Large Tungsten Mine Discovered in East China

Geologists have discovered a large tungsten mine in east China's Jiangxi Province, officials said.

More than 1 million tones of tungsten and associated copper have been found at the mine in the Zhuxi mineral area of Fuliang County in the northeast part of the province, said Peng Zezhou, chief of the provincial geology and mineral resources exploration bureau.

The Ministry of Land and Resources confirmed the discovery on Wednesday on its website.

A maximum depth of 449 meters of tungsten and 30 meters of associated copper in themine has been penetrated, said Peng.

The reserve explored is in the same province as the world's largest tungsten mine,which was found in Wuning County, Jiujiang City, Jiangxi. It holds tungsten reserves totaling 1.06 million tones.

Geologists said they expect to find more tungsten at the newly-discovered mine, which could oust the mine in Wuning County as the world's largest.


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Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Ammonium Paratungstate Market (APT) On May 31,2013

Chinese  ammonium paratungstate (APT) export prices keep firm

In the recent days, ammonium paratungstate prices (APT prices) moved up slightly in the overseas market, which were at USD365-375mtu.

However, it is still under the production cost for the China  APT suppliers. Most of the APT suppliers hold offers firm and watch the market for a while.

A source from an APT factory based noted that they make offers for APT at RMB197,000-198,000t USD359-360mtu, unchanged compared with those of last week.

You can visit the following links for more information about  ammonium paratungstate prices (APT prices). Thank you very much! 

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Japanese Tungsten Market Keeps Inactive

Owing to the weak demand and the increasing tungsten products prices in China, most of the Japanese customers are inactive in making deals. The tungsten market keeps quiet in Japan this week. 

Tungsten trader based in Japan noted that the offers from Chinese suppliers increased continuously in the recent days. He said that the offers for APT are at USD385/mtu from China now, and some offers even reach around USD400/mtu. They have no intention in making deals in a short time.

The source reported that they mainly consume the rest of stocks, and even if they have to add some stocks, the trading volume will be small. As for the future market, he said that they will watch the market for a while.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:     sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com.

Ammonium Paratungstate Market (APT) On May 30,2013

China ammonium paratungstate market (APT market) remains quiet with stable prices.

As the demand from the downstream markets does not recover, most of the market participants hold wait-and-see attitudes toward the future market.

A source from an ammonium paratungstate (APT) factory  noted that they make offers for APT at RMB195,000-196,000t USD.

You can visit the following links for more information about  ammonium paratungstate prices (APT prices). Thank you very much! 

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Japanese Tungsten Market

Owing to the weak demand and the increasing tungsten products prices in China, most of the Japanese customers are inactive in making deals. The tungsten market keeps quiet in Japan this week.

A major tungsten trader based in Japan noted that they have no plan to make deals from January to June. He revealed that they mainly keep producing on the long-term orders. The source said that they receive offers for APT at USD375-385/mtu from China, and some offers are even higher. However, they only could accept the prices at USD360-370/mtu or lower.

The source expressed that although the sales volume for car increases slightly in Japan, it is unlikely for the demand for tungsten products to recover obviously in the recent several months. Looking ahead, he said that they will watch the market for a while, and do not eager to make deals.

Read more: Japanese Tungsten Market

 

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