With raw material prices continue to decline, the downstream market prices are starting to decline, increasing discontinued manufacturers continued to produce tungsten iron manufacturers less, reducing external offer only a small part of the manufacturers take the goods. Due to the high cost of production of tungsten iron to now the price of shipping profits is very small, and more recently has been temporarily discontinued manufacturers plan to resume production, some manufacturers even ahead of schedule shutdowns.

Currently 70 major foreign manufacturers offer ferrotungsten concentrated in 16.9-17.2 yuan / ton, 80 tungsten iron manufacturers offer mainstream focus 17.4-17.7 yuan / ton. It being understood that 70 ferrotungsten cash turnover has fallen below the 170,000 mark, the market is expected to post a tungsten iron or continue steady weakening.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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This week tungsten concentrate prices are constantly refreshed daily low, demand for light, are less probability of market transactions and the number of expected risk of late still slipped.

It is understood that 55-60 grade scheelite concentrate on the mainstream market price 9.2-9.3 yuan / ton, and this price is still strong willingness buyers continued to weigh on prices. Ore prices continue to decline main causes is more prominent contradiction between supply and demand, oversupply, and this gap continues to pull Dazhong:

On the one hand, tungsten concentrate supply continued to increase; For now the market price, the mine is still some profit, so most of the mines remained exploitation; Meanwhile, the market had had a lot of historical inventory and shipments will increase traders, APT wait for the next downstream smelters family have received many miners offer every day.

On the other hand, the downstream market started shrinking, reducing the consumption of tungsten concentrate. Terminal Carbide no longer marketable, small manufacturers and more discontinued, medium-sized manufacturers have cut production run, and many planned maintenance shutdown recent advance; midstream tungsten products smelter family also reduce the operating rate, for example, less than half of the factory operating rate APT, tungsten, iron manufacturers manufacturers started only 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

Tungsten market: This week tungsten concentrate prices are constantly refreshed daily low, demand for light, are less market turnover probability and quantity, as raw material prices continue to decline and deepening environmental policy, APT manufacturer profits are compressed started rates lower, to a certain extent supported APT prices, expected late this week or APT prices hovering at 155,000 yuan mainstream / ton.

Tungsten steel scrap market highs. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-186 yuan / kg, imported scrap tungsten blade 172-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 172-175 yuan / kg waste pure tungsten blocks 200-205 yuan / kg. Early higher offer businesses Hebei region also began to cut, the range of about 2 yuan / kg, but the market volume was declining, businesses receipt actively poor, will ship nor strong.

Waste tungsten material prices remain steady mainstream. Currently 50-70 degrees scrap tungsten concentrate price grinding material between 1.64-1.7 yuan / kWh, 30-40 degrees grinding material concentrated in the 1.4-1.5 yuan / kWh. Given the current market is still in decline Scheelite channel, it is also difficult to sustain strong scrap prices are expected to decline in the short-term outlook is still possible.

Overseas tungsten City continued maintenance of stability. On the 15th evening MB Rotterdam ferrotungsten offer $ 38.5-39.2 / kg tungsten, ammonium paratungstate Europe offer 340-360 U.S. dollars / metric ton, quoted in Hong Kong dollars 358-370 / t degrees, steady. Tungsten City or expected short-term overseas will continue to stabilize.


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