Core Tip: Domestic tungsten ore prices support difficulty, many mine operators who hold goods began to have price adjustment. It is reported that recently funds in downstream part of the enterprise are nervous and  have no help on the actual needs.

Domestic tungsten ore prices support difficulty, many mine operators who hold goods began to have price adjustment. At present, mainstream market price of 65 degrees wolframite concentrate is between 1.52-1.55 yuan / kWh. Some individual merchants’offer tends to weaker and the minimum can be 1.5 yuan / kWh. It is reported that funds in downstream part of the enterprise are nervous and  have no help on the actual needs.

Raw tungsten ore market’s intensity of support becomes gradually weaker. With the adverse transaction, high market prices tend to put pressure to downward, some businesses have become cautious in future market. Overall, the shipments will of mine operators who hold goods has been enhanced, but the terminal and transaction downstream demand is poor. Supplies are in reselling toss between traders. It is expected that tungsten ore prices will slightly float for short-term.

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Core Tip: The end of market demand on tungsten products and deep processing is poor and businesses are in wait - and - see state currently.

Domestic tungsten market quotes keeps steady and tends to weak and there is alarge difference in prices of supply and demand in tungsten ore market. APT businesses are not confident and become cautious. The end of market demand on tungsten products and deep processing is poor and businesses are in wait - and - see state currently. It is expected that tungsten market  will mainly keep stable prices for short-term. In other words, fluctuation range of tungsten prices is narrow.

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Scrap tungsten prices remain stable. The mainstream of transaction prices of domestic scrap tungsten blades that does not taxs concentrated in the 171-174 yuan / kg, imported blades 180-182 yuan / kg, scrap tungsten drill 190-192 yuan / kg, scrap pure tungsten blocks 210-214 yuan / kg. Tha mainstream transaction prices of scrap tungsten grinding material wolfram content of more than 70 degrees is 1.76 yuan / kWh; 50-70 degrees 1.66 yuan / kWh; 30-50 degrees 1.5 yuan / kWh, steady. The tungsten ore prices keep steady and to weaken .The businesses’shipment enthusiasm is enhanced. The mentality of scrap tungsten businesses is low because tungsten market transactions are still in poor situation.

Currently, the offers still keep stable. It is expected that scrap tungsten market will continue remaining stable for short term.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tin and tungsten will soon be excavated in Myeik through a collaboration of the Ministry of Mining and the Ngwe Kabar Myanmar Company. “The joint venture project was permitted on February 27 in accordance with the Myanmar Citizens Investment Law at the Investment Commission's 8/2013 meeting,” said a spokesperson from the commission.

The alloy ores will be excavated from an 812-acre site before being refined and produced into metals in Tanintharyi Region.“There is tin metal alongside a tungsten vein in Myeik. You can also find precious titanium there,” said Soe Thein, an experienced geologist.

The tungsten project will be of great help in helping the democratic process of  Myanmar, as it has just open its arm to the world not long before.

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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