Ample supply of tungsten market turnover continued to light

Tungsten market : the market with ample supply of raw materials and scrap tungsten inquiry there , but the turnover has continued to light , tungsten, iron market demand is low, the downstream business procurement initiative is low, less market inquiry , coupled with the raw material of tungsten concentrate market downward , tungsten iron spot transactions also showed a stalemate , and the market is slightly weaker . Mainly because of the buyer to take advantage of weaker market outlook and weighed on prices ; seller tungsten market is still holding on long-term expectations and will ship is not strong. Both sides continued stalemate on the issue price , in the absence of external force , expected short-term dilemma is difficult to break the stalemate .

Molybdenum market : External molybdenum prices fell slightly , but the business mentality better, post-market is still strong side . Molybdenum domestic goods market continued to maintain silence, less early trading atmosphere . Foreign businesses not cheap , price stability, hold stocks wait and see. Admission is about to move steel , molybdenum market or expected short-term maintenance of stability persist run .

Read more: Ample supply of tungsten market turnover continued to light

Tungsten scrap market price difference is widening, cheap goods will go low

Today, the mainstream price of tungsten scrap market stabilize, ample supply , distribution of funds is tight . Because of funding constraints, the cash redemption price is down, the market price difference is widening, however, reluctant to hold stocks cheap goods to go , spot market transactions are not very active, expected short-term risk of tungsten steel scrap prices are still slightly downward .

It is understood by the price of cobalt and tungsten mine while lower impact materials , scrap tungsten drill mainstream has dropped 190 yuan / kg, and even some of the cash transaction price pressure as low as 185,186 yuan / kg, sold more than a lower price , but less volume .


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

April 25, 2014 Tungsten Market early assessment

Tungsten market with ample supply of raw materials and scrap tungsten inquiry there , but the turnover has continued to light, mainly because of the buyer to take advantage of short-term market outlook is weaker and suppress the price , the seller still hold the city for long-term tungsten and shipments will not expect the two sides prices continued stalemate on the issue is expected if no external force, the plight of the short-term is difficult to break the stalemate .

Macro level, new environmental law implemented on January 1 next year , illegal sewage daily fine not capped ; draft real estate tax legislation or cocoon year , the parties are intensive research ; RMB cross-border settlement 5 -year cumulative 11.8 trillion .


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

Ferrotungsten demand is low, the market traded difficulties

Ferrotungsten sluggish market demand , the downstream business procurement initiative is low, less market inquiry , coupled with the raw material of tungsten concentrate market down, tungsten, iron spot transactions also showed a stalemate , and the market is slightly weaker . However, due to cost and other support , most businesses offer steady, only a small part of the business cash turnover slightly lower.

It is understood that at present , 70 ferrotungsten denominated promissory offer more concentrated in the 180,000 yuan / ton, cash transactions at 178,000 yuan / ton in the vicinity , but the market is not very abundant funds , cash transactions can be as low as 176,000 yuan part / ton .

Currently the market because of the tungsten market trend is not clear , tungsten, iron merchants more worried about the market outlook , some manufacturers even prudent to temporarily offer , watching the market , analyze expected shortly ferrotungsten market transactions or continuing weak market or steady weakening .


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 downturn continued atmosphere of tungsten concentrate turnover continued stalemate

Tungsten market downturn continued atmosphere of tungsten concentrate turnover continued stalemate, despite holding the goods will ship cheap low, dragged down by weak demand , the current market price of the mainstream gradually approaching the low price range , the recent mainstream smooth tungsten market or continue to supplemented by a slight decrease .

Macro level, the spot exchange rate of RMB to new lows, the depreciation of more than 3% since the beginning ; MIIT: serious excess capacity of industry mergers and acquisitions windows began to appear ; April HSBC China PMI data showed a slight improvement in the economy .


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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