The export quotas of four kinds of tungsten products in China are totaling 11,955 tons in the first half of 2010, increasing nearly 10 percent compared to those in 2009.

In spite of the significant increase in quotas, the price of tungsten remains high. A Western supplier said, “The pricing power is at the disposal of Chinese sellers. I think the price will raise further.” He thought the high price of tungsten was the reason for China to increase export quotas. “The price of tungsten kept at 200 dollars per ton last year. They won’t increase quotas as such if the price is not so high. They are well-prepared.”

Another factor affecting American buyers is the returning of DLA Supply Team. DLA has stopped participating in the market since May, 2010, worsening the tungsten supply situation. But it is predicted to resume sales of tungsten products as early as in February. DLA is prudent in its sale plans, “Selling inventory of goods can’t fundamentally meet goods demand. Strategic goods have been more and more important.”

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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Recent price setback of tungsten concentrate in 2012 has adversely affected the profitability and development of the entire tungsten industry. With the lower demand for cemented carbide, steel and other products, tungsten raw material prices have been squeezed, worsening the marking environment of enterprises. Thus, it is urgent that the tungsten industry should find a new way to develop actively yet prudently.

Given this, Ruidow Metal Net will invite people of various circles to meet in Chengdu on May 26^th, 2013 to discuss the major problems and further development of this industry.

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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The price of tungsten this year will stay above 40 thousand dollars per ton,according to Pierre Monet, the Ceo of Malaga Inc, a tungsten manufacturer, in an interview in Tronto.

It is said that the output of tungsten products of Pasto Bueno, a factory of Malaga in Peru, accounts for about 10 percent of the global output. The company plans to increase the tungsten processing capacity from 350 tons to 500 tons per day. Besides, it produces the volume of one container of tungsten for its consumers.

Based on the European price data from Metal Bulletin, APT, the trading form of tungsten, have risen by 32 percent to 440 dollars per ton last year. Besides, the price of tungsten applying to drills, industrial tools and cellphones has risen 6 times since 2003.

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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China tungsten concentrate prices move up further this week. Many downstream customers expressed that it is hard to purchase materials in the spot market.

A  tungsten concentrate factory based in South China noted that the tungsten concentrate market keeps on moving up now. He said that the tungsten concentrate prices will increase further.