The latest CMN, Ganzhou Tungsten Industry Association in July to 65% wolframite guidance of 110,000 yuan / ton, unchanged from last month were, following last month's flat, two consecutive months guidance stabilize, it also laid the tungsten market is the recent trend broadly stable based. Today, tungsten ore miner continues to market the sidelines, purchasing and shipping are less market activity is very low, thinly traded. Dragged down by weak demand, is expected to have a significant short-term price rally hard this week, prices or continue to stabilize, 7 months late and even the risk of a slight decline.


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Minmetals other large mining enterprises in July Scheelite forthcoming guidance, estimates are less likely to rise, and tungsten scrap market turnover also performed poorly recently, the business mentality is more confused, and some pessimistic expectations, it is expected that short-term waste tungsten Quotes steady decline may be no shortage.

Tungsten scrap market remains stable mainstream. Currently waste tungsten drill mainstream transaction price excluding tax is still concentrated in the 187-189 yuan / kg, domestic waste tungsten blade 168-170 yuan / kg, imported blade 178-181 yuan / kg, scrap wire drawing dies 179-181 yuan / kg, tungsten grinding waste materials above 70 degrees transaction price is still concentrated in the vicinity of 1.8 yuan / kWh.

Overseas tungsten City steady run. 4 night MB ferrotungsten Rotterdam quote 42.1-43 USD / kg tungsten, ammonium paratungstate Europe quoted 370-380 U.S. dollars / metric ton, quotation 365-370 dollars / metric ton, steady. With the approaching summer break in Europe, overseas demand is gradually weakening, expected short-term overseas tungsten City or temporarily maintain steady trend.


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 market: both the current sluggish external demand, the tungsten market upward lack of support. Recent internal tungsten prices or weaker, but the cost aquiline, businesses lose money cheap shipping will not high, short-term hold stocks or hold stocks wait and see, exercise caution. Tungsten ore market running smoothly, traders reluctant to sell emotions rich, multi-select hold stocks wait. Tungsten scrap market's recent trading performance is also poor, the business mentality is more confused, and some pessimistic expectations, it is expected that short-term shortage of scrap tungsten prices steady decline is possible.

It is reported that a project called "an annual output of 250 tons of electronic extremely hypoxic high purity titanium " put into operation in China in July 1th, 2014. Not only does the high purity titanium fill gaps in the relevant industries and technology, but also break the monopoly of the developed countries in this project.

As a high-end strategic metal material, titanium has lots of characteristics,such as light weight, high strength, corrosion resistance. Titanium metal has always been strategic material for aircraft manufacturing and aerospace industry ,playing an important role in national security and national defense construction . At present, only the United States and Japan can produce high purity titanium in the world. As a high-end metal material, the United States strictly limit its exports to China.

The total investment of the project is 200 million yuan, sales income will be put into 400 million yuan. The project with international advanced technology level, has many advantages of low energy consumption, no toxic emissions. The high purity titanium will promote the transformation and upgrading of China's military, aerospace, medical equipment and other high-end enterprises.



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