Tungsten ore cargo operators who are in difficult to sell not buy dilemma , some cargo operators who commissioned on behalf of the factory production APT, APT lead to high inventory , but APT downstream enterprises demand continues to slump , factory orders scarce , APT prices slightly weaker expected This week the city continued weak tungsten maintenance of stability .

Macro level , the State Council to deploy the implementation of the government work report , the steady growth of investment as a key ; international gold prices slid 20 percent for months ; European Commission said the new sanctions will also hit Russia the EU , does not recommend sanctions.


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Tungsten market : current market price is more confusing, because the business mentality , leading to low spreads widened significantly . Tungsten powder Quote concentrated in 264-270 yuan / kg, native WC 263-269 yuan / kg, while the actual transaction mostly concentrated in the 265 yuan / kg nearby , is expected to be a continuation of the recent weak market and more stable trend. Tungsten concentrate prices weak stability maintenance , turnover improved slightly , the mainstream price centered around 1.45 yuan / kWh . By the cost of support, hold stocks cheap Paohuo will is not strong , is expected to stabilize short-term ore price or actual market demand or difficult has clearly improved.

Molybdenum market : the current internal and external molybdenum products market is quickly pull up phase , businesses involved in motivation high, and very price conscious strong . Due to tight cash resources , molybdenum emotional quotient Foreign reluctant to sell concentrated ; molybdenum iron manufacturers of raw materials procurement difficulties, coupled with more orders , quotes high. Other molybdenum products market is expected to resonance. Is expected to run on the side or the short-term molybdenum market steady .

A quarter Guangxi Wuzhou Industrial Park plans 15 new projects . Currently, bio-genetic research Lijing , cell phone camera audio motor (VCM) production, constant quality pharmaceutical thirty-seven provenance standardized breeding base, the constant Xueshuantong indications pharmaceutical research, Xueshuantong research and process optimization , Sanhe Tim Burley an annual output of 10 million high- precision diamond cutting tool mold expansion and technological upgrading and other 14 projects have been planned or under construction in advance , start rate of 93.3% , which overseas the Thai Garment FXCM Tong tea processing, Lam Soon food Production has entered the stage of renovation projects , project progress faster. Construction projects , the Xinhua Electronic Information Technology Park project a plant construction has been completed , ongoing plant roads , drainage construction and finishing works , etc., some of the equipment has been installed in place , can be expected to run pilot projects two construction of the plant has also started . In addition, the production of gum base , business base and a number of construction projects have also accelerated the construction , is expected to be commissioned or delivered in use .


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Scheelite market demand remains sluggish overall , but improved slightly compared to last week, spot transactions , some of tungsten concentrate cargo operators because the transaction has yet to even find a generation of tungsten ore processing plant to APT, resulting in increased inventory APT .

At the same time , most are reluctant to external offer tungsten concentrate production , shipments will is not strong , because the current market price of shipping profits low, hold stocks for Minmetals and other large enterprises still have great expectations that there will always be late action , the price of tungsten better together .

It is understood wolframite mainstream 10.6-10.8 yuan / ton. Scheelite buyers continued to depress the inquiry, the current spot market has wolframite 105,000 yuan / ton low inquiry , few downstream tungsten smelting enterprises procurement action , only a few will demand that a small amount of stock in the old client . Scheelite is expected next week or continued weak market stability maintenance run , demand continued difficult to break , interval or high prices pulled back slightly .


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Tungsten prices continue weakening operation. The current market price is more confusing, because the business mentality , resulting in low spreads widened significantly . Tungsten powder Quote concentrated in 264-270 yuan / kg, native WC 263-269 yuan / kg, while the actual transaction mostly concentrated in the 265 yuan / kg nearby.

Tungsten , tungsten rod , tungsten and tungsten electrodes Quotes are no longer strong , low-cost resources, emerging markets , dragging down the overall market continued to fall. Business mentality significantly weakened in some areas, began competing Paohuo , tungsten and tungsten concentrates and no chemical market still no signs of recovery , fear of tungsten products is difficult to improve the short-term market sentiment , the market is expected to more than the continuation of the recent trend of weak stability .


