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
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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

Tungsten Market guide price reduction deal stalemate

Tungsten Market guide price slashed, businesses reported short-term outlook is less hope, but holding the goods subject to high-cost, low-Paohuo wishes still, the market turnover continued stalemate, expected the recent market price of tungsten concentrate or 1000 - 3000 yuan / ton down possible.


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

April 11, 2014 Tungsten Market early assessment

After April agencies lowered guidance , and some hold stocks cheap shipping , the market volume increased slightly , but most manufacturers offer still strong, strict inventory control , on-demand production, expected short-term price dropping slow steady continuation of mainstream tungsten trend.

Macro level, interest yields down, after the Spring Festival, the first central bank open market now net invested ; China trade volume both fell in March , highlighting the economic slowdown ; March CPI rose 2.5 percent , or released today .


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

Presence of carbide industry, not high industrial concentration

The main problem of the existence of carbide industry : First, the smaller companies , industry concentration is not high . According to incomplete statistics , 199 Carbide Corporate Average annual production capacity of 176 tons , with an average annual output of only 86 tons , the annual output of 1,000 tons of only four companies . Second, the technology requires less investment , the lack of high-end technical talent , technology research and development capability is weak. China Cemented Carbide Industry investment in science and technology and less than 3 % of sales , R & D level is not high , less original core technological achievements. Third, the low level of product quality , product structure needs to be adjusted. Our carbide production accounts for over 40 % of world production , but less than 20% of carbide sales worldwide , mainly due to the high performance ultrafine alloy , high-precision high-performance abrasive coated blade , carbide tool materials, complex very different products, precision CNC tool carbide high- value-added products less production , processing and lack of supporting varieties insufficiency .

With the rapid expansion of China's auto industry , the demand for auto parts machining cutting tool increasing demand for Chinese iron and steel , transportation, construction , etc. of the carbide is also increasingly strong. Carbide foreign multinationals in the strategic picture , the Chinese market has quietly become the protagonist of a supporting role .

Analysts pointed out that the " second five" late , our carbide production reached 30,000 tons , sales income reached 30 billion yuan , deep processing products accounted for over 40% of the total carbide . Compared to exit the "Eleventh Five-Year" will double , and strive to more than one billion U.S. dollars . Carbide will be intensive processing tools supporting direction ; towards ultra-fine, super thick and coated composite structure direction ; towards a recycling economy , energy saving direction ; towards precision , miniaturization direction.


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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