Tungsten Bucking Bar Price

Tungsten was to restore momentum in export demand, export price rise

Details: Category: Tungsten's News; Published on Thursday, 17 April 2014 16:16; Written by HJF; Hits: 2237

Since 2011 , tungsten demand continues to slump , especially overseas manufacturing downturn, tungsten consumption fell again , tungsten exports in 2012 decreased by 20% , in 2013 the amount of tungsten exports fell 21% again. Entered into after 2014 , the trend of decline in exports of tungsten product has ceased, and in January , tungsten exports grew 23% , to February , the total amount of tungsten exports have risen by 32%. Tungsten has seen demand for exports regain momentum , China's exports of tungsten export markets have shown signs of improvement , supplier raised the export offer.

Signs of improvement in China's export market is mainly for two reasons :

On the one hand , overseas economic track to recovery , especially in the recovery efforts in the U.S. manufacturing sector , the automotive industry and the real estate industry is still very strong, the EU also has entered the expansion phase manufacturing , real estate and automotive industries also signs of improvement now . Experienced a downturn after two or three years , overseas demand for tungsten has the potential to rebound .

On the other hand , the domestic economic growth slowing , demand continues to slump tungsten , tungsten price in 2013 was supported by Minmetals lot of purchasing and storage and upward , since 2014 , such as the delay in action Minmetals , coupled with the accumulation of tungsten concentrate inventory compared large domestic market volume was light , qualified businesses export situation more steering recovery in overseas markets .

Tungsten is the country 's dominant species , tungsten industry concentration is high, for control of the market is relatively strong, with overseas demand is also transferred , along with the export price definitely upward.

It is understood that the recent Chinese export market slightly upward , APT export prices up $ 5-10 / t degrees , Rotterdam to shore , DDP concentrated at $ 360-375 / t degrees.

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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Weak demand for tungsten market turnover stalemate

Details: Category: Tungsten's News; Published on Thursday, 17 April 2014 16:09; Written by HJF; Hits: 2259

Tungsten market : the overall demand remained weak tungsten market turnover stalemate, businesses generally tight funding , poor downstream demand and raw material iron tungsten tungsten concentrate prices , buyers bearish outlook , want to wait for lower prices before purchase occurs , the current many market transactions are debts, scrap tungsten blade market demand still , there is still some transactions support , drill and drawing die poor turnover , especially temporary waste tungsten tool relatively strong performance is more obvious than the debts to be paid in cash high 1 -2 yuan / kg , and the longer the time of default , the higher the price, the expected short-term waste tungsten steel is stable and slightly weaker run .

Molybdenum market : market participants continue to enter the market to operate, making the venue lively atmosphere enhanced. Primary market price of molybdenum businesses very strong will , and the fluctuation of foreign quote a higher level . Although the actual transaction did not follow up , but a strong supplier of cheap sell mentality . Short-term molybdenum market is expected to remain strong side run .

Ferrotungsten quote slightly confusing, thinly traded

Details: Category: Tungsten's News; Published on Thursday, 17 April 2014 16:05; Written by HJF; Hits: 1983

This week the market downturn ferrotungsten market sentiment , turnover difficulties , offer a bit of confusion , poor downstream demand and raw material iron tungsten tungsten concentrate prices , buyers bearish outlook , want to wait for lower prices before purchase occurs , the current procurement will not big , rich atmosphere watching the market . 70 ferrotungsten price 17.5-18.3 ten thousand yuan / ton there , but the turnover is more than 18 yuan / ton , low-cost or even up to 175,000 yuan / ton.

At the same time , tungsten iron manufacturers , due to lack of positive factors to stimulate the market , vendors shipped is not smooth , the market volume was light. According to some business-to- disclose , demand is low, even down the offer, not very good deal , is slightly more than the current market transaction .

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
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Waste tungsten blades can still be traded, drill and lower mold

Details: Category: Tungsten's News; Published on Thursday, 17 April 2014 16:06; Written by HJF; Hits: 2050

Currently scrap tungsten blade market demand is acceptable , there is still some transaction support , drill and drawing die poor turnover , prices fell slightly . Tungsten scrap material weakening demand from the previous month , and trading businesses offer enthusiasm were decreased downstream demand procurement , the overall trading environment deserted. Short-term market is expected to continue steady weakening scrap tungsten trend .

Tungsten steel scrap prices steady weakening operation. Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 186-189 yuan / kg, scrap wire drawing dies 178-181 yuan / kg, were down about 1 yuan ; imported scrap tungsten blade 177-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap pure tungsten 213-221 yuan / kg, remained steady . W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.75-1.8 yuan / kWh ; 50%
Overseas tungsten market continues to decline . 16 evening MB ferrotungsten Rotterdam quote 44.7-45.6 USD / kg tungsten highs $ 0.1 . Paratungstate Europe offer $ 358-368 / t degrees , steady ; Hong Kong offer $ 365-378 / t degrees, low , dropping $ 2 . Expected short-term overseas tungsten hardly be better.

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

April 17, 2014 Tungsten Market early assessment

Details: Category: Tungsten's News; Published on Thursday, 17 April 2014 16:03; Written by HJF; Hits: 1933

Continued weakness in demand for tungsten market turnover stalemate , businesses generally tight financial transactions on the market today are mostly acceptance of payment , not much cash payments , expected short-term price of tungsten multi- city run will continue steady weakening .

Macro level, a quarter of the country 's GDP growth fell to 7.4% , a number of indicators of the real estate downturn ; over March -scale industrial added value increased by 8.8% ; before the March national fixed asset investment up 17.6 %.

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