Tungsten market: continuing weak demand of tungsten, tungsten, overall product unsalable, tungsten smelting plant is cut or stop production operation, the quotation slightly lowered, waste tungsten market strong wait-and-see atmosphere, trading atmosphere cold, poor business mentality, low-cost resources still more. Inquiry of tungsten concentrate increased, and 50-55 grade inquiry, high grade inquiry less. If this month, August prices are still no measure of tungsten or market stability is weak.

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
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
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Inquiry of tungsten concentrate increased, and 50-55 grade inquiry, high grade inquiry less. Analysis of the main reasons are: on the one hand the smelting ferrotungsten factory production, high quality tungsten concentrate inquiry reduced; on the other hand, APT production requires only 50 grade can, smelting factory in order to reduce the cost, many purchasing 50 grade near.

Shippers more sell market outlook, have certain expectations for September August operation, low enthusiasm, a few funds for cash and a small amount of shipment. Is expected in the short term the ore price or stabilised, clinch a deal is still weak.


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

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.