Ganzhou Tungsten Association yesterday, Minmetals, Jiangxi Tungsten three bodies have been released in July guidance, institutions are guided crash, closer to the actual market price, expected to be affected, or is about to usher in a wave of tungsten market downward correction of the stock market.

China Minmetals tungsten concentrate guidance issued in July. Now 65% of wolframite offer for 72,000 yuan / tonne mark, 65% scheelite quoted at 71,000 yuan / standard ton, compared with June guidance prices down 9,000 yuan / ton. Ganzhou Tungsten Industry Association issued in July forecast average price of tungsten market. Among them, wolframite 7.2 yuan / ton, compared with June, down 9,000 yuan / ton, APT was 112,000 yuan / ton, compared with June down 11,000 yuan / ton, the particles of tungsten powder is 192 yuan / kg, compared with June down 8 yuan / kg.


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

Ganzhou Tungsten Association yesterday, Minmetals, Jiangxi Tungsten three bodies have been released in July guidance, institutions are guided crash, closer to the actual market price, expected to be affected, or is about to usher in a wave of tungsten market downward correction of the stock market.

Macro level, the Ministry of Finance: the implementation of the proactive fiscal policy, the second half would be appropriate to expand the deficit; the Greek bailout referendum rejected international retreat Europe fear caused risky assets to fall; the US economy in the second half or modestly higher.


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 market: tungsten market continues deserted run, end demand downturn, tungsten concentrate spot market volume was light, the two sides continued stalemate on the issue price. Since tungsten businesses generally bearish outlook, the price is more inclined to tungsten concentrate buyer, resulting in lower tungsten concentrate has continued to edge lower, today mainstream tungsten products prices temporarily vulnerable stability maintenance, most of the market this week is expected to circulate 50-55 degrees fine scheelite or concentrate ore prices in 6.6-6.8 yuan / ton.

Molybdenum market: domestic and molybdenum market remains in the doldrums, the domestic molybdenum prices often decline in the price down no bottom line. Molybdenum concentrate, ferromolybdenum prices diving, panic intensified. Next week molybdenum market continues to remain low.

Tungsten deserted city continues to run, end demand downturn, today's mainstream tungsten products prices temporarily vulnerable stability maintenance, most of the market this week is expected to circulate 50-55 degrees scheelite price or concentrated in 6.6-6.8 yuan / ton.

Macro level, institutions predict that GDP growth in the second quarter, less than 7% rise is expected to stabilize in the second half, the overall judgment, the third quarter GDP growth should be around 7% over the second quarter, a slight rise of about 0.2 percentage points.


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 market: With the tungsten market gradually into the traditional off-season in July and August, businesses operating enthusiasm low, overall demand is low, turnover focused on low prices, smelter stopped production intensifies, traders operating cautious. Sodium tungstate low market demand, smelters family has been by a single production, strict inventory control, production enthusiasm is low, price, lack of motivation. More bearish outlook tungsten, tungsten-based products at low prices attempt plate steady, but there are varying degrees of risk was down late feed of.
 
Molybdenum market: domestic and molybdenum markets are facing shrinking demand situation, market transactions deserted, short-term mutual containment and dragged inside and outside. The latter part of the domestic development of the market will be filled with the crisis, although the mills tender, but can not withstand the overall decline, dropping again likely.

Downstream alloy powder manufacturers and manufacturers do not have much need for APT procurement, along with tungsten market gradually into the traditional off-season in July and August, businesses operating enthusiasm low, bearish market sentiment strong. It is understood, APT cash price concentrated in the 11.1-11.3 yuan / ton, offer a low cost of support continues to plumb blocked, but the market is to reduce the high offer, the current redemption price foreign manufacturers focused on the 11.4-11.5 yuan / ton, has no 11.6-11.7 yuan / ton in the offer. Expected, APT market price has dropped nearly at the bottom, the latter continued to decline limited space, material July APT prices mainstream or concentrated in 11-11.4 yuan / ton.

Sodium tungstate low market demand, smelters family has been by a single production, strict inventory control, production enthusiasm is low, price, lack of motivation. Compared to other species, the fall of sodium tungstate is lagging behind the recent smelter home outside offer is only down 500-1000 yuan / ton, 96% sodium tungstate Quotations focused on the 9.5-9.6 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

With the tungsten market gradually into the traditional off-season in July and August, the overall demand for tungsten market downturn, turnover focused on low prices, smelter stopped production intensifies, traders operating cautious, more bearish outlook tungsten, tungsten-based products at low prices attempt to stabilize the disc, but there are different degrees of risk was down late material.

Macro level, institutions predict that total investment in June continued to decelerate, many provinces deploy stable investment; investment and financing 700 000 000 000 CITIC help "along the way" strategy; local integration to accelerate the disposal of state-owned assets.


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 market: tungsten downstream demand continues to slump, tungsten-based products do not sell on price, tungsten ore raw material procurement side continued down the inquiry, to avoid upside down and get small profit, the tug of war buyers and sellers prefer buyer price, spot price constantly Yindie expected short-term ore price stability maintenance or vulnerable, but low or slightly dropping. Overseas APT quotation rebound, latest MB British Metal Bulletin latest offer in a high increase of $ 10 paratungstate Europe 215-230 up $ 5 / metric ton. Short-term domestic APT price or stabilization.

Molybdenum market: domestic and foreign market performance deadlocked, the price falling risks remain. Although steel procurement ferromolybdenum market, it is difficult to drive the market enthusiasm, turnover is not ideal, the weak downstream demand has not improved, the market outlook bearish; molybdenum chemicals market is facing money withdrawn from circulation more difficult, more consumption of inventory-based. Difficult short-term market is expected to turn for the better, the decline difficult to cut.

Overseas APT quotation rebound, latest MB British Metal Bulletin latest offer in a high increase of $ 10 paratungstate Europe 215-230 up $ 5 / metric ton. At the same time, continued to decline ferrotungsten Rotterdam, offer a high level dropped to $ 28.6 / kg, overseas tungsten iron prices fell below $ 29 overall, the market has no price $ 29. After the expected impact of overseas markets, short-term stabilization of the domestic price or the APT, tungsten, iron fell slightly.

Tungsten concentrate buyers and sellers continued stalemate on the price, but because businesses generally bearish outlook tungsten, tungsten concentrate price is more inclined to the buyer, 50 degrees scheelite cash price has been as low as 67,000, and the buyer is still tentative inquiry of the decline in the latter part of the ore price still was down risk.


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 downstream demand continues to slump, tungsten-based products do not sell on price, tungsten ore raw material procurement side continued down the inquiry, to avoid upside down and get small profit, the buyers and sellers in the transaction price is more interested tug buyer, the spot price continues Yindie expected short-term ore price stability maintenance or vulnerable, but low or slightly dropping.

Macro, June manufacturing PMI final value is less than expected, interest rates drop quasi space continues; Guangzhou in the first half GDP growth of nearly 8%, the economy is generally stable; the World Bank expects China's economic growth this year of 7.1%.


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