Tungsten City market is still holding stability, mine was normal shipments

Tungsten City market is still holding stability , the current performance of normal mining ship , the downstream demand and brokers are purchasing, but buyers and sellers of different psychological level , resulting in an overall poor turnover , expected short-term tungsten market is still a lack of sufficient demand to support the price upward weakness .

Macro level, in April the central bank foreign exchange increased only 84.5 billion , out of about 50 billion hot money ; non-manufacturing activity continued to improve the economy , and further optimize the structure ; Germany May inflation rate fell to its lowest point in nearly four years .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten City temporarily holding stability operation, molybdenum market in a weak state consolidation

Summary sentence : Tungsten City temporarily holding stability operation, buyers and sellers in the price remained deadlocked ; subdued trading . Molybdenum domestic commodity markets in a weak state of consolidation , multiple participants stay on the sidelines , less bulk turnover phenomenon .

Tungsten market : Tungsten City temporarily holding stability operation, quiet market performance , in terms of price remained a stalemate between buyers and sellers , subdued trading . Mine shipped normal tungsten demand procurement purchases are expected to short-term needs of the tungsten market is still a lack of support , upstream weakness.

Read more: Tungsten City temporarily holding stability operation, molybdenum market in a weak state...

Within three years of the world's tungsten production growth rate of 3.8%

During 2010-2011, the world's tungsten production is rising, about 10 million tons per year. However, in 2012 , the annual decline , it grew by 1.2% , more than 830,000 tons . In the same year , China took the lead in the world market in the production of tungsten , the tungsten accounted for 75 % of the world total production. As of 2012 , the five largest tungsten producers ( China , the United States , Russia, Canada and Austria ) together produced about 780,000 tons ( 94% of the world total ) . World tungsten production is expected at 3.8 % annual growth rate to 2017 to reach 100,100 tons . China is expected in terms of production and exports of tungsten will maintain its leading position.

Dentonia Resources , Brazil Tungsten Holdings Limited , Geodex Minerals , A & IR Mining Corporation, Jiangxi Rare Metals Tungsten Holding Group , Wolfram Company CJSC, Shanghai Metals Company and Hunan Nonferrous Metals Corporation is the strongest competition in the global tungsten market by one .

As to the underlying analysis and forecast of the world , regional and national tungsten market research study may themes : research and consulting businesses find writing " Tungsten Market Review and 2014 Outlook" , and was recently published by Market Report published presents a profound insight into the current situation and historical background of the tungsten market ; provide a forecast of future industry ; allow access to the display tungsten capacity, production , demand for cutting-edge trends in the data ; reveal statistics of exports and imports , and recent local price fluctuations.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Tungsten city or slightly active short-run stability maintenance

Tungsten market : Tungsten city slightly active, tungsten ore , APT, tungsten, iron and other products fared slightly better , there is a certain transaction . However , tungsten powder, tungsten and other products due to weak procurement market downturn , although manufacturers attempt to raise the offer, but little inquiry , the actual cost price is still weak. City or early June is expected to be short-term maintenance of stability of tungsten run .


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

Asian markets ferrotungsten tight supply market was stable in Europe ferrotungsten wait

Vietnam affected by the recent political unrest and anti- riot affected , major local manufacturers in Vietnam ferrotungsten Yang Star Tungsten (Vietnam Youngsun Tungsten) announced on Friday , taking into account the safety of factory workers in China will be suspended tungsten iron production . Affected by the mainstream of Chinese ferro-tungsten export prices surged nearly $ 1.00 / kg tungsten , Monday hovering around $ 42.00-43.00 / kg tungsten Rotterdam to shore , while the plant is shut down may result in late supply, and therefore the supply of goods held in China in Europe reluctant to less than $ 43.00 / kg tungsten price to pay to ship Rotterdam warehouse . Sino-Vietnamese border smuggling ferrotungsten large , but because of political tension , has been tightened in recent weeks , so smuggling ferrotungsten supply the European market decline.

Despite the gradually increasing pressure on the supply side , but this week the European ferro-tungsten prices continue to decline , on Monday evening news that a large European consumer business to 41.50 U.S. dollars / kg, the price of tungsten contraband sent to purchase a truck of the product , compared to prices earlier this month fell nearly $ 2.00 / kg tungsten.

Central Europe , a large tungsten iron traders said on Monday evening that he consumer business to $ 41.50 / kg tungsten prices contraband sent to purchase a truck ferrotungsten shocked his expected price is $ 42.50 / kg tungsten contraband sent to , and deal price far below that level.

The source said on Thursday morning , he received a major Chinese manufacturer of tungsten iron- tungsten iron on a counter offer for $ 42.80 / kg tungsten Rotterdam to shore , June delivery, while Vietnam announced shutting down the male star Tungsten Industry after the plan Friday morning prices surged to $ 43.50 / kg tungsten Rotterdam to shore.

He also said that China Ferrotungsten another supplier in Europe, there are several cabinet ferrotungsten stock quotes at $ 43.00 Monday / kg tungsten Rotterdam warehouse delivery .

Europe and many other markets ferrotungsten traders who hold the same view , especially in the more affected by political unrest , under tungsten iron supply in Asia continued tense situation, he was spending the afternoon on Monday to $ 41.50 Manufacturer / kg tungsten contraband sent to cheap deal surprised.

The source said that last week he received a Chinese supplier quotes as low as U.S. $ 41.00-41.50 / kg tungsten Rotterdam to the shore , and even some vendors told him that the next few weeks the purchase price may be as low as $ 40.50 / kg tungsten Rotterdam warehouse delivery . But he said Yang Star Tungsten announced plans to shut down the impact on the market , offer changes happen soon , very difficult to get clear on Monday he quoted vendors.


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

 

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