"Speed up transformation and upgrading, construction happiness Guangdong need to further strengthen geological work closely around this core mission, geological work has much to offer." Recently in Guangdong geological work meeting, Vice Governor of Guangdong Province, the province's forest raw affirmed geological work in the service Guangdong's economic and social development in four implementations (ie, achieve new breakthroughs in geological prospecting, geological work to achieve new development, engineering geology and achieve new development, the geological survey team building to achieve new weather) made remarkable achievements, and emphasized this view.

Ferrotungsten market volume was light, and the price is relatively confusion: First electric furnace production of ferro-tungsten base 70 is a mainstream product, the price is relatively stabilized; secondly, because tungsten iron prices remain low, some manufacturers will ship is not high, compared with foreign quote high. It is understood that 70-based electric furnace production of ferro-tungsten prices are relatively strong, the mainstream price 15-15.6 yuan / ton; 80c ferrotungsten price concentrated in 145,000 yuan / ton, 80A concentrated mainstream price of 16 yuan / ton down.

Recent mills ferrotungsten less demand for home goods smelter difficulties, mainly to maintain the long-term orders, a small amount of the transaction, intense competition manufacturers, offer lower profit margins continue to compress, short-term demand is expected to increase in difficulty. Export markets: China November exports 40 tons of tungsten iron, up 3.5 tons over the same period last year rose 10.4 times, the chain fell 33.3% in October than 60 tons.


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: tungsten prices continue to decline, the market demand continues to weaken, tungsten smelter home will reduce foreign quote, market turnover is very light, tungsten ore prices temporarily stabilized, but tungsten powder products continue exploratory interval low or dropping. Raw materials such as sodium tungstate downstream market downturn, with the end of the season, downstream manufacturers increased maintenance shutdown in advance, so that the needs of the poor of sodium tungstate on market demand less and less demand for tungsten steel recent iron smelter walking home goods difficulties ferrotungsten thinly traded market, the price is relatively confusion.

Raw materials such as sodium tungstate downstream market downturn, with the end of the season, ahead of shutdowns downstream manufacturers increased, making the difference on the demand of the market demand less of sodium tungstate, sodium tungstate, manufacturers were forced to cut offer, 96% of the current manufacturers quotations are mostly concentrated in 10.5-10.8 yuan / ton, but the actual turnover has dropped to 105,000 yuan / ton, the expected post-market price is still low down dangerous.

This week most of the APT smelter family continued to produce, and as demand continues to slump and inventory sufficient, in the absence of support for the acquisition of Pan Asia, the recent weeks of APT prices fell powerful, concentrated in the mainstream market quotations 13.3-13.8 yuan / ton and a small amount of the low turnover of more concentrated in the interval, the interval fell lower still tentative, today has now 132,000 yuan / ton lower offer.

Due to the current ore price has dropped nearly "bottom", in January 2015 the bank or mortgage may relax, tungsten ore cargo operators or even more reluctant to sell, so in late December APT smelter home on raw Inquiry increased, and the number of low Inquiry , but the actual volume was light, buyers and sellers on price stalemate.


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