With the recent shortage of tungsten market continued to decline, tungsten business confidence, generally considered: New Year's Day before, because of lack of demand for support, coupled eager to cash in the end, the market outlook is still lower ore prices or risk.

However, tungsten ore cargo operators who are mostly in the hands of the high inventory stocks, low willingness to sell at a loss; unless some businesses eager to cash in tight liquidity, but also require cash settlement, but the downstream buyers also facing financial difficulties, so little cash market in large quantities transaction, a small amount of low-cost multi-cash transactions.

With tungsten concentrate prices continued lower, from eleven small holiday, wolframite from 101,000 yuan / ton down to the current 88,000 yuan / ton, a cumulative fall of 13,000 yuan / ton, down a lot . Most businesses think prices have been at a lower price, the recent APT and other downstream smelters home prices are starting to see the procurement of raw tungsten ore concentrates, but the inquiry suppressed low. It is understood that the purchaser 60 scheelite Quote pressure to 8.3-8.4 yuan / ton, 60 wolframite Quote pressure to 8.5-8.6 yuan / ton.


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

Sodium tungstate demand continues to slump, smelter home started to shrink, the continuation of production of the factory is in strict accordance with the order, not much actual production of sodium tungstate mainstream market prices continued to edge lower, currently 96% sodium tungstate mainstream market price 113,000 about yuan / ton, but the spot market has now 110,000 yuan / ton low.

With last Wednesday, Thursday, November APT Pan Asia have signed orders with partners, significantly reduced the relative orders before, each partner can only get a small amount of orders, but the current downturn in demand, which has produced some support. Pan Asia in November signed an order APT prices: goods to 10 working days to pay 147,000 yuan / ton, 40 days paid 150,000 yuan / ton. This price is still higher than the mainstream market price, the current mainstream market quotations APT concentrated in 14.5-14.7 yuan / ton, but the turnover is more concentrated low 145,000, and even below this inquiry, the mainstream prices are still expected to post APT there fall hazard.


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 continued weak market demand, tungsten concentrate more dominant buyer, the spot price of tungsten concentrates concentrated in the low range, some even slightly lower than the range of low-cost, although the current tungsten concentrate prices stabilized, but waste tungsten market sentiment remains pessimistic phenomenon downstream prices down more, plus part of the cargo operators Paohuo, expected late this week or will cut ore price 1000-2000 yuan / ton. Sodium tungstate demand continues to slump, smelter home started to shrink, the continuation of production of the factory is in strict accordance with the order, not much actual production of sodium tungstate mainstream market prices continue dropping.

Although the present tungsten concentrate prices stabilized, but market sentiment remains pessimistic scrap tungsten downstream prices down phenomenon more, plus part of the cargo operators Paohuo, it is difficult to market stabilized stabilized, low-cost resources endless, expected short-term waste tungsten market continues weak run. 70 degrees above the grinding tungsten scrap material 1.45-1.5 yuan / kWh, 50-70 degrees 1.4-1.45 yuan / kWh, 30-40 degrees 1.3-1.35 yuan / kWh, transient stability.

Tungsten steel scrap price continues to fall. Hebei scrap tungsten drill bit is still relatively strong, mainstream price 162-165 yuan / kg, Jiangsu and Zhejiang individual can be as low as 160 yuan / kg. Mainstream imported blade 153-156 yuan / kg, down to individual recyclers to 150 yuan / kg; domestic mainstream blade 147-148 yuan / kg, drawing die 154-156 yuan / kg, pure tungsten block 170 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