Traders reluctant sellers do not ship continued, tungsten market volume was light

Tungsten market: Scheelite traders reluctant sellers do not ship sustained, mining funds tensions eased, coupled ore price has dropped to the bottom of the APT and other downstream smelters home materials procurement will increase efforts to reduce lower prices, high-grade wolframite concentrate increased demand, more than 60 degrees wolframite inquiry slightly elevated. Waste tungsten market volume was light, the market stability maintenance; tungsten steel scrap prices still strong, and because less stock market liquidity, receiving difficult, traders were forced to compress profit margins, operational difficulties.

Read more: Traders reluctant sellers do not ship continued, tungsten market volume was light

Tungsten scrap prices stabilize, the latter is still not fall risk

Waste tungsten market volume was light, the market stability maintenance; tungsten steel scrap prices still strong, and because less stock market liquidity, receiving difficult, traders were forced to compress profit margins, operational difficulties. However, the total stock market is actually relatively large, but large cargo owners are reluctant to sell not currently expected to post scrap tungsten steel prices likely Budie.

It is understood that the waste tungsten drill, tungsten scrap import prices remained blade in 155-160 yuan / kg, scrap tungsten blade mainstream domestic prices in the 147-150 yuan / kg, the price of scrap tungsten wire drawing dies at 154-156 yuan / kg.


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

Metals export quota policy adjustments tungsten, molybdenum export release

Commerce Department yesterday issued a list of "2015 tungsten, antimony, silver, indium, tin" and quotas and export enterprises. Reporters noted that the Ministry of Commerce in 2015 to cancel tungsten, molybdenum export quotas on the basis of molybdenum also abolished export qualification management.

In this rare quota indicators, antimony, silver, indium export quota of 70% of the total annual quota, tin export quota of 61% of the total annual quota.

Read more: Metals export quota policy adjustments tungsten, molybdenum export release

Increased demand for high-grade wolframite, tungsten ore rose inquiry

Two days above 60 degrees on the spot market wolframite Inquiry increased inquiry has also been rising: 60 degrees last week, wolframite tax price 77,000 yuan / ton, the current mainstream inquiry at 7.8-7.9 ten thousand yuan / ton; 60 degrees last week, wolframite non-tax price of 1.03-1.04 yuan / kWh, now appears 1.06 yuan / kWh inquiry.

Analysis now wolframite price rose slightly main reasons: ① Scheelite traders are high-priced stocks, reluctant sellers do not ship continued downstream tungsten smelter arrived home in order to buy and slightly compromise; ② mine tight funds eased, mining offer strong, almost bottoming out at the moment ore prices do not actively take the goods; ③ downstream APT smelters and other small household materials inventory, procurement Scheelite willingness to increase efforts to reduce pressure on the ore price.


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

New Year approaching, the tungsten market liquidity tight

Tungsten market: Year approaching, market liquidity tight, tungsten smelter home production enthusiasm is low, more money in the chase, foreign offer basically unchanged from last week, but the turnover or slightly Yindie, and turnover is rare. Ferrotungsten overseas market is still oversupply, overseas tungsten iron prices are lower pressure. It is understood, APT market has now 125,000 / ton low inquiry, the mainstream market quotations have fallen below 130,000, is expected to continue light of recent market transactions or prices Yindie.

Molybdenum market: new environmental laws will be formally implemented, steel and metallurgy industry is facing rising costs, processing costs in molybdenum occasion serious upside down, investors worried about sentiment, is expected to stop production of primary molybdenum tide or surge in the next year, when the market is expected to improve.



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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