Tungsten scrap prices remain temporarily stable, the business mentality weakens

Guided by the sharp decline in influence , tungsten ore prices fell again , the market mentality into pessimism . Currently scrap tungsten market is still holding stability temporarily downstream receipt can still be active , it is still a certain volume to support the market , but by the fall in mineral prices , weakening part of the business mentality , offer slightly downward trend now . Tungsten scrap market is expected to more than short-term will continue steady, if ore prices continue to fall, the decline may be no shortage of scrap tungsten .

Tungsten scrap prices continue to safeguard stability . Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 187-190 yuan / kg, imported scrap tungsten blade 177-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 179-182 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.8-1.85 yuan / kWh , 50%
Tungsten steady overseas market is still down . 9 evening MB Rotterdam ferrotungsten offer $ 44.8-45.8 / kg tungsten , down $ 0.4-0.7 ; Hong Kong offer $ 53-55 / kg tungsten , steady . Paratungstate Europe offer $ 363-368 / t degrees , steady ; Hong Kong offer $ 367-378 / t degrees, low , dropping $ 2 . Expected short-term overseas tungsten Costco will continue weak .


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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April 10, 2014 Tungsten Market early assessment

Minmetals , etc. Since this month slashed guidance , businesses do not expect short-term outlook , cargo operators subject to cost , price Paohuo not strong turnover stalemate, tungsten ore prices are still expected shortly 1000-3000 yuan / ton the downward adjustment .

7000000000000 finalize key projects , the central stabilizing material growth projects launched ; Bank of seven departments requirements, loan growth to be higher in poor areas ; IMF World Economic Outlook : Global economic recovery gains momentum .


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

China Minmetals introduced in April 2014 guidance Scheelite

China Minmetals announced in April 2014 guidance tungsten concentrates, 65% wolframite offer for 120,000 yuan / ton, 65% scheelite quoted at 119,000 yuan / ton, compared with March were down 11.11 percent quote , 11.19%.


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

Ganzhou Tungsten Association released in April 2014 market forecast average price of tungsten

Ganzhou Tungsten Tungsten Industry Association April average market forecast: wolframite 115,000 yuan / tonne mark, APT 17.6 yuan / ton, tungsten powder 274 yuan / kg, down 2.54%, respectively, compared with March, 3.83%, 3.86% .


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

2014 has seen demand for exports of tungsten and antimony recovery momentum

Tungsten and antimony recovery in export demand has seen the momentum . Since 2011 , antimony tungsten demand continues to slump , especially overseas manufacturing downturn, tungsten , antimony consumption fell again , tungsten exports in 2012 decreased by 20% , in 2013 the amount of tungsten exports fell 21% again. Entered into in 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%. Exports of tungsten recovery momentum has emerged . See also improve the export of antimony . In 2011, exports of antimony oxides decreased 19.44% , in 2012 it dropped 3.33 percent , oxides of antimony exports in 2013 fell by 22%. In January 2014 , exports of antimony oxide is still down 13 %, but to February , the cumulative value of exports of antimony oxide on the growth of 12.49% , indicating overseas demand for antimony is also improved.

Global economic recovery , demand has picked up the potential for tungsten and antimony . 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 industry is also now signs of improvement . Experienced a downturn after two or three years , overseas demand for tungsten and antimony has the potential to rebound . Antimony tungsten industry structure is better , if demand picks up , companies will benefit. For example , tungsten is one of the advantages of resource species, in 2013 , despite the poor demand, but are still subject to the price of tungsten and tungsten concentrate Shouchu rumors Minmetals support the bulk purchase of tungsten concentrate , in the first half , the market price of tungsten concentrate with Minmetals , Ganzhou tungsten Association 's guidance and rising steadily rising . The second half of tungsten concentrate prices have adjusted to display China's tungsten industry control over the core business of the market to improve . If the market demand has been restored, can be expected to benefit from price movements in the enterprise .

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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