Tungsten market: With the brewing pan-Asian event, APT take the goods market more difficult, smelters home profits are compressed, also led to the purchase of tungsten concentrate market scarce, the purchaser continues to suppress Scheelite and APT inquiry, expected Next week both still downside risk. Ferrotungsten overseas demand continues to slump, prices continued to weaken, near the end of the year, do not hold stocks of businesses optimistic and want to dispose of the goods as soon as possible, to promote overseas ferro-tungsten prices fell.

Waste tungsten drill more goods difficulty walking, mainstream prices continue to weaken, and the waste imported tungsten blade spreads narrowed. At present, the domestic scrap tungsten blade is relatively better demand, prices temporarily holding stability, the mainstream market price excluding tax concentrated in 145-148 yuan / kg, and the waste imported tungsten blade spreads narrowed.

It is understood, Hebei market price of scrap tungsten drill excluding tax fell to 157 yuan / kg, lower distribution market price of Jiangsu and Zhejiang provinces, while the main imports of scrap tungsten blade market is concentrated in non-tax price of 150 yuan / kg from top to bottom. Analysts believe that as the market demand continues to slump, tungsten steel scrap between good and poor feeding material spreads getting smaller, and expect the recent mainstream price or scrap tungsten drill down again, closer to the low turnover.


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 proliferation of pan-Asian event, the raw material procurement will lower tungsten concentrate, APT smelters reduce home profits, reduced enthusiasm for production, causing the tungsten concentrate less on the sluggish market demand, the market price of tungsten ore constantly probing lower.

Scheelite is currently focused on the mainstream market prices 8.2-8.5 yuan / ton, and the mainstream gradually approaching the low range, the analysis is expected to post or has fallen below 80,000 yuan / ton risk.


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

International market: Overseas ferrotungsten demand continues to slump, prices continued to weaken, the latest MB ferrotungsten Rotterdam offer for $ 35-35.25 / kg tungsten, compared with a price decline before the $ 0.5 / kg.

The reason for the decline in prices is demand out of the doldrums, rarely traded, there is one important factor is: near the end of the year, do not hold stocks of businesses optimistic and want to dispose of the goods as soon as possible, so as to improve cash flow at the end of the year, it also contributed to the decline of overseas tungsten iron prices.


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