This week tungsten market demand continues to slump, the price of tungsten difficult to stop the decline, market participants and more pessimistic look forward, with the 2014 winter approaching footsteps, tungsten City or will enter winter, tungsten businesses generally funds are tight, difficult to operate.

Tungsten ore traders in the hands stock cost is too high, more than in the state upside down, and the hands of the funds being caught more than a high inventory, coupled with continued sluggish demand and revitalize difficult. Tungsten mines remain in operation and more, although a little attention to controlling production, but tungsten ore supply continued to increase, with the continued sluggish market, mining has become increasingly shrinking profit margins. Downstream tungsten smelter started home situation APT, tungsten, iron, continued to decrease, the reduced demand for tungsten ore and tungsten smelter home unmarketable product also faced difficulties, capital returns a long period, more stringent procurement of raw materials.

Expected in recent days tungsten ore businesses or wait wait guided introduction in early November, less market procurement activities, tungsten concentrate inquiry continue to be suppressed, 60 grade scheelite concentrate or below 90,000 mark.


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 City increasingly shrinking demand, tungsten and iron products less exercise alone, although foreign manufacturers offer temporary stability maintenance this week, but fewer orders, are no longer marketable, slightly Yindie actual transactions, especially cash price range is more obvious. Receiving little scrap tungsten distribution market, and the price is low and constantly refresh the latest record, this week the price of tungsten or different magnitude weaker ore price or hovering in the 90,000 yuan / ton.

Run tungsten concentrate prices continue downwards, scrap tungsten market sentiment pessimistic, holding cargo shipping business will increase, low-cost resources will continue to increase, the overall market remained weak. With the approaching end of the financial pressure will gradually increase, coupled with the expected bearish market outlook, expected short-term price of tungsten scrap or weak run.

Weak low tungsten scrap prices stable. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 175-178 yuan / kg, imported scrap tungsten blades and drawing dies 168-170 yuan / kg, domestic waste tungsten blade 157-160 yuan / kg. 70 degrees above the grinding tungsten scrap material 1.59-1.63 yuan / kWh, 50-70 degrees 1.49-1.59 yuan / kWh, 30-40 degrees 1.39-1.44 yuan / kwh.

Overseas tungsten City is still a steady decline. 29 evening MB ferrotungsten Rotterdam offer 38.5-39.5 US dollars / kg of tungsten, paratungstate Europe offer 325-345 US dollars / ton degrees, highs $ 5; quoted in Hong Kong remained at $ 340-360 / ton degrees, highs $ 5. Overall decline narrowed, expected short-term overseas tungsten City or continue weak adjustment.


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

Ferrotungsten market low operating rate, the market is less exercise alone, although foreign manufacturers offer this week, temporary maintenance of stability, but less order, are no longer marketable, slightly Yindie actual transactions, especially cash price range is more obvious. Expected weak demand and weak demand dragged down by the late ferrotungsten mainstream market price or lower, and a significant increase in demand for short-term difficulties.

It is understood that 70 ferrotungsten tax base concentrated in the 16.8-16.9 acceptance offer yuan / ton, and some even as low as 165,000 yuan cash price / ton in the vicinity, and the market turnover of less normal start of the manufacturers still single digits.


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