Ganzhou Tungsten Industry Association yesterday announced the March 2016 market forecast average price of tungsten: tungsten concentrate 75,000 RMB/ton, APT 105,000.00 RMB/ton, middle size tungsten powder 168 RMB/kg. Compared to February, the price of tungsten concentrates unchanged, but APT raised 2,000 RMB for each ton and the middle size of tungsten powder raised 4 RMB for each kg. This showed Ganzhou Tungsten Industry Association has optimistic attitude about the spring tungsten market.

Following Minmetals tungsten market guide price published in May, now re-released new tungsten market guidance in June, including tungsten concentrate 75,000/ton, scheelite 74,000/ton. Compared with the May guidance, the chain relative ratio were down 3,000 for each ton. And difference with May, this time Minmetals guide price of tungsten concentrate is similar to Ganzhou Tungsten Association tungsten concentrate forecast average price. Minmetals tungsten market guide price can be slightly higher than recent market transaction price, also showed Minmetals willingness to stabilize tungsten market.

The manufacturers of raw materials has optimistic attitude about tungsten market, so they reluctant to sale raw material and want to increase the price, but affected by low tungsten finished products demand the price acceptance is low and the turnover is limited. But supported by supply-side reform, mainly China domestic mining enterprises to suspend shipments, based on the policy is expected to continue to bring some benefit, so in the short-term the price of tungsten is difficult to fall down and will slight increase. 65% tungsten concentrate purchase price is not less than 75,000 RMB/ton and APT purchase price is not less than 115,000.00 RMB/ton. Besides, the market is still upside.

China's economic is gradually recovery, but tungsten finished products industry demand is shrinking, and the industry has been going on downturn for a long time. The end of January this year, eight large tungsten enterprises of China met in Chaozhou decided in 2016 tungsten concentrate reduction of output more than 15%. Reduced supply is good for industry rebound.

Tungsten carbide circular blade is a kind of super-hard composite material that mainly composed of refractory metal compound and the binder metal fabricated by PM (Powder Metallurgy). Due to it has many advantages, such as high hardness, high strength, excellent wear and corrosion resistance and is able to keep better performance at high temperature, etc, which becomes indispensable in cutting tool materials. Its appearance was circular, with a hole in the middle for easy fixing, generally used for the equipment cutting, trimming and other operations. According to the shape of the circular blade, it can be specifically divided into flat edge, sharp edge, and irregular edge. Conventional carbide circular blade size diameter φ300-1000mm, thickness 0.5-300mm, common in many industries slitting blades, such as paper making, paper products processing, adhesive tape products, films, wire and cable, rubber, aluminum, chemical fiber , non-manufacturing cloth, composite packaging materials, telecommunications appliances, cigarettes, leather, printing, food, clothing and other industries.

Since tungsten carbide circular blade has many advantages, domestic enterprises also works on that. However, They stressed by low prices, the price war to attract customers, which to some extent led to the cutting tool market vicious competition, low prices can not guarantee the quality of products, but ultimately customers on the domestic carbide circular blade lose confidence, a huge loss of customers caused. Take automobile industry as an example, it has higher requirements on the efficiency and service life of cutting tools. In order to avoid change blades cause the entire production line shut down and causing huge economic losses, usually mandatory unified tool change mode, if the blade quality problems, will affect the entire batch of products. By comparison, foreign tungsten carbide circular blade industries more focus on the brand building, and set the quality and the requirements of customers as first place, which build good foundation for the developments. In aerospace, military aspects of the field of production parts, molds and some large turbines, steam turbines, generators, and its not only high precision machining, material is also difficult to process (such as high temperature alloys, nickel-titanium alloy), high-quality carbide circular blade can perfectly meet the needs.