Downstream demand remained weak alloy manufacturers, coupled with the new year approaching, manufacturers are starting to shut down, some large tungsten steel scrap traders early this week in advance of the rest of delisting, Hebei return home, compared to previous years, a market ahead of the rest. Zhejiang side of the distribution of receipt of traders reduced local traders receive better bulk and bulk slightly lower than the previous price.

Other traders are planned February 6-7 catch up on the market again suspend the New Year, is expected before the tungsten steel scrap market or mainstream maintenance of stability, thinly traded.


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
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Recently, the news agency announced that the Jiangxi Provincial Bureau of Geology and Mineral Resources in 2014 proved Jingdezhen Fuliang County, Zhu Xi tungsten copper project or refresh the world's largest reserves of tungsten deposit records, the paper also said that the project has proven tungsten reserves of more than 1 million tons, 300,000 tons of copper resources, and good exploration prospects, high grade.

With the influence of Pan Asia return spread, paratungstate manufacturers reduced the enthusiasm, the downstream buyers are cautious purchasing paratungstate foreign manufacturers offer a slight decline is expected in February paratungstate mainstream market prices or concentrated in 12.9-13.3 yuan / ton, little change .

Macro level, local investment feast on: the scale of investment of more than 15 trillion total 14 provinces; two-day international crude oil rose 10%, oil prices rebounded after the first 13 fell welcome; RMB exchange rate six times approaching limit.


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: With the return of the spread of pan-Asian influence, APT manufacturers reduced the enthusiasm, the downstream buyers are cautious procurement, APT foreign manufacturers offer a slight fall, the market is now rumored "State Reserve Bureau is about 15,000 tons of tungsten concentrate purchasing and storage" but has not been officially confirmed the authenticity of the downstream smelters family reported this rumor is still on the sidelines, which is rumored to current market stimulus is not large, but certainly more reluctant to sell goods holders, spot market transactions are still deadlocked. APT is expected in February focused on the mainstream market prices or 12.9-13.3 yuan / ton, little change.