Tungsten market: tungsten, continued weakness in demand, sodium tungstate, ferrotungsten manufacturers still cut production, mostly, and recently resumed production is unlikely, business to the late August tungsten overall not optimistic, think that there is still risk down slightly. Waste tungsten market strong wait-and-see atmosphere, trading atmosphere deserted, the business mentality is poor, low-cost resources still more. Although “ the golden nine silvers ten ” coming, expected short-term waste tungsten market or remain vulnerable to run.

At present, the overall market stability of tungsten in slightly weaker, waste tungsten market strong wait-and-see atmosphere, trading atmosphere deserted, the business mentality is poor, low-cost resources still more. Although “ the golden nine silvers ten ” is imminent, but the downstream demand is still weak, is expected in August or shortly after the continuation of vulnerable to run, 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.


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 terminal demand remains in the doldrums, the merchant does not hope for the late August tungsten, is generally believed that later will continue downward. Although some have a certain scale of APT smelting companies have increased enquiries tungsten concentrate, but are extremely low price, inquiry is now approaching the 100000 mark, shippers this willingness to sell low price. Because the goods dealer inventory cost is too high, the price to sell too many losses, shippers much wait for “ Kim Gu ” come, operating low enthusiasm.

According to the current understanding, 55 degrees in tungsten concentrate inquiry in 100000 yuan / near 65 degrees in tungsten concentrate inquiry in 102000 yuan / ton around, are difficult to purchase goods.


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

Flush Finance has announced hat since late May, the domestic tungsten situation and the stungsten ore price are rising steadily. 65% wolframite and scheelite both rise 1000-1500 yuan / ton at a rate of 1% -1.5%. Currently, the tungsten mining enterprises and traders gradually have a tendency of selling shill phenomenon, which brings difficulties to market procurement difficulties increased.

After a sharp decline since the beginning of April, tungsten ore price already fell to near cost. Due to traders who hold high priced goods and mining enterprises sell to supply tightly, and market holds a stable price.

The tungsten enterprises believe that the June tungsten concentrate price guide published from Ganzhou tungsten Co, Minmetals ended 4 months down for the first time to stabilize. At the same time, the output of tungsten products rise gradually in the first three quarters, and profitability is expected to increase. In a-share companies, Xiamen Tungsten is the largest producer of tungsten and molybdenum products, not only strengthen the main industry simultaneously, but make a prospect of rare earths and lithium materials. Chapter Tungsten is accelerating expansion of the field to the downstream end, setting by the project will help the company raise investment to improve the industrial chain upgrading. The company stock price is lower than the reserve price by about3%.

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