With the continuous weakness of guided price, tungsten iron manufacturers' offer continue to be strong, the reason is mainly that there is a difficulty in collecting money in the market, and the purchasing price of raw material is hard to drop, and environmental pressure has increased. Enquiries in downstream market are being negative, the dealing volume in market is weak, the actual transaction prices still fell slightly compared to last week, especially the dealing in low part has increased slightly.

It is reported that the quotation (including tax）for 70 tungsten iron is on 171000 to 175000 yuan/ton, there is a higher price of 176000 yuan/ton, but the actual dealing price is in 170000 to 172000 yuan/ton.

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
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Tungsten market: tungsten market continues to wait and see, procurement of raw materials downstream smelters home care, Scheelite inquiry slipped slightly, lack of business confidence, the late ore prices have fallen below 100,000 in danger. Inquiry ferrotungsten increase, but the actual trading volume was not significant breakthrough, most homes are still in the smelter shutdown / production running. Tungsten strong market sentiment, higher shipments will begin low-cost businesses take the goods, leading to continuous price decline, the downstream demand is still sourcing, trading atmosphere deserted.

The guided price from Minmetals and tungsten association is different in September, From tungsten association,the price of  black tungsten concentrate is down to 105000 yuan/ton, but from minmetals it is still 110000 yuan/ton, both prices are higher than the actual market price, which there is little impact on the spot market impact in short term. However, it is no doubt that the weakening guided price has reduced businessmen's confidence again.

Tungsten Market demand continues to slump, tungsten businesses operating dilemma, the sale are cautious, raw relatively low turnover increased slightly last week, APT and other smelter home run downstream pressures, profit margins are compressed again, funding pressures increase, production enthusiasm is low. It is understood that now concentrated in the mainstream APT market price 160,000 yuan / ton, the acceptance offer 162,000 yuan / ton, the cash turnover of 160,000 yuan / ton, the actual cash transaction occurs 159,000 yuan / ton low.

Sodium tungstate market turnover continued scarce, 96% sodium tungstate mainstream market quotations 12.4-12.7 yuan / ton, manufacturers continued to run low operating rate, will ship high, but the product unmarketable difficult to sell on price, the actual cash price gradually approaching 120,000 yuan / ton.


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