Since September Scheelite guide price have come down, the business of "Golden September" Expect nothing, overall confidence in the city along with the weakening of tungsten. Tungsten scrap merchants have no plan to cut prices, offer remained stable, but demand is low, poor turnover, steady potential fear not for long. Expected short-term or temporary stability scrap tungsten market, investors may no shortage of fall, the proposed goods and more businesses may be appropriate low shot.

Tungsten scrap prices remain stable. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 189-190 yuan / kg, domestic waste tungsten blade 169-170 yuan / kg, imported waste and scrap tungsten blade drawing die is still concentrated in the 179-180 yuan / kg. Grinding material purchase price 30-40 degrees W content focused on the 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in the 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh.

Overseas tungsten City continued maintenance of stability. On the 10th evening MB Rotterdam ferrotungsten offer 40-41 USD / kg tungsten, ammonium paratungstate European offer of $ 350-360 / t degrees, the Hong Kong offer $ 358-370 / t degrees, are steady. European summer break ended, overseas downstream demand to be released, the market sentiment gradually improved, trading atmosphere gradually recover, expected short-term overseas tungsten Costco will remain stable trend.


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

Domaestic market: waste tungsten market maintains stable in the domestic market. Current mainstream focused on waste tungsten bit no tax price is 189 to 190 yuan/kg, and domestic waste tungsten blades is 169 to 170 yuan/kg, and imported waste tungsten blades and waste wire drawing die is still concentrated in 179 to 180 yuan/kg. Grinding material W content in 30 to 40 degree of purchasing price is concentrated in 1.45 to 1.5 yuan/degree, 50-70 focused on the 1.55 to 1.65 yuan/degree, over 70 degree concentrated in the 1.65 to 1.71 yuan/degree.

Since in September tungsten concentrate guided price is lower, businessmen donot expect the coming of "golden Sep", tungsten market become weaker overall. Waste tungsten businessman temporarily donot reduce the price, price remained stable, weak demand, however, a deal may not last. It is expected in short-term waste tungsten market is temporary stability, and recommended goods merchants could sell at a low price.

International market: Overseas tungsten market continues to stability. The quotation of MB tungsten iron in Rotterdam is $40 to 41 dollar/kg, European offer of para-ammonium tungstate is $350 to $360 dollar/ton, Hong Kong offer is $358 to $370 dollar/ton, which have stabilized. With the ending of European summer break, overseas downstream demand remains to be released, the market mentality is gradually improving, trading atmosphere is gradually recovery, it is expected that overseas tungsten market maintains steady in short-term.

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
 

On August 29 to 30, 2014, jiangxi tungsten holding group and central south university have a talking about a comprehensive strategic cooperation and have reached an agreement in JingAn hot spring resort.