Agency quoted sharply lower, tungsten rich businessmen bearish sentiment

Tungsten market: With the sharp decline in December institution guided and tungsten rich merchants bearish sentiment, market cash flow even more tense, tungsten ore spot market volume was light, although very price conscious smelter home strong, but the turnover constantly dropping, due to raw material prices continued to slump, tungsten steel scrap traders to avoid risks and prudent operation, resulting in difficult spot purchases, is expected to post tungsten offer will gradually reduced.

Read more: Agency quoted sharply lower, tungsten rich businessmen bearish sentiment

Due to raw material prices continued to slump, tungsten scrap traders caution

Due to raw material prices continued to slump, tungsten steel scrap traders to avoid risks and prudent operation, resulting in difficult spot purchases, alloy plant waste-demand procurement price but edged blade tungsten, tungsten steel scrap the entire offer relatively strong, and there is no as raw material market slump.

It is understood that the price of scrap tungsten drill focused on the 151-154 yuan / kg; tungsten scrap import prices blade concentrated in 153-156 yuan / kg, due to a slight increase in demand, the big traders less active market, receiving more difficult, alloy manufacturers of imported scrap tungsten blade partially receipt final price high to 160 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

Tungsten market liquidity tight, cautious buyers and sellers operate

Tungsten market: Tungsten tighter market liquidity, both buyers and sellers operating cautious market sentiment strong tungsten concentrate, APT, such as tungsten smelter near future are not cash, is still outside the inquiry, however Scheelite hold stocks of non-cash no shipping, spot little turnover. Waste tungsten fast cash in circulation, coupled with the large traders in the hands of large quantities of goods difficult to walk, and the prices continue to decline, small traders operating cautious by sluggish demand and funding constraints double oppression expected tungsten concentrate prices will continue to fall, late tungsten price or continue to decline.

Read more: Tungsten market liquidity tight, cautious buyers and sellers operate

Inquiry tungsten ore and lower double quotes, businesses operating loss motivation

With the guidance prices sharply lower in December agencies, businesses operating enthusiasm subsided, ore prices have challenged the edge cost line, holding business profit is very low, even in the face upside down, so hold stocks outside offer low motivation this week, and quotes relatively strong, eager to cash unless the ease the financial pressure, and a small amount of low turnover, tungsten ore spot market volume was light.

Tungsten ore inquiry and offer dual lower price without tax 60 wolframite concentrate on 1.05-1.1 yuan / kWh, and less than the low spot transaction turnover. Downstream of tungsten concentrate smelter home purchase less willingness Scheelite demand weakened for two main reasons: ① downstream tungsten smelter home start low; ② more bearish on the market outlook, caution; ③ With the New Year approaching, liquidity is more intense, the manufacturers do not want to spend money on materials prepared in advance; ④ tungsten downstream market itself sluggish demand.


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

Waste tungsten blade needs change for the better, and traded slightly higher

Increased demand for scrap tungsten insert in recent days, the spot is circulating faster, plus large traders in the hands of large quantities of goods difficult to walk, and the prices continue to decline, small traders operating cautious, carbide manufacturers demand procurement more difficult, the more demand more waste tungsten blade slightly raise the price so the price.

It is understood that the price of scrap tungsten blade domestically focused 146-148 yuan / kg, the price of scrap tungsten blade imported concentrated in 155-158 yuan / kg (CNC blade), the price of scrap tungsten drill 154-157 yuan / kg. Originally imported scrap tungsten blade scrap prices are generally lower than the price of tungsten drill, then drill tungsten scrap demand continues to slump, the current tungsten scrap import prices have slightly drill blade.


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

 

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