Export Statistic of Ferro Tungsten in July. 2014, China

Product:Ferrotungsten 72028010
 
Unit:mtUSD
 
Source:China Customs
 
Countries Volume in July Value in July Total Volume through July Total Value through July
Total 21.000 843,441 328.500 13,867,948
Japan 21.000 843,441 327.500 13,818,998
S Korea 0.000 0 1.000 48,950

 

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
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Overseas Ferro Tungsten Price Drooped to the Lowest Level

European ferro tungsten price stood at USD39.7-40.7/kgW, which has fallen to the lowest level in 17 months. What’s more, it marked the first time that FeW price fell below USD40/kgW since March, 2013. The price of last August was USD48-49/kgW.
 
Some sellers offered low numbers, liquidating stock. The offer from China was higher, which was determined by domestic price. But European price was rather low, close to cost line, which suggested resistance to further drop.
 
A ferro tungsten exporter from Jiangxi said that they have yet to receive orders from Japanese customers, and they consumed original inventory for the first time.
 
 
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

 

Inventory and capital double pressure, tungsten prices uplink power

Tungsten downstream market consumption weakness, mine normal start, in the dual pressure of inventory and capital, tungsten prices weak, because shippers sell, the current market of tungsten concentrate temporarily Dimensional stability operation, market wait-and-see sentiment strong.

It is understood, tungsten concentrate 60 degrees above the shippers demand concentrated in the 10.3-10.5 yuan / ton, buyers inquiry concentrated in the 10-10.2 yuan / ton, the actual transaction in tungsten concentrate 55-60 bid for 10.1-10.2 yuan / ton (invoice to pay the whole or the goods to pay more than eighty percent of the money). It is understood, Jiangxi, Hunan all has the smelting factories in 10-10.2 yuan / ton this price purchase dozens of tons, or hundreds of tons of tungsten concentrate.

Read more: Inventory and capital double pressure, tungsten prices uplink power

Chinese Tungsten Concentrate Price Edged Down due to Negative Purchasing

Chinese tungsten concentrate was offered at RMB106,000-107,000/mt (USD17,377-17,540/mt, export duty excluded), as downstream demand was depressed. Some miners with high stock had to drop offer, while others were watchful.
 
A tungsten concentrate miner from Hunan offered RMB109,000/mt (USD17,868/mt, export duty excluded), and only sold materials to Minmetals. Minmetals decreased buying volumes, and real transaction price slipped slightly. It is expected that W concentrates future market would keep steady, and rely on indication floor price next month.
 
 
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 products continue to maintain a stable potential, powder is closer to the high price

Tungsten powder and tungsten carbide market price rise. At present, the actual transaction price of mainstream concentrated in between 254-256 yuan /kg, compared to the previous rose 1 yuan /kg. Low price has decreased, but not the price, price gap narrowed further, there were no obvious improvement, but tungsten concentrate prices stabilize, powder business's price will be stronger, short-term or temporary steady watching.

Steel bars offer still concentrated in the vicinity of 270 yuan /kg, 285 yuan /kg of high purity tungsten rod, tungsten electrode polished rod is 405 yuan /kg, 360 yuan /kg black tungsten rod. Due to lack of tungsten concentrate prices rise, tungsten products business pricing power, price had to continue to maintain stability, lower still on-demand procurement. Expected short-term tungsten products market will continue to maintain a stable potential multi.


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

 

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