Tungsten market: the end of the financial pressure due to increase in tungsten concentrate shipments will increase cargo operators, and reduce the high offer, some traders and downstream buyers also took the opportunity to purchase some of tungsten ore, the mainstream market in the 8.3-8.4 yuan / ton, expected late disadvantaged stability maintenance. APT and other downstream tungsten smelter home the same financial constraints, operating enthusiasm weakened, more tentative inquiry for tungsten concentrate, resulting in Scheelite deal stalemate, the downstream production of tungsten is relatively slow, with product prices and lower raw material market downward. Recent tungsten market is expected to wait and see, some commodity prices or slightly lower tungsten, tungsten overall market steady consolidation.

Tungsten market: Near the end, the whole market volume was light tungsten, demand continues to slump, lack of business confidence tungsten, tungsten considered late or have lower prices, but by the cost of support, losses were limited. Scheelite recent days cash transaction price or slightly lower, partly Scheelite holding business cash shipments will increase slightly, offer high tungsten products or have dropped.

Molybdenum market: International Molybdenum City because there is not enough demand to support has dropped slightly, the domestic market is still the main stable, companies offer strong, but the result was unsatisfactory, there is no significant increase in the actual volume, sentiment breeding.

Tungsten overseas demand has not yet been improved, the European APT prices continue to fall, the latest MB quote APT Europe quoted at $ 250-275 / ton degrees lower compared to last week's average 10 US dollars / ton degrees. Due to fierce competition in the market wolframite CIS wolframite prices also declined.

Only ferrotungsten overseas prices are relatively strong and sustained a slight rise in the rally, the latest quote ferrotungsten MB Rotterdam 33.6-34.75 dollars / kg, with last week raised $ 0.175 / kg, which is expected perhaps with Vietnam Yang Xing Tungsten suspended due to patent issues tungsten iron production to some extent.


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 entire market volume was light, demand continues to slump, APT and other smelters family was unable to cash purchases of tungsten concentrate, resulting in Scheelite deal stalemate, the downstream production of tungsten is relatively slow, lack of business confidence tungsten, tungsten considered late or successively lower prices , but by the cost of support, losses were limited.

Macro level, domestic oil prices down for managing some areas back to 5 yuan era; QFII quota over the first $ 1 billion, A shares hope to introduce more running water; Turkish Republic of Korea announced the same day the application added an investment bank.


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