Tungsten Market demand remains in the doldrums, today mainstream temporarily maintain calm, the overall volume was light, market activity is low, and in a short time is difficult tungsten market bottomed out, business confidence weakened. Scheelite hold stocks of raw materials very price weakness, but some are still being funded businesses do not want to lower shipments; downstream tungsten smelter home overall operating rate is low, very price conscious enhanced turnover Yindie.

Scheelite mainstream market prices are still hovering in the 100,000 yuan / ton in the vicinity, APT market price hovering around 160,000 yuan / ton, the actual cash transaction or 160,000 low points. Without a big positive factor stimulation, rose this year to usher in the tungsten price is unlikely, and with eleven small holiday approaching, some of the funds are insufficient or hold stocks of shipments will increase, market activity increase, by the end of September or the spot market turnover increased slightly.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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Tungsten market: as demand has not yet been improved, businesses generally tight liquidity and market high backlog of inventory, quote after another down, buyers are still trying to keep the prices down, the recent tungsten products offer another down, and buyers are still trying to suppress the inquiry, the risk of late still weaker, more than 50 grade tungsten ore late may now lower quote. The market is still expected to post weaker space to run.

Molybdenum market: internal and external synchronization molybdenum prices fell, adding to pessimism on the outlook of the business. Among them, the external molybdenum prices dropped by a big margin,

Due to poor tungsten concentrate prices, scrap tungsten material recyclers interested in lower prices, the overall volume scarce. Short-term market is expected to die hard tungsten scrap weak pattern. Quotes mainstream temporarily stable tungsten scrap, scrap tungsten grinding material price trend lower, the current scrap price excluding tax tungsten drill mainstream concentrated in 187-189 yuan / kg, domestic waste tungsten blade 167-169 yuan / kg, imported scrap tungsten blade 177-179 yuan / kg, scrap wire drawing dies mainstream price 180 yuan / kg. At present, the content of the purchase price of 30-40 degrees W concentrated in 1.4-1.45 yuan / kWh, 50-70 degrees concentrated in 1.5-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.7 yuan / kWh.

Overseas tungsten market continues to fall. 19 MB ferrotungsten evening Rotterdam offer $ 40-41 / kg tungsten, steady. Paratungstate Europe offer 345-360 U.S. dollars / metric ton, steady; Hong Kong offer $ 351-370 / t degrees, low, dropping $ 7. Overseas demand for the release is slow, poor market sentiment, trading atmosphere was still deserted, or expected short-term overseas markets remain weak trend.


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

Despite the fact that the summer break has ended, but the domestic demand-pull is not large, smelter production enthusiasm family still low, the market overall operating rate. This week the domestic market inquiry ferrotungsten still small, spot market transactions scarce, very price conscious of the manufacturers, but downstream demand remained weak, continue to weigh on prices, the actual transaction price was Yindie phenomenon, manufacturers and more quantitative production, strict control of inventory.

It is understood that the manufacturers of tungsten iron offer is still relatively strong, 70 ferrotungsten quoted at 17.3-17.6 yuan / ton, 80 ferrotungsten quotes about 185,000 yuan / ton, then 70 ferrotungsten actual transaction prices of around 170,000 in cash yuan / ton, 80 tungsten iron due to improved export market and relatively better.


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