As the market continues to slightly weaker raw material tungsten concentrate, combined with weak end demand tungsten, tungsten downstream deep-processing products have a slight decline in the price of orders is expected in June tungsten rods and other deep-processed products or tired and fell 10 yuan / kg.

Macro, May economic data pick up, experts predict or stabilize the economy in the third quarter; 9 the first bank certificates of deposit issued on the 15th, the highest interest rates go up 40%; green taxes will be introduced brewing for nearly a decade.


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With the guidance of the announcement, powder prices fell, scrap tungsten steel market prices fell again, the spot market transactions better than last weekend, bar, CNC blade, milling and other markets is still some demand, scrap tungsten steel traders wait so ferrotungsten manufacturers offer a substantial reduction, profit contraction. Tungsten steel scrap prices are expected to decline blocked, or vulnerable in the short term maintenance of stability.

Macro level, China again after a lapse of nearly 20 years of housing reform: Corrects re-market light protection; 2025 follow-up policy in China will fall, including tax support and so on; the second batch of local government bonds trillion displacement amount issued.


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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Tungsten market: With the publication of guidance, powder prices fell again frustrated tungsten business confidence, enthusiasm weaker operating tungsten concentrate smelter stopped production increase, scrap tungsten steel traders wait and see, so ferrotungsten manufacturers offer a substantial reduction, profits shrink, scrap tungsten steel prices fell again, the spot market transactions better than last weekend, bar, CNC blade, milling and other markets is still some demand, it is expected to scrap tungsten steel prices sharply lower blocked, or remain relatively stable in the short term .

As a producer of tungsten carbide tools raw materials prices continued to fall. As an intermediate raw material price index of ammonium paratungstate (APT) the current price of around $ 230 per 10 kilograms, and its recent peak in early 2015 it fell by 25% compared to. The reason is that China and the United States demand growth is weak.

In China, iron ore and other resource prices fell, mining-related demand growth is weak. He said, "The Chinese government this year has yet to tungsten implementation of the national purchasing and storage."

Tungsten is widely used in auto parts processing tools and tunneling equipment and other super-hard tools. In the United States, from the second half of 2014, crude oil prices were low, demand shale gas related tools declined.

In Europe and Japan, although the automotive sector centered tungsten demand held firm, but "due to the bearish market, many companies no longer increase in inventory." Although mainly grown in China, but is expected early in the year the UK will also start production of tungsten. With the increase in the supply of tungsten prices could fall further.


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