Due to the increased risk aversion among people, the gold price, which had fallen three weeks, ups these days. The international gold price rose 2.37% to $1278.26 / oz per week, and is expected to exceed $3000. Whether gold can continue to maintain the current strong or not, the upcoming U.S. 

Chinese Academy of Sciences for the ITER plasma has developed through tungsten copper tube type divertor components small modules completed high heat load test on the specified test platform, six test modules submitted all through testing and certification. It indicates that Chinese scientists have already with capacities that developed tungsten copper tube type divertor components for ITER.

Divetor component is the necessary ways for tokamak discharge in the process of controlling impurities and fuel recycling; exhaust heat and particle flow and helium ash from the center of the plasma, which also are the most critical components of ITER device.

The design specifications of tungsten copper tube type structural component are to withstand high thermal loads irradiation of 5000 10MW / m2 and 300 20MW / m2. However, since the thermal expansion coefficient and elastic modulus with greatly difference between tungsten material and tungsten copper alloy heat sink materials, the surface of tungsten copper will in higher thermal stress when it in the process of preparation and application. So tungsten copper tube type components is too difficult to developing.

The test module through the 5000 series of 10MW / m2 and 1000 20MW / m2 heat load cycle electron beam irradiation, exceeding the requirements of ITER. Which approved the plasma tungsten copper divertor’s advanced technology development. ITER Director-General Bernard Bigot be given due recognition and appreciation.

With the finish of hot American TV Series <Game of Thrones> Season 6, ‘the winter is really coming’ after all these 6 seasons. All of us have an expectation for who will finally reign the seven kingdoms and let’s wait and see what will happen in Season 7 in 2017.

Coincidentally, tungsten market has entered the traditional slack season in July and August with the break of European & American countries. That’s why we say that ‘winter is coming’.

National tungsten market has been settled in an awkard situation for a long time. Not only for the decreased demand, but also the uncertainty sentiment of market participants. The summer break of European and American countries will absolutely have negative influence on the tungsten market. However, price of tungsten shall never fall to such a low level. After all, the value of tungsten is far from this. In October, 2015, national tungsten products price slacked to the bottom since 2004. All the special factors brew and cause the result. People would reckon that will tungsten price falls again to the bottom of last year?

Since May, 2016, price of APT falls down for 30 thousand RMB/ton since it increases about 130 thousand RMB/ton, which has been just a month. It that were not enough, tungsten slack season is coming which results in delay of recovery. Price of APT has been below 100 thousand RMB/ton, will it be below 90 thousand/ton? Since the winter is already coming, we should focus on how to stay warm and struggle through this period instead of talking about the temperature.

Tungsten powder purchase amount has shown the backdrop, as well as tungsten carbide products. Although the market is depressed, the falling and increasing of price has its own sequence. All of us should have a rational reflection on this serious situation. The falling of price is not necessarily a good thing, it would be best chance for regular customers to purchase some stock. There may be downtick anytime due to special reasons of funds, stock, product and customer. Manufacturer should have the theory of always keep the quality of products. Customer service and comprehensive strength are the key points in such depressed market.

Let’s keep enthusiastic attitude to stay optimistic for the ‘winter’ of tungsten market in such hot hot summer.

The current domestic tungsten market is in a very embarrassing situation. It not only because “less demand”, but also due to the “unsafe” hearts of market participants. 

Summer adjournment of Europe and other countries in July and August would cause some negative impact on the market. However, the main reason of the low price of tungsten products (tungsten heater) is not for it. Domestic tungsten prices would not fall so low, after all, value of tungsten products is so much more. The end of October 2015, the domestic tungsten products has been reduced to the limit since 2004. For example, APT, since the highest price point in May, decreasing amplitude of APT price is nearly 30,000 RMB / ton, which within just over a month. Off-season of tungsten market is coming, so opportunity for turning around of the market will be delayed. At present APT prices have fallen below 100,000 RMB / ton. 

If there is no intervention and bailout of policy, the market in July and August will continue to be in a bleak. 

Enterprises must be prepared for the winter. The safest methods are to lock orders and to lock the materials, if there is no order, it is better to for the time for the market. What’s more, tungsten enterprises can give proper care for old customers of the price, of course, there is no need to make allowance without any principle, or it would make both enterprises and the entire industry be in the illusion for quoting the fake price. People should hold the rational view for the low price rumors of the market. When prices do fall too fast, people should make a choice: to abandon or to do a longer stockpile preparation. Operation of manufacturers also need to integrate into the concept of “fast, and spirit, accurate,” trade-oriented enterprises, product quality is the most important in any time.