Tungsten market demand yet to see a positive factor, but after repeated tungsten price decline has been very close to or exceed the cost, tungsten-based product late to continue down the limited space, expected short-term price of tungsten or low consolidation mainly ore price or focus 7.5-7.8 yuan / ton.

Tungsten Market demand has continued to slump, the market volume less than normal. Write the current policy of good news to support the market. Tungsten concentrate market is expected to short-term or slightly lower, but does not rule out the possibility of shock consolidation.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Carbide is called modern dental industry, very versatile, high-performance cutting tool carbide cutting tools as it is on the production of manufacturing plays an important supporting role. On the current market, carbide cutting tools for development is enormous.

It belongs carbide powder metallurgy industry, a refractory metal alloy material made of hard metal and bonding compound by powder metallurgy process. Carbide has high hardness, wear resistance, strength and toughness, heat resistance, corrosion resistance and a series of excellent performance, especially its high hardness and wear resistance as the most important purpose.

Carbide tools cover a wide range, can be used as tool material, such as turning, milling, planing, etc., for cutting cast iron, nonferrous metals, glass, stone and ordinary steel can also be used to cut heat-resistant steel, stainless steel, high material difficult to process steel, tool steel. New carbide cutting tools are equal to the carbon steel hundreds of times.

Our world, cemented carbide industry started relatively late. China's abundant resources of tungsten carbide material basis of the largest industrial development, the main use of tungsten carbide resource fields. However, we should clearly recognize that the development of carbide is still a long way to go. The dependence of carbide cutting tools for the high-end imported products is very high, our carbide products are mainly concentrated in the material and the low-end products, high-carbide tool development space is very large.

As a modern super-hard carbide cutting tools and high-end segments of the market to become mainstream, aerospace, military equipment, deep-sea fishing and other needs, its huge space for development. China wants to become a world power Carbide must rely on scientific and technological progress and has involved high-carbide tool market.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: As the market continues to slightly weaker raw material tungsten concentrate, combined with weak end demand tungsten, tungsten downstream deep-processing products have order prices fell slightly, raw tungsten carbide low prices has dropped 190 yuan / kg, the latter expected actual turnover price fell to 190 or less. Wolframite 86,000 yuan / tonne mark, APT13.3 yuan / ton, the particles 215 yuan / kg. Weak market conditions difficult to improve or continue to run low.

As the market continues to slightly weaker raw material tungsten concentrate, combined with weak end demand tungsten, tungsten downstream deep-processing products have a slight decline in the price of orders is expected in June tungsten rods and other deep-processed products or tired and fell 10 yuan / kg.

Macro, May economic data pick up, experts predict or stabilize the economy in the third quarter; 9 the first bank certificates of deposit issued on the 15th, the highest interest rates go up 40%; green taxes will be introduced brewing for nearly a decade.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: With the publication of guidance, powder prices fell again frustrated tungsten business confidence, enthusiasm weaker operating tungsten concentrate smelter stopped production increase, scrap tungsten steel traders wait and see, so ferrotungsten manufacturers offer a substantial reduction, profits shrink, scrap tungsten steel prices fell again, the spot market transactions better than last weekend, bar, CNC blade, milling and other markets is still some demand, it is expected to scrap tungsten steel prices sharply lower blocked, or remain relatively stable in the short term .

With the guidance of the announcement, powder prices fell, scrap tungsten steel market prices fell again, the spot market transactions better than last weekend, bar, CNC blade, milling and other markets is still some demand, scrap tungsten steel traders wait so ferrotungsten manufacturers offer a substantial reduction, profit contraction. Tungsten steel scrap prices are expected to decline blocked, or vulnerable in the short term maintenance of stability.

Macro level, China again after a lapse of nearly 20 years of housing reform: Corrects re-market light protection; 2025 follow-up policy in China will fall, including tax support and so on; the second batch of local government bonds trillion displacement amount issued.


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As a producer of tungsten carbide tools raw materials prices continued to fall. As an intermediate raw material price index of ammonium paratungstate (APT) the current price of around $ 230 per 10 kilograms, and its recent peak in early 2015 it fell by 25% compared to. The reason is that China and the United States demand growth is weak.

In China, iron ore and other resource prices fell, mining-related demand growth is weak. He said, "The Chinese government this year has yet to tungsten implementation of the national purchasing and storage."

Tungsten is widely used in auto parts processing tools and tunneling equipment and other super-hard tools. In the United States, from the second half of 2014, crude oil prices were low, demand shale gas related tools declined.

In Europe and Japan, although the automotive sector centered tungsten demand held firm, but "due to the bearish market, many companies no longer increase in inventory." Although mainly grown in China, but is expected early in the year the UK will also start production of tungsten. With the increase in the supply of tungsten prices could fall further.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: With the guidance lower, tungsten market demand remained weak, the market sentiment strong bearish, tungsten smelters were forced to offer lower again, native low tungsten prices have dropped 190 yuan / kg, expected late actual transaction or fell to 190 or less. Wolframite 86,000 yuan / tonne mark, APT13.3 yuan / ton, the particles 215 yuan / kg. Weak market conditions difficult to improve or continue to run low.

With the guidance lower, tungsten market demand remained weak, the market sentiment strong bearish, tungsten smelters were forced to offer lower again, native low tungsten prices have fallen to 190 yuan / kg, the actual transaction is expected to tungsten carbide or late fall 190 or less.

Macro, May CPI fell out of the loose space, in June to cut interest rates drop quasi expected warming; environmental Thirteen Five Plan steering dual objectives, investment is expected to exceed 17 trillion; relaxing fund the purchase of first-tier cities.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Yesterday, the provincial Department of Finance, Provincial Development and Reform Commission jointly issued "on the clean-up of rare earth tungsten and molybdenum related issue of fund fees notice", according to the Ministry of Finance, the National Development and Reform Commission and the relevant regulations, submitted to the provincial government agreed, deciding to Su province involving rare earths, tungsten Mo fund charges a comprehensive clean-up.

The circular clearly, since May 1, 2015, a unified province rare earth, tungsten, molybdenum mineral resources compensation rates to zero, stopping the collection of rare earth, tungsten, molybdenum price adjustment fund. According to the principle of charging the Fund for approval, administrative fees implement the central and provincial levels and approval system, the implementation of government funds at the central level approval system, where the violation fee fund approval regulations, unauthorized introduction of duplication and can not meet the economic and social development and taxation System requirements fee fund projects to be canceled. Fees for the central fund established in accordance with the relevant policies and regulations must be strictly implemented, will be allowed to expand the scope of the collection, improve collection standards or otherwise subject to any fees. Cancel or stop collecting after involving rare earths, tungsten, molybdenum, the fees the fund, the relevant departments to perform their normal duties requirements, shall be guaranteed by the corresponding financial arrangements for funding by the general public budget.


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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