Tungsten products prices dropped significantly. At present, tungsten powder and tungsten carbide market the actual transaction price of mainstream concentrated in between 253-255 yuan /kg, fell 2-3 yuan /kg. Because Ganzhou tungsten co guidance price cut, tungsten, business mentality also weakened, powder market high price cut, price closer to the low.

Steelmaking with the price dropped to 275 yuan /kg, high pure tungsten bar 295 yuan /kg, fell 3-5 yuan. Tungsten electrode polished rod price has remained around 405 yuan /kg. Powder manufactured goods prices fell, prices have to fall. Expected short-term tungsten products prices or will continue weakening trend.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: yesterday Minmetals guidance prices flat, Ganzhou tungsten co guidance prices down slightly as expected, 65 degree black tungsten from 110000 to 107000, closer to the actual market price 105000, because the two big institutions offer the disagreement continued weak demand downstream, Shang Jiamu, before the main wait-and-see, late funds hold the goods business shipment or slightly increased, expected short-term tungsten price stability and fall.

Sodium tungstate market demand remains in the doldrums, with tungsten Association guidance price declines, Minmetals has not buy in large quantities, this week the sodium tungstate inquiry lowered again, although the smelting manufacturers cut and dimension stability quote, but the actual transactions is still slightly lower. According to the current understanding of 96 sodium tungstate mainstream cash prices in the 12.4-12.5 yuan / ton near, part processing or slightly lower.

Ammonium paratungstate market continued to slump, price stability test, the cash price of the mainstream in 16.2-16.3 yuan / ton, compared with last week, down 1000 yuan / ton. Analysis of the causes of the ammonium paratungstate market down: one is the terminal consumption ability is poor, resulting in ammonium paratungstate downstream demand is difficult to release, ammonium paratungstate market demand not flourishing; two is the latest August tungsten Association guidance prices down again, the business mentality of weakness, high price decline. Is expected in the short term the ammonium paratungstate price or in the 16-16.3 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

Yesterday the Minmetals Nonferrous and Ganzhou tungsten co published guidance price is different, Minmetals flat 65 degree black tungsten concentrate bid to 110000 yuan / ton, Ganzhou tungsten co down 3000 to 107000 yuan / ton, the two price is still higher than the actual price, in this price spot market sale does not ship. It is understood, now a 65 degree black tungsten concentrate 105000 yuan / ton are difficult to sell, 65 degree white tungsten concentrate even now 103000 yuan / ton low price.

The two institutions offer the differences, continued weak downstream demand, businesses at present mainly wait-and-see, late funds tense shippers shipping intention or slightly increased, the short term price of the tungsten vulnerable, there is still risk small fell.


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