Demand for tungsten did not improve, the market is in a state of wait-and-see. Buyers and sellers continue to be in a stalemate game, although downstream smelting plants are active to look for supply of  tungsten in order to prepare for later production, the purchasers go on lowering quotation. nowadays, the inquiry is in the range of 100000-102000 yuan/ton.

For the end of the month is coming, the suppliers are reluctant to sell out, quotation for foreign countries is over 103000 yuan/tons. on the one hand, the suppliers are eager to the coming of traditional peak season--gloden Sep,  on the other hand, they are looking forward to the quotation from association of tungsten and the leading tungsten companies in early September. It is expected that at the end of August tungsten market will continue to be stable, and tentative quotation and enquiries will increase slightly increased, but the volume is not much.

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
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Tungsten concentrate prices did not continue to fall, waste tungsten material business mentality by supporting, market purchase volume increased, expected short-term market continue to stabilise. Tungsten steel scrap prices relatively strong. At present, the waste tungsten bit is not including tax price concentrated in the mainstream 189-190 yuan /kg, domestic waste tungsten blade 168.5-170 yuan /kg, imports of scrap tungsten blade and waste wire drawing die is still concentrated in the 178-180 yuan /kg. The content of W 30-40 of grinding material purchasing price concentrated in the 1.45-1.5 yuan / degrees, 50-70 degrees concentrated in the 1.55-1.65 yuan / degrees, 70 degrees or more concentrated in the 1.65-1.71 yuan / degree.

Overseas tungsten, stability is still down. 22 evening MB Rotterdam quotation for 39.7-40.7 dollars / kg tungsten, stable; ammonium paratungstate European price 360-370 USD / ton, stable; Hongkong price 358-370 USD / ton degree, low down $2. The European summer holiday is coming to an end, the overseas market demand to be released, although trading atmosphere not heating, but fell shortly after the resistance will gradually increase, expected short-term overseas market become more stable.


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 demand has not improved, the market wait-and-see sentiment strong, both continuous game, contract impasse, although the downstream smelting factory actively sourcing preparing for later production, but the purchaser to continue down the inquiry, the inquiry that lingers in the 10-10.2 yuan / ton range.

Shippers, because near the end, sell mentality more concentrated, foreign quotation generally strong in the 103000 yuan / ton. Shippers hand have together look forward to the traditional peak season Kim Gu, on the other hand is looking forward to early September tungsten Association and Minmetals guide price. Is expected at the end of 8 tungsten market or continued calm, tentative enquiries quotations, or slightly increased, but were not.

Domestic economy continues to slump, and the actual demand of tungsten market is still weak, so that tungsten concentrate prices fell again this week, mainly reflected in the price of white tungsten concentrate, black tungsten concentrate is slightly strong for it is rare and the grocers are reluctant to sell out. At present, a lot of tungsten market participants are negative to the late market, and hold the attitude of wait-and-see. It is expected that tungsten concentrate will still be weak in a short term.

Recently, tungsten market deal focus on white tungsten concentrate, not black tungsten concentrate. It is reported that the quotation of white tungsten concentrate from purchaser is 100000 yuan/ton for cash, 101000 yuan/ton in a half month. Foreign offer from grocers is 103000 yuan/ton, buyers and sellers are in a stalemate. As we have learned that  dealing price of white tungsten concentrate is cash 101000 yuan/ton.

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