Scheelite market demand continues to slump, tungsten prices steady weakening overall. This week at the beginning of tungsten concentrate spot market transactions are still light, tungsten concentrate cargo operators sell mentality concentrated, non-cash transaction is not, then the market liquidity is more intense, difficult to set aside large sums of money to purchase tungsten ore.

It is understood that 60-degree wolframite market has emerged 78,000 yuan / ton in the inquiry, but hold stocks very price conscious of turnover stalemate. At the same time, the downstream tungsten products unsalable, tungsten smelter funding constraints, procurement of raw materials and growing less down the inquiry, the actual transaction is still Yindie Scheelite, some small amount of fresh market transactions are low turnover, lack of business confidence market strong bearish sentiment. Ore prices are expected to decline this week or difficult to stop, ore prices below the cost of the line or risk transactions that fell to 76,000 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten ore market demand continues to decrease, the cash transaction difficulties, wealthy businessmen have ownership of tungsten, and then most of the year is approaching businesses money tight, cautious overall market operations. Short-term or continuous tungsten market is expected to run weaker.

Current demand continues to decline, supply exceeds demand, supply and demand become more prominent, dominant buyer, and continue to suppress the inquiry, to see a small amount of purchase price, resulting in market transactions continue Yindie spot mostly low cash deal. Hold stocks inventory and more high, and the current price is already very close to mainstream tungsten mine production costs, tungsten ore traders dilemma facing upside down, mine is about to challenge the cost line, holding cargo shipments will lower, but the difficult part of the forced funding The small amount of cash to take the goods.


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 City needs more sluggish market sentiment strong bearish, tungsten ore market demand continues to decrease, the year is approaching most businesses money tight, spot transactions difficult, prudent operation of the market. Ferrotungsten shelf increasing as the year draws near the downstream demand continues to slump, leading to lower prices ferrotungsten. Purchaser funding constraints, will purchase low and continue to suppress the inquiry, mostly interval low turnover, high post-market material or decreased.

This week overall ferrotungsten market demand is low, as Jiang W, Hunan, a large national ranking of these two big manufacturers resume production, increasing tungsten iron shelf, and then as the year draws near the downstream demand continues to slump, leading ferrotungsten prices continue to decline. It is understood that 70 tungsten furnace iron production concentrated in the acceptance offer 160,000 yuan / ton, the actual turnover of less than 160,000 yuan / ton; extrajudicial 70 Tungsten iron furnace mainstream tax turnover has dropped to 150,000 yuan / ton .

According to incomplete statistics, tungsten, iron production this year is expected to be around 4,000 tons, down 410 tons of existing inventory. 2014 W iron smelters mostly home-to-order, not the order to suspend break, a small amount of inventory control.


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