It is said that more tungsten will be needed by next year, even as tungsten demand rises steadily at present, the world’s largest non-Chinese tungsten mine will be exhausted then. There is a prediction by analysts that investors should be lining up to fund new mines, not a bit of it.

In this case, a supply shortage could mean much higher prices, leading to handsome profits for those companies that get to market soonest. Actually, tungsten is often called as “rare”, but compared to a minor metal such as rhenium, which is used in super alloys, tungsten market is already around 80,000 tons (80 Kt) per year of tungsten metal content. Therefore, though it may be called “rare” sometimes, however, it is considered as a strategic metal, but not like a rare earth.

 

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
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Tungsten market: recent tungsten market continued smooth operation, tight liquidity, traders were caught, difficult to operate. The current market sentiment continued strong, thinly traded. Due to the recent tungsten concentrate prices relatively stable, the price adjustment is not strong powder businesses, offer significantly narrowed the gap, the current majority holding steady on the sidelines. Paratungstate stable market as a whole, the price is relatively strong, in general. APT multi-order manufacturers to set production and sales, partially started production line, strict inventory control, short-term maintenance of stability-oriented material.

This week paratungstate stable market as a whole, the price is relatively strong, in general. Paratungstate multi-order manufacturers to set production and sales, partially started production line, strict inventory control, acceptance offer strong at 170,000 yuan / ton in the vicinity, but tight liquidity, manufacturers in order to return the funds, cash transaction prices continued at low price, currently 164,000 yuan / ton to cash transactions, with little change last month.

Short-term market or ammonium paratungstate steady consolidation run up weak, fell sharply and blocked. On the one hand, the market continued oversupply and weak demand, downward pressure on prices, paratungstate prices weak. On the other hand, mining tightened, raw tungsten concentrate prices are relatively strong, ammonium paratungstate bit higher production costs, higher support costs, and the prices fell sharply blocked; coupled with tight liquidity in the market, prices pulled acceptances, cash and promissory larger spread market price range of high cut blocked.


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: the market running smoothly, Scheelite, a tungsten iron, powder and other manufacturers outside offer are unchanged. Market demand continues to slump, cautious businesses operate, but with the mining requirements more stringent, businesses still have some of the long-term market expectations. Tungsten steel scrap market running smoothly, some buyers will strong lower prices, but the market is tight resources, cargo operators No price plans. Tungsten scrap material relatively good business mentality is expected no significant short-term market fluctuations.

Currently tungsten concentrate prices remained stable and strong, spent more than 70 degrees tungsten grinding material transaction price is still concentrated in the vicinity of 1.8 yuan / kWh, some buyers strong willingness to lower prices, but the market is tight resources, cargo operators no price plans. Tungsten scrap material relatively good business mentality is expected no significant short-term market fluctuations.

Tungsten steel scrap market running smoothly. Currently scrap tungsten drill not included in the trading price of 187-189 yuan mainstream focus / kg, domestic waste tungsten blade 168-170 yuan / kg, imported blade 178-181 yuan / kg, scrap wire drawing dies 179-181 yuan / kg, steady . The market is still some demand for support, businesses price adjustment is not strong.


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: Despite the relatively low intensity tungsten mining, mining continued to be reluctant to sell, but the downstream consumption remained weak, tungsten concentrate price increase fatigue. Tungsten ore prices expected to post or to stabilize, or even slightly lower steady possible. Due to continued weak market demand, combined with the summer holidays approaching, tungsten, iron smelters stopped production increased equipment maintenance.

Tungsten products market running smoothly. The current mainstream market trading price of tungsten powder is still concentrated in the 261-263 yuan / kg, native tungsten concentrate in 259-261 yuan / kg, low-cost resources to further reduce the high quote still exists, but little difference between the transaction price. Tungsten concentrate prices stabilized, powder merchant power weakens the price adjustment, the majority holding steady on the sidelines.

Mainstream tungsten steel market price is still concentrated in about 290 yuan / kg, between high-purity tungsten 320 yuan / kg, tungsten wire 415-455 yuan / kg, tungsten rod 355-380 yuan / kg. Manufactures spot market limited resources, relatively low power price adjustment businesses, steady watching the majority, so the market is relatively stable. Short-term market is expected to continue to remain stable tungsten products.


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 suspension of the application of Jiangxi Tungsten mining, mining reluctant sellers emotional thicker, ore procurement more difficult, increasing the cost of production of tungsten iron, ore smelters home forcing raise the purchase price, but demand continues to slump, tungsten, iron manufacturers enthusiasm low price or have slipped late risk. Tungsten ore traders procurement difficulties, funds set to die, operating dilemma sentiment doctrinal. Or mainstream tungsten concentrate prices are expected to stabilize this week, trading volume is still hard to have a breakthrough.

Tungsten grinding waste materials above 70 degrees transaction price is still concentrated in the vicinity of 1.8 yuan / kWh, some buyers lower prices will strong, but the market is tight resources, cargo operators No price plans. Currently tungsten concentrate prices remained stable and strong, scrap tungsten material relatively good business mentality, expected no significant short-term market fluctuations.

Tungsten steel scrap market running smoothly. Currently waste tungsten drill not included in the trading price of 187-189 yuan mainstream focus / kg, domestic waste tungsten blade 168-170 yuan / kg, imported blade 178-181 yuan / kg, scrap wire drawing dies 179-181 yuan / kg, steady . The market is still some demand for support, businesses price adjustment is not strong.

Tungsten steady overseas market is still up. 20 evening MB ferrotungsten Rotterdam quote 42.5-43.3 USD / kg tungsten, shifting $ 0.2 on low; paratungstate Europe offer $ 370-382 / t degrees quotation 365-370 U.S. dollars / ton level, transient stability. Expected short-term overseas tungsten Costco will continue to trend up trend.


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 prices steady, spot turnover remained light, due to funding constraints and businesses eager to cash. Hold cargo shipping business has increased the enthusiasm, tungsten concentrate volume increased slightly, but the transaction price and the market price of the mainstream almost no change in prices of scrap tungsten businesses also weakens the will, desire to stockpile some businesses also temporarily postpone purchases plan, and then wait for the market to operate changes, now mostly held steady on the sidelines. Expected to run short-term or continuing maintenance of stability.