City continued sluggish demand throughout the tungsten, tungsten smelters actively go home inventory, product or upside down, or hovering upside down edge, lack of market confidence, low motivation operate. After the cut is expected, the primary raw material short-term tungsten ore, APT, etc. are expected to hold steady in the low or disc.

Macro level, the first time in eight weeks the central bank to restart the reverse repo, RRR cut interest rates drop probability; to conclude bilateral investment agreements was a major breakthrough in Sino-US cooperation is a new rhythm; the third quarter, is expected to bottom to stabilize the economy.


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: no significant improvement tungsten market demand, businesses generally lack confidence in the market outlook, institutional and disc manufacturers and other very price stability expectations dashed. Some businesses Paohuo willingness increased slightly, but hold stocks down inquiry, spot transactions continued stalemate, tungsten prices continue to fall, low motivation smelter home production of tungsten concentrate procurement of raw materials is not very urgent, only to find the low supply, the mainstream of the late material 50-60 degrees ore price or at risk of below 70,000.

Molybdenum market: ferromolybdenum market weakening operation, molybdenum oxide and ferromolybdenum no growth in demand and prices continue to edge lower, if molybdenum achieve international imports, will once again impact on the domestic molybdenum concentrate, resulting in lower reaches tentative inquiry, mining shipping companies hard. Molybdenum products market stability frequent shocks, slightly lower prices slightly. Manufacturers in the market situation is more disappointed in the short term people are still waiting to see more. It expects molybdenum market is still hard to get rid of the weaker short-term risk.

June 24, learned from the Jiangxi Provincial Department of Finance, and approved by the provincial government, since May 1, 2015 in the province unified rare earths, tungsten, molybdenum mineral resources compensation rates to zero, stop Collection of rare earth, tungsten, molybdenum price adjustment fund.

Provincial Department of Finance urged all localities and departments to fully clear specification of the region, the department issued relates to rare earths, tungsten, molybdenum fees fund the project, a contravention of administrative fees and government funds approval regulations, the introduction of ultra vires Pay Fund project to be canceled. After clean-up involving rare earths, tungsten, molybdenum fund related charges, the relevant departments to perform their normal duties requirements, shall be guaranteed by the corresponding financial arrangements for funding by the general public budget.


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 businesses generally lack confidence in the market outlook, agencies and manufacturers and other very price stability frustrate the expectations of the disc, tungsten prices continue to fall, downstream buyers can not purchase, mainstream post-ore prices expected 50-60 degrees or below 70,000 risk.

Macro, loan ratio red line to be deleted, or the release of tens of thousands of yuan after deregulation of credit funds; 2025 follow-up policy in China will fall; "Internet +" course of action given the picture, a new economic engine acceleration force.


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