Tungsten market: major institutions guided just introduced this month, market sentiment is still strong, the actual turnover less; as demand continued to slump, while ferrotungsten stock has adequate supply and demand once again highlights, tungsten iron manufacturers take the hard goods, foreign manufacturers Quote difficult firm. And with Jiang W, Minmetals, Ganzhou tungsten tripartite co quoted sharply lower, tungsten market outlook is not expected, tungsten quotes are slightly lower, lower price, more upside.

Tungsten market: two days tungsten prices steady weakening city, watching the market sentiment strong, difficult to deal with the recent raw material prices stabilized stabilized tungsten concentrates, smelter major sustain long-term customers, so prices temporarily stabilized sodium tungstate and sodium tungstate smelter home less enthusiasm for production, the market started low. Inquiry tungsten ore rose slightly, other tungsten products offer still slightly lower, expected in January tungsten City or low consolidation based.

Because demand continues to slump, while ferrotungsten stock has adequate supply and demand once again highlights, tungsten iron manufacturers take the goods difficult, manufacturers offer external hard firm. 70 base tungsten iron furnace production has fallen below 150,000 yuan quotes / ton; centralized transaction even 14 yuan / ton from top to bottom, 70 extra-base furnace iron production of tungsten has already fallen below 140,000 yuan / ton; 80A ferrotungsten offer relatively strong, mainstream 160,000 yuan / ton down.

It is understood that a small holiday last month, almost no turnover, some manufacturers also take no more than 10 tons of goods, some manufacturers do export trade, before the Christmas holiday last month because of a slight increase in turnover fall stocking.


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 recent tungsten concentrate raw material prices stabilized stabilized, smelter major sustain long-term customers, so prices temporarily stabilized sodium tungstate and sodium tungstate smelter home less enthusiasm for production, the market started low. It is understood that 96% of sodium tungstate quoted in 10.4 -10.7 yuan / ton, turnover concentrated in the low range; 98% sodium tungstate quoted in 10.8-11 yuan / ton, the market demand for very few manufacturers take the goods difficult.

As downstream demand remained low powder, and the powder smelter home plan around January 20 will come shutdowns, resulting in APT goods manufacturers greater difficulty walking, manufacturers reduced enthusiasm, mainly in the old orders, signed a new single hard. APT market prices lower again this week, quoted in the mainstream 12.6-13.2 yuan / ton, but the actual transaction more in the 125,000 yuan / ton, or even lower, manufacturers have faced difficulties upside down, according to research to understand the cost of production of APT in now 12.6-12.7 yuan / ton.

Analysts believe that prices continue down this week APT main reasons: ① raw materials continued weak market conditions; ② downstream market demand continues to weaken; enough ③APT stock market, oversupply; ④ Pan Asia yet to see procurement action. Ganzhou Tungsten APT Association January 2015 forecast average price of 133,000 yuan / ton, compared to last month, down 10,000 yuan / ton, down widening.


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