Tungsten market demand has not improved, the market wait-and-see atmosphere thickening

Tungsten market: this week the tungsten demand not obviously improved, although the downstream APT smelting enterprises sustained inquiry, but the price is lower than the shippers expectations, buyers and sellers are not a sign of weakness, the overall market volume was light, tungsten powder and tungsten carbide market price disorder situation slightly improved, high price difference narrowed significantly, although the current transaction performance is still the poor, but because of tungsten concentrate prices bottomed, powder businesses also unwilling to continue to cut prices, the market atmosphere of wait-and-see thickening. The demand of sodium tungstate market downturn, turnover difficulties, manufacturers still production, is expected to market steady operation.

Read more: Tungsten market demand has not improved, the market wait-and-see atmosphere thickening

Export Distribution of Tungsten Trioxide in April, 2014

In April 2014, the export of tungsten trioxide is mainly distributed in Japan, Spain, Netherlands, Belgium and South Korea, United States, Sweden, and Japan accounted for the largest share of 39%.

The following is  export distribution of tungsten trioxide in April, 2014:

 

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

 

Import Statistics of Tungsten Trioxide, in June 2014

Tungsten trioxide is a kind of yellow powder, and insoluble in water, but soluble in alkali, slightly soluble in acid. It is used for high melting point alloy and cemented carbide, tungsten wire and fire prevention materials etc,  which has very extensive application, and is very popular in the field of production and processing.

The following  is June 2014 tungsten trioxide import statistics

Import List of Tungsten Trioxide in June, 2014

country quantity/kg money/dollar contrast with last year±%
quantity money
Germany 123 20005 2.5 22.9
Switzerland 0 0 -100 -100
America 0 0 0 -100
North Korea 0 0 0 0
Japan 0 0 0 0

 

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

 

Export Statistics of Tungsten Trioxide in June, 2014

China is a power in producing tungsten, occupied a large proportion all over the worldwide, which makes our country have great superiority to tungsten trioxide export. Statistics show that China's tungsten trioxide export to many countries with large quantities.

The following is export list of tungsten trioxide in June, 2014:

Export List of Tungsten Trioxide in June, 2014 

country quantity/kg money/dollar contrast with last year±%
quantity money
Japan 202900 7307473 1929 2196.5
Korea 40600 1488764 -67.3 -65.7
Germany 40000 1339323 0 0
Hongkong 20000 751648 0 0
Holland 20000 683000 -50 -51.8
America 20000 737191 -69.7 -68.4
India 10000 333000 900 867.5
Taiwan Jinma Tariff Zone 500 17750 0 0

 

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

 

Demand for Tungsten Did Not Improve, The Market Is in A State of Wait-and-See

Demand for tungsten did not improve, the market is in a state of wait-and-see. Buyers and sellers continue to be in a stalemate game, although downstream smelting plants are active to look for supply of  tungsten in order to prepare for later production, the purchasers go on lowering quotation. nowadays, the inquiry is in the range of 100000-102000 yuan/ton.

For the end of the month is coming, the suppliers are reluctant to sell out, quotation for foreign countries is over 103000 yuan/tons. on the one hand, the suppliers are eager to the coming of traditional peak season--gloden Sep,  on the other hand, they are looking forward to the quotation from association of tungsten and the leading tungsten companies in early September. It is expected that at the end of August tungsten market will continue to be stable, and tentative quotation and enquiries will increase slightly increased, but the volume is not much.

 

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

 

 

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