Mainstream tungsten price dropping slowly, waiting to see a strong atmosphere

Tungsten market : With lowered guidance , some tungsten concentrate and hold stocks cheap Paohuo panic outlook , slightly better spot market transactions , the transaction price Tandi , tungsten, iron firmer market price , the key is strict factory ferrotungsten inventory control , remained after the original offer guidance announcement. But fewer actual transaction list, demand for light , tungsten products business mentality has further weakened the low transaction price closer to the current market operations enthusiasm generally low , waiting to see atmosphere, is expected to slow steady this week, dropping the mainstream price of tungsten .

Molybdenum market : Due to differences in internal and external demand conditions , the molybdenum market in Europe continued to maintain rapid growth , while domestic molybdenum product prices stalled. While existing businesses intentionally quite city , not the state of mind of Foreign kept low , but demand is difficult to give support , high turnover blocked. Molybdenum market or expected short-term stability maintenance operation.

Read more: Mainstream tungsten price dropping slowly, waiting to see a strong atmosphere

European Commission Initiative specification raw materials trade in conflict areas

European Commission announced that the EU High Representative for Foreign Affairs Catherine Ashton and Trade Commissioner De Gucht joint proposal to require EU countries agreed to stop profiting from raw materials trade financing conflict. The purpose of this proposal is to prevent or reduce areas of conflict or high- risk areas by armed groups in the raw materials trade to support its armed actors , the EU requires companies to adopt a responsible attitude and get tin , tantalum, tungsten, gold and other raw materials through legal channels .

The proposal also put forward a series of recommendations to promote European companies support the norm : For manufacturers phones , copiers , computers, etc. containing tin , tantalum, tungsten and other metals to give incentives through government procurement ; take a responsible approach to obtain raw materials from conflict areas the company gives public recognition ; through policy dialogue and diplomatic ways to cooperate with the national mining, processing and consumption in order to get more countries involved in irregularities ; implementation of development cooperation with the countries concerned ; member governments through their policies support.


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
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten products traded price trend lower, poor business mentality

Since Minmetals and tungsten Association April guidance slashed , leading tungsten concentrate and consequent decline in the market price of tungsten chemicals , tungsten products business mentality has further weakened the low transaction price closer to the current market operations enthusiasm is generally low, watching the atmosphere strong, tungsten products market is expected to more than short-term steady weakening trend will continue .

Tungsten prices steady weakening . The current market price of tungsten concentrate in mainstream powder 271-273 yuan / kg, native WC 270-272 yuan / kg, while the actual transaction mostly concentrated on 270 yuan / kg of low-cost resources. Tungsten steel mainstream price 290 yuan / kg, high-purity tungsten 320 yuan / kg, tungsten electrode grinding rods 405-415 yuan / kg, steady .


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 ore procurement quotes reduced demand for light ferrotungsten

With the lowered guidance , some tungsten concentrate panic outlook and hold stocks cheap Paohuo spot market turnover slightly improved, Tandi transaction prices , tight capital markets , many traders are debts, often the weight of cash lower . However, most manufacturers are reluctant to sell low-priced foreign offer is still relatively strong, and some even suspended offer. At the same time , the downstream APT and other production enterprises due to uncertain market outlook for raw material purchasing fewer suspended quotation, procurement activities , on-demand procurement. No analysis is expected next week if more favorable purchasing and storage and other factors arise , actual demand for tungsten concentrate prices due to lack of support and again dropping slightly .

Unlike raw tungsten ore prices lower than the market price of tungsten iron firm, the key is to strictly control inventory tungsten iron manufacturers , remained after the original offer guidance announcement. Basic tungsten iron manufacturers have received weekly inquiry, but the actual list of transactions less demand for light , tungsten, iron prices expected next week or steady slightly smaller .


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

North American demand for light tungsten carbide powder, a small drop prices

Tungsten carbide powder market in North America is currently weak market stability maintenance , WC 99.7% min price of $ 55-60 / kg contraband hair that has fallen below 60 U.S. dollars / kg , low price of $ 53-57 / kg. Thinly traded market in recent weeks . Due to the slow economic recovery , there is no signs of recovery in downstream demand , consumption did not increase, North American Tungsten prices are still a downward trend .

By the end of March a U.S. WC 99.7% to $ 53 traders / kg of contraband sent to the price of shipping two tons , down about $ 2 over the last / kg. He mentioned that the number of students increased by a marginal impact on the vendor market . He believes that the main reason is that prices began to decline slightly : too many producers and traders holding large stocks on the market , but demand was steady , but the fierce competition among suppliers .


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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