Ferrotungsten deserted Russian market, prices steady

March deserted Russian ferrotungsten market , turnover is slow, steady prices , currently 70% min ferrotungsten local market mainstream prices at 1,050-1,100 rubles / kg ( 40.9-42.8 U.S. dollars / kg tungsten ) .

Russia , a trader said that the current weakness in the local market demand for tungsten, iron , 70% min ferrotungsten mainstream market prices at 1,050-1,100 rubles / kg (U.S. $ 40.9-42.8 / kg tungsten ) , unchanged from last week . "At present we have no ferrotungsten spot , recently we have not received one week buyers of Inquiry tungsten iron , because slow turnover in the future we will demand procurement , " the trader said.

The monthly trade trader called tungsten iron about 10 tons , 2 tons shipped in March . He believes that domestic demand is low tungsten iron , tungsten, iron prices in the short term is expected to be weak stability maintenance .

Russia, another trader said that the current local market continued ferrotungsten light, due to the scarcity of trading , some traders said the market outlook no confidence. "Currently we quote for 70% min Ferrotungsten 1,100 rubles / kg ( 42.8 U.S. dollars / kg tungsten ) , unchanged from last week , we only agreed to supply quotes . Recently one week we received an inquiry , reported late and did not reach a deal , the buyer is not strong intent to purchase , "the trader said.

The monthly trade trader called tungsten iron about 10 tons , which currently holds three tons 70% min Ferrotungsten inventory. He said that the current downturn in market demand , market participants more than watching the market outlook is expected to continue to slow run .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Raw material prices continue to decline, tungsten flagging market confidence

Tungsten market : Since tungsten concentrate downstream buyers continue to keep the prices down , tungsten chemical and other raw material prices continue to decline , tungsten products flagging market confidence , costs continue to move down , the market demand is low, turnover difficulties , the actual transaction multiple of 1.5 yuan / kWh or less, and there is still the possibility of dropping . Downstream demand is still very weak , and converting short-term pick up , businesses are expected to operate before the holiday enthusiasm little more to stabilize the main market .

Molybdenum market : the continuation of the current molybdenum products market continues to rise beyond the weak negative trend , the venue will to growing businesses up hope . However, due to the low level of market demand , inhibiting the market to pick up the pace . Plans to launch the tender part of the steel , but businesses are expected not ideal. Expected short-term molybdenum market or low maintenance of stability .

Read more: Raw material prices continue to decline, tungsten flagging market confidence

Tungsten products market continues weak, price continues to fall

Because of tungsten concentrate , tungsten chemical and other raw material prices continue to decline , tungsten products flagging market confidence , keep down costs , merchants offer had continued to fall in the overall decline is difficult to stop . Downstream demand is still very weak , and converting short-term pick up , tungsten products market is expected to continue the recent weak run .

Tungsten prices continue to fall vulnerable . The current market price of tungsten concentrate in mainstream powder 271-273 yuan / kg, native WC 270-272 yuan / kg, down 1 million, while the actual price has dropped to 270 yuan mostly / kg. Tungsten steel mainstream price 290 yuan / kg, steady ; purity tungsten bar 320 yuan / kg, down 10 yuan ; tungsten electrode grinding rods 405-415 yuan / kg, steady .


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

Scheelite thinly traded market, many businesses wait and see

Tungsten concentrate market continued deserted , the market is very quiet , turnover is still in a stalemate , only a small amount of turnover and low transaction prices , weak demand and high inventories continued to constrain two problems tungsten prices upward, analyze market volatility think before the Ching Ming Festival little mainstream running smoothly.

Currently tungsten many businesses on the sidelines, the operation is not active on the market in April still have a certain expectation , waiting Minmetals and other large enterprises to implement purchasing and storage . Some market participants are optimistic about the market outlook is not that strong but short-term , mainly because of a lack of demand for support and sluggish macroeconomic environment .


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 1, 2014 Tungsten Market early assessment

Scheelite downstream buyers continue to keep the prices down , tungsten concentrate , tungsten chemical and other raw material prices continue to decline , tungsten products flagging market confidence , costs continue to move down , the market demand is low, turnover difficulties , more than the actual transaction in the following 1.5 yuan / degrees , and there is still the possibility of dropping . Small businesses operating enthusiasm before the holiday , and more to stabilize the main market .

Macro level, institutions predict CPI increased 2.5% in March , Bank of America : RRR cut less likely ; Treasury : Financial allocations for all three funds this year, full disclosure ; central billion this year, the first start SLO return funds .


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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