At present, the overall situation of tungsten stable slightly vulnerable, waste tungsten market strong wait-and-see atmosphere, trading atmosphere cold, poor business mentality, low-cost resources still more. Although the golden nine silvers ten “ ” coming, but the downstream demand is still weak, the market outlook is expected in August will continue to run or weak, suggest goods business amount of goods, need the amount of goods at the end of the month. Expected short-term waste tungsten market or remain vulnerable to run.

Waste tungsten prices temporarily stabilized wait-and-see. At present, the waste tungsten bit is not including tax price concentrated in the mainstream 188-189 yuan /kg, domestic waste tungsten blade 168-170 yuan /kg, imports of scrap tungsten blade 178-180 yuan /kg, scrap wire drawing die 1780-180 yuan /kg. Waste tungsten grinding material 30-40 traders purchase price concentrated in the 1.45-1.5 yuan / degrees, 50-70 degrees concentrated in the 1.55-1.7 yuan / degrees, 70 degrees or more concentrated in the 1.7-1.75 yuan / degree.

Overseas, the transient stability of tungsten prices. 8 evening MB Rotterdam quotation for 40.5-41 dollars / kg tungsten, ammonium paratungstate European price 360-370 USD / ton, Hongkong price 361-370 USD / ton, to continue the steady. The European market demand is still weak, the overall trading atmosphere deserted, but the summer holiday is coming to an end, the market mentality is gradually improving, expected short-term overseas tungsten or run steady.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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Tungsten market continued weakness in demand: Tungsten terminal, guiding the price fell, shippers hand inventory cost is high. Tungsten market this week stable and slightly lowered. Downstream tungsten smelting enterprises product unsalable, production operation, but with the current material tungsten prices hit bottom, manufacturers want hunters buy tungsten, tungsten market leads to low increase in inquiries, but the actual transactions remains weak, waste tungsten market atmosphere has been deserted, low-cost resources to further increase. Because the mind differences, businessmen price slightly high price confusion, poor widened, expected short-term tungsten, or experienced based.

Geneva time on August 7th, the World Trade Organization (WTO) announced American, EU, Japan Chinese rare earth, tungsten, molybdenum litigation related products export management measures case (hereinafter referred to as "the rare case") the Appellate Body report. The appellate body to maintain the WTO expert group on the Chinese product export tariffs, export quota measures do not comply with the relevant WTO rules and China joined the WTO commitment award.

A number of the industry to the twenty-first Century economic report reporter said, because it has long been expected, so the decision has little effect on the market. Professor, University of International Business and Economics law school Chen Weidong Academy of China part-time researcher WTO said, resources tax to replace or will be abolished export tax scheme, has been studied for a long time, but has not yet been introduced.

Continued weakness in demand for tungsten terminal, guidance prices also fell, buyers were continued stalemate, tungsten concentrate market this week stable and slightly lowered. Downstream tungsten smelting enterprises product unsalable, production operation, but with the current material tungsten prices hit bottom, manufacturers want hunters buy tungsten, tungsten market leads to low increase in inquiries, but the actual transactions remains weak, it is expected that the recent market mainstream price still lower risk, but limited range.

Shippers hand inventory costs are higher, the current price of shippers will ship is still low, shippers much hope in the traditional peak season "golden nine silver ten", the current difficulties in the capital turnover and forced to small unless the goods now, hold the goods market, under the support of tungsten concentrate prices decline, the mainstream.


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