Tungsten market: Ganzhou tungsten Association and China Minmetals Nonferrous May tungsten concentrate offer all down, or relative last month narrowed, the overall market performance continue to cold, adequate supply, but the downstream demand downturn, the overall still pile up in excess of requirement. The price is more close to the real market, waste tungsten market is still a certain volume, wherein the blade demand is relatively good, the whole trading atmosphere can be, so the market slightly stronger. At present the market wait-and-see atmosphere thick, is expected in recent days of tungsten products prices or slightly down.

This month 'guidance price mechanism, the tungsten concentrate prices continue to weaken. Waste tungsten market is still a certain volume, wherein the blade demand is relatively good, the whole trading atmosphere can be, so the market slightly stronger. At present the market wait-and-see atmosphere thick, expected short-term waste tungsten prices more stable trend will continue.

Waste tungsten prices steady. At present, the waste tungsten bit does not tax the mainstream purchase prices concentrated in the 185-188 yuan /kg, imports of scrap tungsten blade 176-180 yuan /kg, domestic waste tungsten blade 167-170 yuan /kg, scrap wire drawing die 178-181 yuan /kg, waste pure tungsten 213-221 yuan /kg. W ≥ 70% grinding material mainstream prices concentrated in the 1.75-1.8 yuan / degree; 50% < W < 70%, 1.65-1.75 yuan / degree; 30% < W < 50%, 1.45-1.55 yuan / degree, stability.


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Today's tungsten market overall performance continued to deserted, adequate supply, but the downstream demand downturn, the overall still pile up in excess of requirement. Expected if not Shouchu force, May tungsten price will still rise asthenia, or continue to fall nearly 100000 mark.

Yesterday afternoon Minmetals Nonferrous and Ganzhou tungsten co published May guidance prices continue to decline, 65 degree black tungsten concentrate is 110000 yuan / ton, despite the decline compared with April narrowed, but still larger. According to the current understanding of the market 60 of tungsten concentrate near the 102000 yuan / ton, 65 degrees of tungsten concentrate near the 105000 yuan / ton, price guide price is still higher than the actual market price, so in the short term the actual transaction effects, but still to a certain extent on the business confidence.

Though still in the continuous production of manufacturers, but now the price will ship is not high, but the market; shippers also continue to wait and see, but with the guidance prices continue to fall, the shipment will increase, some businessmen to ship but the price is still high, clinch a deal the stalemate; buyers also continued to demand a low price, the transaction is not smooth.


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

Anhui province Ningguo City West Port tungsten tin census (sequel) project recently passed the Anhui provincial geological survey management center expert group field acceptance, quality grade is excellent. The preliminary estimate, tungsten tin ore resources volume is expected to reach medium size.

Reportedly, the project is the Anhui provincial geological prospecting special fees (funds) project, the geological survey work, undertaken by the Institute of geological survey of Anhui Bureau of Geology and mineral resources, geological team 322. The census is drilling 14 drilling work, completed 7807.21 meters, generally identified Xi Wu mouth area of tungsten and tin scale, occurrence, morphology and ore quality, has an important guiding significance for the next step prospecting area.


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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