Tungsten market: Although most of tungsten products export quota is about to be canceled, but the current domestic tungsten price support is very limited, APT products continued sluggish sales, cash transaction prices continue to decline tentative. Home smelter operational difficulties, little enthusiasm for production, but the money was plentiful manufacturers are actively procuring low raw material tungsten concentrate, tungsten continue this week quoted slightly lower range limit.

Although the majority of tungsten export quotas next month, will soon be canceled, but the current domestic tungsten price support is limited, APT products continued poor sales, prices upside down, APT smelter operational difficulties at home, producing little enthusiasm, but the funds are better manufacturers are actively buy some low raw material tungsten concentrate. APT is expected to keep the cash transaction price or low range close range high or down, post-APT-based market or a weak stability maintenance.

According to research to understand, most manufacturers offer concentrated in the mainstream of foreign 12.4-12.5 yuan / ton (cash), 125,000 yuan / ton offer rarely heard, upper and lower limits of the relative price range last week slightly lower. Actual transactions, APT low turnover even 123,000 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Although the majority of tungsten products export quota is about to be canceled, but the current domestic tungsten price support is very limited, APT products continued sluggish sales, cash transaction prices continue to decline tentative week price range limit or continue to slightly lower.

Macro, industry profits decline narrowed in March, significantly improved profitability in some sectors; Prime continuous study of the three banks, the banking sector will force lower financing costs; start-round place to stimulate the market model.


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

A sharp rise in the tungsten rod price was greatly connected with the price of tungsten concentrate which is known as upstream raw material. Topping the industry chain, tungsten concentrate is the primitive raw material and its price changes will set up a chain of reaction in the cost and offer. 

Ministry of Finance website on April 23 news release, since May 1, 2015, China will adjust export tariffs on some products, including the elimination of export tariffs on some products and export some products to implement a zero tax rate. According to "Customs Tariff Commission of the State Council on the adjustment of export tariffs on notice", China will abolish export tariffs on steel particles, rare earths, tungsten, molybdenum and other products, the aluminum timber and other products exported zero-tax rate. Abolish export tariffs will increase the bargaining power of the export price, to a certain extent, alleviate the excess domestic supply pressure to the market to get better.


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: Most tungsten products export tariffs canceled ferrotungsten traders mentality becoming active spot market for tungsten concentrate increased inquiry, inquiry mostly low range, but cargo operators reluctant to sell sentiment enriched, Scheelite deal continued stalemate, with buyers and sellers in the game, or steady narrow ore price fluctuations. Procurement of raw materials is expected to post or increase, tungsten prices will gradually stabilized, post or a slight rebound.

Molybdenum market: the end of market trading atmosphere deserted, business mentality pessimistic, low-cost resources abound. The amount of the tender and the tender price of steel shrink again, the market is difficult to improve molybdenum iron, molybdenum concentrate pressure on the stock market is still large, expected short-term molybdenum market weak die hard.

Scheelite inquiry on the spot market increased range of inquiry are mostly low, but reluctant to sell goods holders mood enriched, Scheelite turnover continued stalemate, with buyers and sellers of the game, or steady narrow ore price fluctuations.

Macro level, the first quarter data show that agricultural production continues to improve; Chinese manufacturer recently announced 2025 plan, the Ministry of pushing six pilot areas; most of the local administrative system reform deepening hope.


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

Carbide cutting tools in China has become the main tool required processing enterprises, is widely used in the field of heavy vehicles and parts production, mold manufacturing, aerospace, etc., but our tool enterprises are blind, massive production of high-speed as well as some low-grade standard tool steel knife, did not take into account market saturation and business needs.

While China's hardware tools industry a larger scale, but due to technical innovation capability is weak, the market structure over a single, weak and other factors affecting the brand, many hardware production companies often lack the core competitiveness, it is difficult bigger and stronger. Due to the shortage of domestic carbide independent innovation, transform the face of a lack of basic market research patience, luck always have to wait and see, just waiting for other companies to develop new products, to sit back and enjoy the simple analysis, made a slight adjustment to goods, blindly follow the market, completely ignore market saturation and business needs. Tend to follow the development of this type of quick success, can only rely on other outstanding foreign companies, the loss of the development of innovative initiative.

In terms of technology updates, carbide cutting tools gradually replace high-speed steel cutting tools, in particular circular tool. Coated tools are becoming more common in Europe, with a new type of high-speed machining tool market share is growing. Dynamics of the manufacturers. From the point of view of cooperation tool manufacturer in high-tech areas of the market will be a lot of big companies powerful combination.

Tool material has entered a carbide as the representative of the development of the times, compared with the high-speed steel, carbide has better performance and higher cutting efficiency, which, together with super-hard materials, modern cutting techniques to achieve efficient processing an important guarantee. Without a good tool material, any innovation and cutting tool technology advances have lacked the necessary material basis. To solve this problem fundamentally, will involve adjustment of industry structure, with a carbide materials and tools to accelerate research and development capabilities of the production base of the building process, the rapid increase in the share of carbide cutting tools of all proportion.


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