Tungsten Carbide Price

Asian ferrotungsten tight supply European markets steady sidelines

Details: Category: Tungsten's News; Published on Thursday, 29 May 2014 17:19; Written by HJF; Hits: 1884

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, 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.

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Vietnam because of anti-Chinese tungsten industry will be an event sun star recently discontinued

Details: Category: Tungsten's News; Published on Thursday, 29 May 2014 17:11; Written by HJF; Hits: 1862

South China Sea between China and Vietnam conflicts warming , detonated Vietnam anti-Chinese movement spread to many foreign-owned factories , manufacturers almost escaped , the mob stormed the plant arson, looting broke into the dormitory property , the situation is very serious.

Due to the current social upheaval , taking into account the safety of Chinese workers and the actual operation of the plant , Vietnam Sun Star Tungsten decided to indefinitely discontinued. "At present, the domestic anti- riot intensified, we have no way of normal production , and therefore decided to suspend all production activities. Our long single transaction more than this year's , mainly in spot trading. As to when to resume production can not be determined . "One source Tungsten Vietnamese male star revealed .

The end of the first quarter of 2014 began , tungsten iron market downturn, oversupply , suppliers intense bidding , the mainstream prices have been slightly lower. Sun Star Stop tungsten iron production , coupled with the Vietnamese government to stop this year's re-export trade , export trade will go through after all the legal means to export a particular port , the total tungsten iron supply from Vietnam appears to reduce to some extent on the international market.

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May 29, 2014 paratungstate market

Details: Category: Tungsten's News; Published on Thursday, 29 May 2014 17:04; Written by HJF; Hits: 1745

At present , the domestic price of ammonium paratungstate market is still strong today , businesses were reluctant to sell significantly . Paratungstate mainstream market quotations concentrated in 16.4-16.7 yuan / ton , the actual transaction at 16.3-16.7 yuan / ton, and yesterday was essentially flat. Scheelite is more difficult due to the recent purchase , APT manufacturers offer are becoming increasingly strong, plus the current stock inventory is not high , so the information than enough , offer stability . But downstream buyers demand release slowly, and at an acceptable price and the upstream quotes are still gaps, so the actual turnover reached more than can be traded price on the 16.4-16.6 yuan / ton.

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May 29, 2014 tungsten concentrate market

Details: Category: Tungsten's News; Published on Thursday, 29 May 2014 17:06; Written by HJF; Hits: 1855

At present , the domestic tungsten concentrate market remained stable overall today , but the market price is slightly confusing, individual merchants offer up the actual volume is not. 65% of the market mainstream in wolframite 105,000 yuan / ton , the actual transaction may 10.3-10.5 yuan / ton, unchanged from yesterday's basically a small volume ; 55% quoted in the mainstream wolframite 103,000 about yuan / ton , the actual transaction at 10.1-10.3 yuan / ton, and yesterday was essentially flat. Consolidation phase at low prices , most businesses offer stable outlook is bullish because the individual businesses , to raise its offer , but the downstream buyers low acceptance . Buyers and sellers stalemate will continue.

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Ganzhou Tungsten Enterprise for The Province of Rare Minerals 5,235 Tons of Tungsten Concentrate Production Plans Mandatory

Details: Category: Tungsten's News; Published on Thursday, 29 May 2014 11:58; Hits: 1847

Recently, the Provincial Industry and Information Committee in accordance with "Notice of the Ministry of Industry and Information Technology issued in 2013 on the second batch of rare mandatory production plan" (MIIT original [2013] No. 282) requirements issued "issued in 2013 on the province rare minerals mandatory production plan (second tranche) notice ", Ganzhou tungsten 26 companies for 2013 the province's rare minerals mandatory production plan (second tranche) tungsten concentrate (fold WO₃65%) 5235 t, representing the province of tungsten concentrate (equivalent WO₃65%) 27.3% of total mandatory plans. Notification requirements, or over any business plan shall unplanned production, the municipalities and districts letter appoint progressively implement industry management responsibility, earnestly implement the relevant documents, regularly check the implementation of the plan. For unplanned, ultra planned production enterprises, to immediately ordered to stop, and to trace the source of minerals for the illegal purchase and sale of businesses will be punished according to law.

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