The domestic economy continues to slump, the actual demand of tungsten market continued weakness, this drag, this week in tungsten concentrate prices again fell slightly, mainly reflected in the white tungsten concentrate prices, wolframite concentrate because of less cargo, shippers sell and slightly strong. At present, the tungsten market more bearish, mostly wait-and-see, cautious operation, is expected to market of tungsten concentrate short-term or temporary vulnerable.

Recently, tungsten market turnover is more concentrate of scheelite, wolframite concentrate little trading. It is understood, the purchaser of Scheelite Concentrate inquiry price is 100000 yuan / ton, half in cash 101000 yuan / ton, shippers foreign quoted price is 103000 yuan / ton, sell the wait-and-see buyers and sellers, not a sign of weakness, clinch a deal the stalemate. It is understood now prices scheelite concentrate more concentrated in cash 101000 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Due to the recent tungsten concentrate prices continued to decline, leading to scrap market strong, prices start to decline, but the current market turnover. Expected short-term waste tungsten prices or transient stability at.

At present, the waste tungsten material prices fell slightly. The content of W 30-40 of grinding material purchasing price is still concentrated in the 1.45-1.5 yuan / degree, transient stability; 50-70 concentration in the 1.55-1.65 yuan / degrees, 70 degrees or more concentrated in the 1.65-1.71 yuan / degree, fell 0.02-0.04 yuan / degrees. Waste tungsten bit is not including tax price concentrated in the mainstream 188-190 yuan /kg, domestic waste tungsten blade 168-170 yuan /kg, imports of scrap tungsten blade 178-180 yuan /kg, scrap wire drawing die 178-180 yuan /kg. The drill bit market slightly stronger, some merchants offer up trend, other varieties was relatively 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
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Tungsten market demand continues to weaken, and tungsten smelting have to continue to cut offer, tentative order to get success. But the volume is still scarce, demand has been slow to impress,which expected short-term domestic market is still weakening operation.
 
Macro aspect, northeast China reported national 35, some provinces and cities are expected to issue bonds; Ministry of the second batch will eliminate 3 million tons of steel capacity; 6.7 trillion involved, more than 20 provinces and cities designated state-owned assets reform roadmap.

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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Recently, the Ministry of Land and Resources issued "on land and resources issued 2014 annual total volume control quotas for rare earths tungsten ore mining notice, issued 2014 mines (rare earth oxide REO) mining control index for a total of 105000 tons from tungsten concentrate (tungsten trioxide content 65%) total volume control quotas for 89000 tons of production, distribution of jiangxi tungsten ore mining index is 37750 tons, accounting for 42.42% of the total national index, the total in the country first.

According to the arrangement of notification, the competent department of the Ministry of Land and Resources in Jiangxi province will do a job in index decomposition and issued within 30 working days, which will be the province (area) index allocation issue, announcements, and be submitted to the Ministry of Land and Resources for the record. The competent department of the of Ministry of land and resources at the county level will be signed with the mining enterprise responsibility, clear rights and obligations and liability for breach of contract. The mining right person shall seriously implement the system of rare earth monthly and tungsten quarterly, timely, accurate and standard to carry out online newspaper.

In the notice also states that before June 30, 2015, in addition to the following conditions, stop accepting new rare earth ore and tungsten ore prospecting, mining registration application.

One is the key project approved by the state council and the use of the central geological exploration fund or provincial-level special financial funds to carry out the study, census and necessary detailed survey projects;

Second is large rare earth enterprise groups designated by the state in accordance with the "total amount control of exploitation, mining store balance" the requirements of the rare earth mineral exploration and mining projects;

Three is determined according to the provincial mineral resources development integration scheme of the integration of the mining area, the existing mining right, the need to integrate the mineral exploration right;

Four is the existing mining enterprise within the scope of resources in the mining right, cannot normal production in the project and apply for use original production system to expand exploration of mining areas adjacent to the area; Five is according to the central regions economic support policy, the ministry of land and resources with the relevant people's governments of provinces (area) signed an agreement to support key construction projects;

The central government to the shall support the destitute areas determine direction of support poverty alleviation and development, need to focus on supporting the construction of the project; Six is in line with national industrial policy, mining right setting scheme and mining of mineral resources planning, total amount control requirements, requirements and specifications of the people's government at the provincial level, the need to give support for the construction of the project.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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