Tungsten concentrate prices continued weak run, tungsten chemical products also continued to decline, affected by poor market sentiment scrap tungsten downstream intentionally keep the prices down, but holding cargo shipping prices will is not strong, so the overall turnover scarce, buyers and sellers slightly stalemate. Short-term market is expected to die hard tungsten scrap weak pattern.

Waste tungsten mainstream market continues steady. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 187-189 yuan / kg, domestic waste tungsten blade 167-169 yuan / kg, imported scrap tungsten blade 177-179 yuan / kg. W tungsten content of the waste material purchase price grinding 30-40 degrees concentrated in 1.4-1.45 yuan / kWh, 50-70 degrees concentrated in the 1.5-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.7 yuan / kWh.

Overseas tungsten City remain stable. 26 MB ferrotungsten evening Rotterdam offer 40-41 USD / kg tungsten, ammonium paratungstate Europe offer 345-360 U.S. dollars / metric ton, quoted in Hong Kong dollars 355-370 / t degrees, steady. Gradually release overseas demand, the market mentality began to improve, gradually warming the atmosphere transaction, expected short-term overseas market stable and inflation is running.


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 and molybdenum are facing the new problems after the failure of WTO lawsuit. At present, the Ministry of Industry and Information Technology continued to complete tungsten/molybdenum management policy and promoted the establishment of rare metal regulation. For the current tungsten and molybdenum market, the actual dealing volume of tungsten product is weak, the market of molybdenum is the same to tungsten and rare earth. In brief, tungsten and molybdenum have missed the busy season. And rare earth industry in China is facing a big problem.

Tungsten concentrate prices weak stability maintenance, the market is still in a state there is no market price, the actual volume was light, although a slight Inquiry; but mostly tentative. Holding cargo shipments will increase, but the buyer continued to lower prices, buyers and sellers stalemate, low turnover difficulties. Subject to the demand continues to slump and financial constraints, the current buyer is more dominant, price is still in Yindie trend.

It is understood that more than the current 60 degrees scheelite ore price of 1.33 yuan gross / kWh (excluding tax), Scheelite offer still hovering at 60 degrees 100,000 yuan / ton in the vicinity, but the actual inquiry has been lowered to 98,000 yuan / ton, and traded scarce, tungsten ore market before the holiday is expected to continue weak run.

 

Tungsten market: the market demand does not improve tungsten, tungsten-based products are basically no market price, turnover is rare; although slightly inquiry, but mostly tentative. Holding cargo shipments will increase buyer continued down the inquiry, buyers and sellers is difficult to reach a consensus, the low turnover difficulties. Tungsten iron smelter operating rates at home, offer lower post or below the 170,000 mark; tungsten steel scrap merchant receipt willingness low, wait and see mood strong.

Molybdenum market: foreign molybdenum prices continue to adjust downward, the domestic market but also in the low transient stability of the state. Poor internal demand and external market has improved poor, poor export market conditions, increasing the risk of a single market. Although the end of the steel trick concentrated, while the tender level down, expected short-term molybdenum City or weakly stable.


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