Yesterday afternoon, the river tungsten, tungsten Association Ganzhou, China Minmetals have been put quotation October, the three 65-grade wolframite offer all fell to 102,000 yuan / ton, despite the decline vary, which again would give this depressed strike a heavy blow to the market, business confidence fell to a low of late 2014 tungsten City does not hold expectations.

102,000 yuan / ton, the offer is still higher than the current actual market price, it is understood the vicinity of the current 60-grade wolframite transaction price is slightly lower 100,000 yuan / ton, 55-60 grade scheelite concentrate prices in 9.6-9.7 yuan / ton, and the price the market still did not demand, two days almost no turnover.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Today is the first day after a small holiday, tungsten market as a whole with little turnover, the market demand continues to slump, October Scheelite oversupply phenomenon converting a significant improvement in downstream tungsten iron, APT and other smelter enthusiasm for production or still low, but financial constraints in the market and higher raw material costs of support, the manufacturers very price will is strong, it is also a greater resistance to falling prices, is expected in October tungsten City or continue to decline, but the decline would have narrowed.

Yesterday, Minmetals, tungsten Society, guided further reduced, resulting in an overall confidence tungsten City once again frustrated, some businesses that do not hold for the second half of the market has been expecting, the recent scrap tungsten market is expected to remain slow and more downtrend. Tungsten scrap material prices fell slightly. Low-grade material than before the holiday fell about 0.01 yuan / kWh, the height of the material fell 0.02 yuan / kWh.

Tungsten steel scrap prices continue to fall. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-187 yuan / kg, imported scrap tungsten blade 173-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 178-179 yuan / kg waste pure tungsten blocks 203-213 yuan / kg, down 1-3 yuan. Relatively slow decline in Hebei, Jiangsu and Zhejiang provinces but growing low-cost resources, or have a larger business mentality in the doldrums, converting short-term market vulnerable to reverse.

Overseas tungsten City mixed. On the 8th evening MB Rotterdam ferrotungsten offer 38.5-39.2 U.S. dollars / kg tungsten, down $ 0.85-1.3. Paratungstate European offer 340-360 U.S. dollars / metric ton, steady. Hong Kong offer $ 358-370 / t degrees, exploration $ 3 on low. Overseas demand for slow release, but did not improve the overall turnover and, therefore difficult to stabilize the market operation, expected short-term overseas tungsten Costco will continue to narrow adjustment.


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

Because eleven holiday impact Minmetals and guided ITIA are delayed announcement led to wait and see mood strong tungsten City, merchants offer and procurement are not active. Expected or will be gradually introduced next two days, and the pricing of risk still dropping in October. It is understood that, today, the latest hair ore prices slightly lower compared to before the holiday, 60-grade scheelite prices have fallen near 1.3 yuan / kWh.

Today is the first day after a small holiday, tungsten market as a whole with little turnover, the market demand continues to slump, APT, tungsten powder manufacturers lack of confidence, not very actively offer this week, the price of tungsten or weak stability maintenance.


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