Tungsten Market: Domestic short-term or stable tungsten prices dropping slowly

Tungsten Market in April slashed guidance, and prompted some cheap shipping hold stocks, the market volume increased slightly this week; But more manufacturers still offer a more firm and strict inventory control, production according to market demand; expected this week mainstream stable tungsten prices dropping slowly.


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Our urgent need to promote the use of modern and efficient tool

By Kennametal Metalworking magazine jointly organized the " 2014 intelligent processing and advanced cutting technology exchange ", the China Association Hao Ming tells the tool points to the future development of the machine tool industry thinking.

He said that since 2012 , a combination of factors affected by rebalancing the global economy and China 's economic slowdown and so on , China 's machine tool industry has undergone a fundamental change , the industry is facing a severe test and undergo adjustment and transformation , but also full of various potential growth opportunities.

China's machinery manufacturing industry from 2013 running situation, and information technology, automation , intelligent upgrading of the industry is closely related to the development of faster than traditional manufacturing industries. 2013 machine tool industry is running low levels ; capacity utilization is low , the overall shrinking market size ; fierce market competition , profit margins continued to decline ; no significant improvement in machine tool exports , long-term growth of imports also fell sharply .

2013 metal processing machines imported 73,733 units, $ 10.015 billion , down 25.37% amount , the average import price was $ 135,800 . The processing centers imported 20,741 units, 3.382 billion U.S. dollars , down 40.14 percent amount ; CNC machine tool imports 15,937 units, 4.169 billion U.S. dollars , down 11.71 percent amount .

Data show that the Chinese machine tool market is undergoing a very significant change , prominent features are: the total decline in demand , rising demand structure , imported machine tools tend to be high-end products.

He believes that from a macro perspective, the recent Central Economic Work Conference has clearly passed out the requirements for " maintaining stability " policy signal, so the national economy in 2014 is expected to maintain steady development ; while the international economic environment in emerging economies although the body is relatively difficult , but developed countries are slowly recovering . Overall, in 2014 the machinery industry can continue to grow steadily in the structure be adjusted simultaneously.

Environment affected by the host machine product yield dropped significantly last year after that, overall, the host machine business in 2014 is still in a downward path , or will face overcapacity, lack of orders , excessive competition, falling prices and other issues, the areas of low-grade machine tools and heavy machine performance is more prominent.

Use the urgent need to promote modern and efficient tool . According to statistics , the tool consumption in developed countries is about 50% of the annual consumption of machine tools . Tool consumption is much higher than the proportion of China's manufacturing industry . From a global perspective , in 2008 , machine tool consumption reached the level of $ 85 billion , and the tool consumption has hit a new high of $ 21 billion , the global average level of consumption and machine tool consumption ratio is about 25%. In China, the machine tool consumption has been ranked first in the world for seven consecutive years , 2008 and achieved a record level of $ 19.44 billion . Our tool spending for the first time over the major developed countries , reaching $ 4 billion . However, relative to the large -scale consumption of China's manufacturing machine tool consumption is still much lower , only 20% of machine tool consumption. This proportion is not only far lower than developed countries, but also lower than the world average. This explains , in our tool consumption , cheap and inefficient traditional tools still the mainstream , far from being fully functional machine , a huge manufacturing labor productivity potential. This is not only the gap between Chinese tool industry , and also useless Chinese tool industry.

From the enterprise perspective , after two years of market tests, many companies have to cope with market changes from passive to gradually shift the initiative to adapt to changes and proactively product market positioning, according to their own characteristics , to find market opportunities. In the current situation , industries and enterprises to completely give up on the government further introduced a powerful economic stimulus plan expectations, give up the desire for a strong rebound in demand for low-end market , and these are unrealistic expectations and desire must be self-regulating.

Deepen reform and innovation will inevitably bring out more potential development opportunities , such as the rise of the country "machine substitutions " phenomenon is creating unprecedented favorable market for the machine tool industry to upgrade . core "machine substitutions " is to be upgraded to the backward production methods more efficient, more environmentally friendly , more reliable , more conducive to enhancing the competitiveness of manufacturing methods , which will help improve the income and quality of life of workers , this trend is unstoppable . Machine tool industry should seize this opportunity.


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

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

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

 

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