Tungsten Market Continues To Be in A Weakness

Domestic economy continues to slump, and the actual demand of tungsten market is still weak, so that tungsten concentrate prices fell again this week, mainly reflected in the price of white tungsten concentrate, black tungsten concentrate is slightly strong for it is rare and the grocers are reluctant to sell out. At present, a lot of tungsten market participants are negative to the late market, and hold the attitude of wait-and-see. It is expected that tungsten concentrate will still be weak in a short term.

Recently, tungsten market deal focus on white tungsten concentrate, not black tungsten concentrate. It is reported that the quotation of white tungsten concentrate from purchaser is 100000 yuan/ton for cash, 101000 yuan/ton in a half month. Foreign offer from grocers is 103000 yuan/ton, buyers and sellers are in a stalemate. As we have learned that  dealing price of white tungsten concentrate is cash 101000 yuan/ton.

 

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

 

Sellers And Buyers of Tungsten Concentrate Are in A Stalemate

The grocers of Tungsten concentrate are reluctant to sell out, and the purchasers force prices down so that the sellers and buyers are in a stalemate, there is less and less dealing and demand, market participants don't have good expectations to the market of tungsten. Although the price of raw materials of tungsten concentrate has declined in a recent, the price of tungsten concentrate is still low basically, but has the possibility of rising. it is expected that the market will be weak in the short term.

Tungsten belongs to rare small metal, and the global reserves is limited, and China have a strict limit for the exploitation of tungsten concentrate and production quotas. all these conditions is not only beneficial to the healthy development of mining enterprises , but also help to expand tungsten resource reserve of the leading mining enterprises in China. 
 
 
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

 

The Market of Waste Tungsten Is Relatively Strong, But Waste Tungsten Material Is Weak

The market of Tungsten steel is relatively strong. the price excluding tax of waste tungsten drill is about 189-190 yuan/kg, and waste tungsten blades is 168.5-170 yuan/kg in the domestic,  import waste tungsten blades and waste wire drawing is still between 178-180 yuan/kg, which means the market is still stable. Recently, the market of waste tungsten steel have a certain demand, and the merchants believe that the price of it will not fall in the short term. 

Waste tungsten material prices is slightly weak. The price of grinding material W in 30 to 40 degrees is 1.45 1.5 yuan/degree, and the price of 50-70 degree is from 1.55 yuan/degree to 1.65 yuan/degrees, and over 70 degrees is from 1.65 to 1.71 yuan/degree, which means that the market of it is still stable. the market of Tungsten concentrate stop falling. But the businessmen's attitude is negtative at the end of this month, combined with the fund pressure is increasing, the price is still falling next week, and the market will be stable in the short term. 

 

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

 

 

"The Golden Sep" Will No Longer Be Valuable

Downstream demand for tungsten is not prosperous, market participant's confidence is further weakening. without much direction for the later market, some grocers think tungsten market will recover in Sep or Oct, and they tend to wait and see. however, some merchants think that without the support of effective  demand, the market of tungsten is not good on the whole.  Department stores that tungsten market overall is bad this year, and "The gold Sep"  will no longer be valuable, then the market confidence will become weaker, the price also  will carry the risk of falling, so tight sector businessmen prefer to decrease the deal, test the market, and reduce the risk in small quantities.
 
It is reported that the price of black tungsten concentrate is near 103000 yuan/ton, white tungsten concentration is near 101000 yuan/ton, the buyer continues to lower the price and the seller is reluctant to sell out. It is expected that the market of tungsten will be stale in the recent.
 
 
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

 

The Brief Comment for Tungsten Market In August, 2014

Tungsten trading atmosphere IS cold and cheerless in the domestic,  and the market of tungsten chemical is still weakening. Other varieties of products stop falling and begin stabilizing, with the attitude of wait and see, merchants wait for the coming of gold Sep. Overseas tungsten iron price continues to fall, the downstream demand is still low , and it is expected that tungsten market at home and abroad will be in the stability in the short term.
 
In the macro aspect,China and Mongolia have signed 26 files including railway transit transport. the initial value of HSBC close to from the line, a new low for 3 months. The international gold prices fell below $1300/ounce, the lowest level in two months.
 
 
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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