufacturers in recent months ferrotungsten active low, the market overall operating rate. So far, most of the temporary shutdown of small manufacturers currently no willingness to resume production, the small number of large tungsten iron smelter at home are starting to resume production.

Currently 70 mainstream price of tungsten concentrate iron in 16.6-17 yuan / ton (cash - acceptances), 80C ferrotungsten single market exercise less, the price of the mainstream focus on more than 170,000 points. It is understood, Hunan, a large resume production this week, and immediately received a number of orders, the current 70 base ferrotungsten acceptance offer 169,000 yuan / ton. And Hunan and Hubei Lihong, a large tungsten iron trade reached a cooperation agreement, authorized & ldquo; scale tungsten brand & rdquo; 70 #, 80-C # tungsten iron exclusive distributor in Hubei Huangshi area.


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 prices are no longer strong. Currently tungsten steel offer 260 yuan / kg, high-purity tungsten 290 yuan / kg, stumble around 10 yuan. Tungsten and tungsten rod electrodes no significant decline in the market, due to less downstream demand, so businesses will not high prices. Expected short-term or temporary tungsten products prices stabilize.

Tungsten powder and tungsten carbide market vulnerable stability maintenance, currently concentrated in the actual transaction between 244-245 yuan / kg. Due to continued low prices of raw materials such as tungsten concentrate, powder along with business confidence declining shipments will gradually increase prices, low-cost resources are also emerging on the market, the overall market appears vulnerable.

Overseas tungsten City dropped again. 22 MB ferrotungsten evening Rotterdam offer 38.5-39.5 U.S. dollars / kg tungsten, transient stability; paratungstate Europe offer 325-350 U.S. dollars / metric ton, down $ 10-15; Hong Kong offer $ 340-365 / metric ton, down 5-11 USD. Expected short-term overseas tungsten market continues weak



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