With the traditional Chinese Spring Festival approaching, the downstream end of the alloy manufacturers increased stocking, tungsten steel scrap market inquiries increased; however, scrap tungsten steel cargo operators, mostly in the hands of the high inventory, large traders to sell at a loss now wishes lower prices, and more wait wait for the market after the Spring Festival tungsten, tungsten steel scrap spot market purchases more difficult.

Increased by the Inquiry and cargo operators reluctant to sell both to support the recent high tungsten steel scrap increased offer, offer up high last week 1-2 yuan / kg. It is understood that the import of scrap tungsten blade has appeared 161 yuan / kg higher offer, the market price of the mainstream focus on the 155-161 yuan / kg.


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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From the 21st of Jiangxi Bureau of Geology 2015 work meeting was informed that in 2014 the council in Jingdezhen Fuliang County Zhu Xi proven tungsten copper project, or to refresh the record of the world's largest reserves of tungsten deposits.

According to the Jiangxi Provincial Bureau of Geology and Mineral Pengze Zhou introduced in 2014, the council continues to make in copper, tungsten, iron, lead, zinc, rare earth, fluorite, kaolin, geothermal and other important minerals exploration breakthrough, proven or initial proven large deposit size 6, 11 medium-sized deposits, small deposits 21, the potential economic value of 105 billion yuan.

The tungsten, tungsten businesses generally believe the market continues to rally or after the Spring Festival, plus the purchase of raw materials tungsten concentrate more difficult, therefore APT tungsten smelters and some enthusiasm reduce home delivery, is expected to offer post-tungsten goods, or have a slight increase.

Macro level, where "two sessions" hot country-owned reform, state-owned enterprises listed or re upsurge; domestic oil or greet thirteen losing streak, No. 93 gasoline will enter the era of five yuan; RMB exchange rate against the euro fell below seven.


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: by the strong influence of the raw materials market, increased market inquiry tungsten ore, tungsten hot money actively enter the market, spot purchases difficult, downstream APT family and other supplementary materials smelter difficulties ore prices slow up, the middle traders operating difficulties, and with the passage of time, traders wait and see the rest of the more reduced market activity is expected to recent price of tungsten ore or concentrate on the high range.