This week overall ferrotungsten market demand is low, as Jiang W, Hunan, a large national ranking of these two big manufacturers resume production, increasing tungsten iron shelf, and then as the year draws near the downstream demand continues to slump, leading ferrotungsten prices continue to decline. It is understood that 70 tungsten furnace iron production concentrated in the acceptance offer 160,000 yuan / ton, the actual turnover of less than 160,000 yuan / ton; extrajudicial 70 Tungsten iron furnace mainstream tax turnover has dropped to 150,000 yuan / ton .

According to incomplete statistics, tungsten, iron production this year is expected to be around 4,000 tons, down 410 tons of existing inventory. 2014 W iron smelters mostly home-to-order, not the order to suspend break, a small amount of inventory control.


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Scheelite market demand this week, closing double low, market prices Yindie. Downstream tungsten tungsten smelter products unsalable serious thinly traded stock, leading manufacturers continue to suppress the inquiry tungsten tungsten ore, tungsten ore spot price and the deal stalemate Yindie. It is understood that 60-degree Scheelite concentrate 80,000 yuan traded / ton, then the research learned tungsten concentrate production costs are 75,000 yuan / ton (not including resource tax, freight and other late fees), tungsten fine ore price has been a serious challenge to the cost line, resulting in tungsten ore cargo operators reluctant to sell sentiment strong, if not eager to need money, not shipped, and be sure to cash transactions.

It is understood that 60-degree wolframite concentrate on the mainstream market price of 80,000 yuan / ton, excluding tax price concentrated around 1.05 yuan / kWh. Scheelite is expected to post an offer or continue to fall, closer to the actual transaction. It is understood that Shizhuyuan 1-10 months total amount equivalent to 4493 tons of tungsten concentrate shipped.


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: despite the wishes of mines and traders sell cheap tungsten concentrate low, very conscious of the price, but with the new year approaching, the downstream tungsten smelters to reduce raw material procurement, tungsten ore spot price traded stalemate and overcast fall. Tungsten powder market turnover is very light, less demand on the one hand, it is the end of the downstream manufacturers to reduce the procurement of raw materials; on the other hand by the end of poor payment methods, APT, tungsten carbide and other smelters have to reduce their output this month, will ship low acceptance, to produce pre-orders, the market may be vulnerable stability maintenance.