Tungsten market: China Minmetals tungsten concentrate price guide issued in April. Now 65% of wolframite offer 86,000 yuan / ton mark, 65% scheelite offer for 85,000 yuan / ton mark, prices were flat compared with March guidance, business confidence frustrated that April has no hope. Downstream manufacturers of alloy steel scrap tungsten purchase less, traders passive operation, waste a little bit of tungsten market, but buyers try to suppress the price, in order to reduce risk, tungsten scrap merchants are generally not optimistic. The actual transaction is expected tungsten ore, tungsten or relative prices fell slightly last week.

China Minmetals just announced yesterday, April and March were flat tungsten concentrate price guide, now 65% wolframite offer for 86,000 yuan / ton mark, 65% scheelite quoted at 85,000 yuan / ton mark, business confidence frustrated that there is no hope in April, is expected to actual transactions tungsten ore, tungsten or relative prices fell slightly last week.

Macro level, the introduction of more "along the way" docking projects, infrastructure investment over trillion; the middle reaches of the Yangtze River City Group planning approval, is expected to leveraging trillion investment in infrastructure; the first quarter economic data expected to be lower than expected.


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Downstream manufacturers of alloy steel scrap tungsten purchase less, traders passive operation, CNC blade and blade are no longer marketable domestic waste a little bit of tungsten market, but buyers try to suppress the price, in order to reduce risk, waste tungsten drill purchase price is currently only concentrated in the 155-156 yuan / kg, tungsten scrap merchants are generally not optimistic that the April market or steady weakening slightly.

Waste material grinding tungsten market demand is relatively weaker downstream tungsten, tungsten powder and tungsten smelter try to drive down the purchase price of the home, more and more low-cost supply of small purchases, research learned that more than 50 degrees of waste materials mainstream grinding tungsten concentrate at 1.1 yuan / kWh, some low-cost near as low as 1.05 yuan / kWh.


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

Overall sluggish demand for tungsten, tungsten-based products on the market are sluggish performance by financial tensions and overstock serious dual constraints, tungsten concentrate prices were slightly lower, price is also slightly lower. Since early April the new round of guided upcoming week, market sentiment strong tungsten, tungsten little enthusiasm for the business operations, cash market turnover is rare.

It is understood that 55 degrees wolframite mainstream market price 82,000 yuan / ton, 60 degrees above the market price of the mainstream in wolframite 8.3-8.4 yuan / ton, compared to last week's 8.4-8.5 ten thousand yuan / ton again frustrated.


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