ST Tungsten:Tungsten Concentrate Prices Will Drag Performance

 
 

Tungsten high-tech (000657)  Yuehua Wen general manager pointed out that the rapid decline of tungsten concentrate adversely affect performance of the company would.

Tungsten concentrate prices have remained relatively stable most conducive to the company's normal operations. If kept at 105,000 yuan per ton tungsten concentrates performance of the company will remain in the normal range.


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Mainstream Market Running Smoothly Tungsten,Tungsten Downstream Products Due to Continued Weak Demand And Weaker

 
 

Mainstream market running smoothly tungsten, tungsten downstream products due to continued weak demand and weaker, raw tungsten concentrate by mining, cargo operators reluctant to sell to raise prices, resulting in recent days despite the price range of tungsten ore little change, but the transaction price slightly upward , feed ore prices are expected to remain firm this week, steady.

Macro level, SCS cloth energy saving low-carbon action plan, resource tax ad valorem; ministries strengthen energy and carbon intensity target responsibility assessment; several investment banks "changed to" turn the RMB exchange rate is expected to depreciate by the liter.


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Raw tungsten ore prices firm highly tight scrap tungsten material resources

Cargo operators reluctant to sell due to the recent raw tungsten ore prices firm in a slight rise. Height scrap tungsten material resources tight , turnover is relatively good. Powder products demand continues to slump, the overall market was constantly falling trend. Tungsten mainstream market is expected to short-term market steady run .

Macro level, HSBC China May PMI hit a five-month high , new orders rose to above 50 ; Sichuan province billion investment in water conservancy construction , Sichuan enterprises or will usher in opportunity ; RMB exchange rate depreciation for the year to increase over 3%.

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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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten City Mainstream Smooth Operation,External Molybdenum Products Market Rebound Again

 
 

Summary Sentence: Tungsten market mainstream products due to the smooth operation of the downstream demand remained weak and weaker, raw tungsten concentrate by mining, cargo operators reluctant sellers shill cause recently traded price of tungsten ore mine slightly upstream material prices are expected to remain firm this week smooth; external molybdenum products market rebound again significantly boost the role of investors, domestic molybdenum product prices generally stable, although the actual turnover of the atmosphere is poor mentality imposed Qiuwen portion of participants hold stocks of foreign cheap little reluctant to sell stocks significantly.

Tungsten Market: Tungsten market mainstream smooth running downstream tungsten products due to continued weak demand and weaker. Raw tungsten concentrate due to mining, cargo operators reluctant to sell to raise prices, leading to the recent trading price of tungsten ore slightly upward, feeding ore prices are expected to remain firm this week steady.

Molybdenum Market: External molybdenum products market rebound again, obvious boost to investors. Molybdenum prices generally stable domestic product, although the actual transaction poor atmosphere, the participants wanted stability and strong mentality. Combined with some much inventory hold stocks, foreign obviously reluctant to sell cheap. Steel is at the end of the interim recruiting, or expected short-term molybdenum market volatility is not.


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

 

Tungsten City mainstream smooth operation, turnover continued to light

Tungsten City mainstream running smoothly , because businesses continue to be reluctant to sell raw tungsten ore prices firm , and a slight rise. The height of the grinding material resources tight market , turnover is relatively good. Deep processing of tungsten powder products continued sluggish demand , falling prices of raw materials can not buy , manufacturers cut, cut increased. Expected short-term maintenance of stability of tungsten ore market or continue to run .

As the mines and cargo operators reluctant to sell mood strong, ore, tungsten concentrate purchases more difficult, prompting two days Scheelite offer a slight uplift. However , the mainstream transaction continuous light, and not much change in transaction price , shipping business is not strong , many believe that the current transaction prices are not lowered room , tungsten concentrate supply slightly nervous. Source: ASEAN Mineral Resources


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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