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Tungsten concentrate prices weak stability maintenance , turnover improved slightly , the mainstream price centered around 1.45 yuan / kWh . By the cost of support, hold stocks cheap Paohuo will is not strong , is expected to stabilize short-term ore price or actual market demand or difficult has clearly improved.

Macro , open market operations to maintain a healthy and achieve a net return of 41 billion yuan this week ; quarter revenue growth down , drag the weak real estate sales ; March rebound in consumption and investment , economy is a positive signal .


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Tungsten city overall demand remained weak , closing stalemate, businesses generally tight money , a lot of the current market transactions are debts , especially temporary waste tungsten tool relatively strong performance is more obvious than the debts to be paid in cash is 1-2 yuan / kg the longer and delinquency , the higher the price, the expected short-term waste tungsten steel is stable and slightly weaker run .


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European Commission website on March 5 announcement, the European High Representative for Foreign Affairs Catherine Ashton and Trade Commissioner De Gucht joint proposal , requiring EU countries agreed to stop profiting from raw materials trade financing conflict. The purpose of this proposal is to prevent or reduce areas of conflict or high- risk areas by armed groups in the raw materials trade to support its armed actors , the EU requires companies to adopt a responsible attitude and get tin , tantalum, tungsten, gold and other raw materials through legal channels .

The proposal also put forward a series of recommendations to promote European companies support the norm : For manufacturers phones , copiers , computers, etc. containing tin , tantalum, tungsten and other metals to give incentives through government procurement ; involvement in providing financial support for SMEs ; to take responsible approach to obtain raw materials from the company to give public recognition in areas of conflict ; through policy dialogue and diplomatic ways to cooperate with the national mining, processing and consumption in order to get more countries involved in irregularities ; implementation of development cooperation with the countries concerned ; member governments through its policy support.


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Tungsten concentrate market remains in the doldrums , buyers have been down the inquiry, but the manufacturer subject to cost constraints , low price does not take the goods , some manufacturers offer currently suspended for tungsten concentrates , watching the market sentiment is still very strong .

However , because the market has yet to positive factors supporting , lack of confidence in the business outlook for tungsten , some businesses due to financial constraints and other factors which low-priced goods to go . Scheelite spot market overall turnover is still less than normal, but a slight increase in the relative time ago , and mostly low turnover . It is understood that the current transaction price and more concentrated in the 105,000 yuan / ton, the analysis is expected to receive high-cost support , short-term ore price or stalled for some time down at 105,000 .


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Tungsten is China scarce and irreplaceable strategic resources , we expect to improve industry concentration , mandatory production plans and export policies will effectively control the supply of tungsten , 2013 - 2015 compound annual growth rate of tungsten concentrate production was 2 %. In our opinion, metal cutting tools , and development of oil / shale gas industry will continue to drive growth in the consumption of tungsten ; 2013-2015 China tungsten demand growth of 5% .

High-end equipment manufacturing will push tungsten downstream processing industries. High-end equipment manufacturing was listed as one of the big seven strategic emerging industries China , likely to be the next 5-10 years and the rapid development of the national policy support . According to China Association 2011-2015 tool development goals , domestic and efficient tool from a 15% market share in 2010 to upgrade to 2015 to 30% -40 %, which means to increase domestic demand for space efficient tool 60-100 billion ; expects domestic leading tungsten carbide deep-processing enterprises will usher in development opportunities.

Global leader in the development of carbide cutting tools two inspirations: ( 1 ) continued development of new products will help the company to maintain high gross margins ; ( 2 ) can enhance the company's overseas expansion of market share , maintain its leading position in the industry . We think that the biggest difference between the domestic manufacturers of carbide with overseas business model is that the overall tooling solutions and ability to meet special needs . We believe that with the domestic companies continue to invest in new product development , the development of space tungsten processing industry is broad.


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