Tungsten Concentrate Price

Why did China Implement Strict Control on Dominant Resources

Details: Category: Tungsten's News; Published on Thursday, 14 March 2013 10:20; Hits: 2382

National Land Resources Bureau has recently decided to implement volume control of tungsten, antimony and rare earth. It is an important step in protecting and rationally exploiting of resources and will be of great importance in stabilizing the supply-demand relationship in the global market and enhancing the price-setting voice of our country in dominant ore resources .

Last year, tungsten exploitation seemed performed very well under the control index as the international economy is growing a slow pace, demand for ore has not yet recovered, global demand for tungsten concentrate on the other hand is declining slightly. After the shrinking of demand and falling of price since last year, rare earth market has been weak in grow trends. General speaking a strict control of tungsten, antimony and rare earth is an advisable policy in preventing over-exploitation and blind competition, meanwhile it also good for the sustainable development of ore resources.

For a long run, China has been facing with problems like the use ratio for dominant resource is quite low whereas exporting volume is high, and reserve for resources is still not enough. According to the statistics : resources reservation of tungsten, tin , antimony can be used up in 14 years,12 years and 6 years respectively.

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European Ferrotungsten Spot Market Figures Drop Further

Details: Category: Tungsten's News; Published on Thursday, 14 March 2013 10:01; Written by Elva; Hits: 2211

Another significant drop in prices for the noble alloy this week in European ferrotungsten market, falling from USD39.50-40.00kg W in warehouse Rotterdam on Friday, to between USD39.00-39.50kg W in warehouse Rotterdam as of Wednesday. The European ferrotungsten market has looked shaky through much of February, loosing almost USD3.00kg W in value in a little over four weeks, and sources in Europe feel that a combination of abysmal spot market demand and surplus stock may push prices lower in the coming weeks.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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China Tungsten Electrode Prices Keeps Stable

Details: Category: Tungsten's News; Published on Thursday, 14 March 2013 09:25; Written by Elva; Hits: 2199

China tungsten electrode market is quiet and the tungsten electrode prices keep stable this week. However, as the downstream customers are inactive in making deals,the trading volume remains at low level. Output of around 8 tons per month and they mainly dealt with the old orders.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Concentrate Market Keeps Quiet with Stable Prices

Details: Category: Tungsten's News; Published on Thursday, 14 March 2013 09:42; Written by Elva; Hits: 2215

Tungsten concentrate market continues to run slowly with stable prices. Most of the market participants watch the market. The downstream customers only purchase from hand to mouth, and are unwilling to hold stocks in large quantities. An end-user for tungsten concentrate based in South China expressed that they purchased a batch of wolframite 50% at 1,560RMB and 250USD last week.

You can visit the following links for more information about tungsten concentrate prices. Than you very much!

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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Outlook Gloomy for the European Ferrotungsten Market

Details: Category: Tungsten's News; Published on Thursday, 14 March 2013 09:18; Written by Elva; Hits: 2200

European ferrotungsten market prices have seen a slight split appear between numbers quoted for standard grade and off-spec material this week. An undisclosed volume of off-spec ferrotungsten is available in the European market at present, and although a number of consumers can work with this material, it is still trading at a slight discount. Offering prices for the off-grade ferrotungsten are between USD38.40-38.90kg W d.d.p to European consumers as of Tuesday and for standard grade material prices have held between USD38.90-39.20kg W d.d.p so far this week.European Ferrotungsten Market looks gloomy for short term.

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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