Tungsten market continued to slump, tungsten chemical market downturn, demand continues to slump, profit margins continue to compress smelter home, survive the pressure increases, the manufacturers very price conscious of foreign offer basically remained stable, but the actual transaction strong but difficult, especially successful transaction the cash price decline is more obvious, although the spot market volume was light.

Sodium tungstate downstream market demand continues to slump, most manufacturers pessimistic about the market outlook, but by the cost of support, manufacturers offer a basic stability maintenance, 96% sodium tungstate offer basically concentrated in the 12.4-12.8 yuan / ton (cash - acceptances), APT it is difficult to operate the smelter home reflects, despite a slight decrease in the price of raw materials tungsten concentrate, but the downstream demand remained weak, unmarketable products more than raw materials. It is understood that now APT cash transaction price has completely fallen below the 160,000 mark, the mainstream focus on 158,000 yuan / ton down. However, the actual turnover was Yindie phenomenon, is expected to post the mainstream market quotations or will fall.


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: the market overall clinch a deal the cold and cheerless, businesses continue to wait-and-see, careful operation, tungsten prices temporarily weak stability; Tungsten concentrate, APT and tungsten iron smelter foreign quotations are flat, merchants are more cautious buying and selling, markets wait-and-see mood is still continue. Is expected late tentative enquiries or slightly increased, a small amount of clinch a deal or increase, prices stabilised.

Guided the organization down this month to make tungsten concentrate price remained low, middle and lower reaches weaker overall market has also come running. With the weakening of the powder market transactions, businesses began to increase willingness to cut prices, offer gradually reduced, given the current overall market weakness, the downstream waiting to see atmosphere, only part of the on-demand procurement, trading atmosphere deserted. Short-term market is expected tungsten products difficult to improve.

Tungsten powder and tungsten carbide prices fell. At present, the main focus in the actual transaction between 249-251 yuan / kg, down from last week about 3 yuan / kg. Tungsten steel offer is still concentrated in the 270 yuan / kg nearby, high-purity tungsten 285 yuan / kg, tungsten electrode grinding rod 405 yuan / kg, due to the scarcity of orders, businesses no intention down, watching the majority.


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

The first five drill Taojiang County Park papaya mine construction this year, has once again proven to porphyry-type tungsten ore, estimating and design work for the next mining resources provided further basis. It is the first case of a large porphyry tungsten deposits found in Hunan Province.

Papaya Garden Taojiang County census commercial mining gold exploration project, the work area is located between the rock and the rock dam bridge TAOJIANG rock, the original main minerals as gold. 2012 Hunan Geological Prospecting Bureau 418 after the team undertake exploration mission by conducting preliminary reconnaissance, found in the surface tungsten mineralization information. Project team