Weekly market calm tungsten, tungsten-based mainstream market stability maintenance operation. Tungsten concentrate prices stabilize, demand continues to slump, and with this weekend's upcoming November guide price this week, or wait for more miners, traded increasingly deadlocked. Wolframite guide price is expected in November fell to 95,000 yuan or / ton down.

It is understood that this morning tungsten ore prices compared with last weekend, no major fluctuations, market liquidity is more supply 55-60 grade, and the highest 60 scheelite spot market price is 90,000 yuan / ton, most inquiries are below 90,000 yuan / ton.


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Tungsten market: although demand continues to slump, scrap tungsten market sentiment continued pessimism, holding cargo ship strong, low-cost resources on emerging markets, and the prices stabilized stabilized difficult. Tungsten concentrate prices stabilize, demand continues to slump, and with this weekend's upcoming November guide price, resulting in the recent market sentiment is strong, the mainstream price of tungsten temporarily disadvantaged maintenance of stability, this week, or wait for more miners, traded increasingly deadlocked . Expected in November tungsten Association and Minmetals guided or on the basis of October and then down.

Waste tungsten market sentiment continued pessimism, holding cargo ship strong, low-cost resources on emerging markets, and the prices stabilized stabilized difficult. Month, market funding pressures eased, miners are mostly guided the sidelines introduced in November, is expected to near scrap tungsten market or temporarily stabilized stabilized.

Tungsten scrap prices continue to decline. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 165-172 yuan / kg, imported scrap tungsten blades and drawing dies 160-164 yuan / kg, domestic waste tungsten blade 150-153 yuan / kg, down 1-3 yuan. 70 degrees above the grinding tungsten scrap material 1.55-1.6 yuan / kWh, 50-70 degrees 1.49-1.55 yuan / kWh, 30-40 degrees 1.35-1.4 yuan / kWh, weak stability.

Overseas tungsten market continues to fall. 31 MB ferrotungsten evening Rotterdam offer 37.5-38.5 US dollars / kg of tungsten, the overall decline $ 1; paratungstate Europe offer $ 325-345 / ton level, transient stability; Hong Kong offer $ 338-360 / metric ton, down $ 2 lower. Expected short-term overseas tungsten City or continue weak adjustment.


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