Pan Asia this week, with the brewing event, and the year the bank will face tungsten smelter audit, downstream manufacturers of tungsten steel scrap procurement needs less, prompting tungsten scrap prices continue to fall this week.

With the falling prices of raw materials tungsten concentrate, tungsten entire domestic market have continued weakening operation, tungsten businesses generally bearish outlook, guide price or continue to fall sharply in December, scrap tungsten steel big money traders are also many goods trap, waste tungsten steel market activity is not high.

It is understood that there are some two days after another scrap tungsten steel traders pause acquisitions, only a small number of traders continued receipt, but the volume is small, and offer relatively down 2-3 before re-yuan / kg. Analysts believe that the 12 month of tungsten steel scrap market or difficult to reverse, post or still lower risk.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Tungsten City continued weakness in demand, the market volume was light. Tungsten smelter home production enthusiasm is low, raw material procurement especially cautious; tungsten powder smelter home production enthusiasm is not too high, a further drop in the price of powdered sodium tungstate market demand continues to be light, strong factory very price conscious, offer phase change from last week small, tungsten ore businesses wait and see mood strong, multi-guided introduction to wait in December; guided or expected to continue to decline in December, wolframite guided or dropped 90,000 yuan / ton.

Today, the market temporarily weak tungsten concentrate maintenance of stability, strong market sentiment, coupled with business funding constraints, more pause operation, a lot of Ganzhou tungsten ore traders have suspended purchases, only to see some specific APT smelters purchase the right amount of tungsten concentrate price and the actual transaction price continues exploratory decline.

It is understood that 60-degree mainstream price of tungsten concentrate concentrated in 83,000 yuan / ton, tungsten ore cargo operators reluctant to sell darker mood, but forced by financial constraints, some traders to sell some small amount of tungsten ore. APT, etc. However, the continuous pressure of tungsten concentrate smelter home inquiry, we understand there have been 60 degrees Scheelite inquiry 80000 or less.

Analysis is expected to: Pan Asia this week, although a small amount of the payment to the old customers, but drop in the bucket, APT tungsten smelter and other capital flows are still tight, December tungsten city needs or weaker than in November, December or guidance prices continue to fall, black Scheelite guided or dropped 90,000 yuan / ton.


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

This week tungsten powder smelter home production enthusiasm is not too high, powder prices have once again lowered the relative last week lowered 3-4 yuan / kg. It is understood that the particles of tungsten powder tax offer for 222-225 yuan / kg, tungsten carbide powder particles tax offer for 220-224 yuan / kg; and then there are the actual transaction tungsten powder 220 yuan / kg transaction prices, tungsten carbide powder has now sold 220 yuan / kg or less.

Tungsten smelter home enthusiasm for production reasons for the decrease are: ① near the Gregorian calendar of the year, manufacturers will respond loan audit bank to return the funds, reduce production capacity; ② raw material prices continue to decline, the market outlook is likely to continue to decline, so cautious manufacturers operate; ③12 month guided this upcoming weekend, tungsten and more businesses currently watching the market, waiting for the introduction of further guided decision.


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