Tungsten market: With the continued downturn in end demand, weak demand for tungsten, tungsten tight cash flow businesses, leading tungsten tungsten concentrate smelter home care procurement of raw materials and products sold increased difficulty after payment, plus near the end, watching the market emotional enriched; expect the recent mainstream tungsten ore, APT, tungsten, iron and other tungsten products prices or weak stabilization, reduction from last week has been reduced relative to expected short-term price of tungsten or temporarily disadvantaged stability maintenance.

At present, although tungsten concentrate market has stabilized, but the market is still difficult to scrap tungsten steel stabilized downstream prices down, hardly strong hold stocks, the market continued kicked upstairs, the current price may be lower than the actual receipt of quotes about 5 yuan, the business mentality pessimistic market outlook bearish expectations, expected short-term waste tungsten market will remain vulnerable to run more.

Tungsten steel scrap price continues to fall. Waste tungsten drill mainstream price concentrated in 158-161 yuan / kg, imported blade 150-153 yuan / kg, homemade blade 143-145 yuan / kg, drawing die 152-154 yuan / kg, pure tungsten blocks 167-172 yuan / kg, down about 1 yuan / kg. 70 degrees above the grinding tungsten scrap material 1.4-1.45 yuan / kWh, 50-70 degrees 1.35-1.4 yuan / kWh, 30-40 degrees 1.27-1.32 yuan / kWh, transient stability.


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

With the continued downturn in end demand, weak demand for tungsten, tungsten businesses tighter liquidity, operational motivation is low, tungsten concentrate market turnover is rare. As expected near the end of, or increase in the tungsten market sentiment, short-term price of tungsten or temporarily disadvantaged maintenance of stability, there is the risk of a slight downward.

Analysis of the reasons are: on the one hand ore price has fallen to near the cost line, near the bottom, holding mostly cargo operators expect lows, take the goods in order to ease the financial difficulties, so the tungsten ore must currently hold stocks of cash before they agree to ship ; on the other hand, subject to funding constraints constraints, tungsten smelter home care procurement, for a time it is difficult to set aside large sums of money to purchase raw materials, downstream tungsten production is also not enthusiastic.


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 down after a long, now close to the cost line, strong factory very price conscious. Although demand continues to light, but today tungsten price stability maintenance temporarily vulnerable, wolframite prices are still hovering 8.5-8.6 yuan / ton. At present, although tungsten concentrate prices gradually stabilized, but tungsten steel scrap prices are stable kicked upstairs next business mentality pessimistic market outlook bearish expectations. Ferrotungsten market demand continues to slump, but this week the price of tungsten iron temporarily run stability maintenance, manufacturers offer firm.