Tungsten market downturn continued atmosphere of tungsten concentrate prices dropping slightly again , now close to cost price , focusing on 105,000 / ton. Earnings hold stocks and smelters family are very low , many businesses temporarily offer , not shipped , the market volume was light, wait and see mood strong . Of course , there are some cargo operators because of funding constraints, eager to cash in and sell cheap , so the market presence of a small amount of low turnover .

However , buyers are mostly bargain hunters follow the principles of the market now active inquiry , but the inquiry and more low , buyers and sellers on the price seesaw .

Market analysts believe that the current supply an adequate supply of tungsten concentrate , inquiries also have, but mixed views on the outlook and the two sides deadlocked transactions . Purchaser believes the short-term market was weak and suppress tungsten concentrate inquiry , the Vendor promising tungsten market and offer strong long-term market is expected to short-term absence of external force , which saw the phenomenon is difficult to break , next week, or hard tungsten concentrate a significant improvement in turnover .


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Tungsten is extremely scarce and irreplaceable strategic resource , but also the national economy and national defense irreplaceable foundation of modern materials and strategic resources , manufacturing tungsten carbide known as "dental industry ," Carbide widely in the areas of military, aerospace, machinery processing , metallurgy, oil drilling , mining tools, electronic communications, construction , etc., is the key material tungsten lighting , electronics and other industries. In these applications, has not yet found a direct substitute for tungsten.

Currently, only the world's total proven reserves of tungsten 2.898 million tons , is extremely scarce resources , more than 20 kinds of the world's known tungsten minerals , industrial value only scheelite and wolframite are two, wolframite are quality tungsten ore, scheelite are refractory ores . China 's tungsten resources abundant , accounting for nearly 70% of the world 's proven reserves of tungsten mineral resources , ranking first in the world .

2010-2013 , equivalent to the amount of tungsten concentrate production increased year by year , and reached its highest level in 2013 , tungsten concentrate production was 138,000 tons .

Through the analysis of primary tungsten and "Twelfth Five Year Plan" according to the analysis of waste tungsten tungsten industry, we assume that the future of native producers of tungsten in tungsten concentrate production quota increase of 1% per year , the 2017 Chinese tungsten concentrate equivalent to the amount of production will reach 143,600 tons .

2014-2017 Chinese tungsten ore market analysis research has been mentioned in the report , domestic demand for tungsten basically showing steady growth in the state . Although the impact of the financial crisis is not over , the European sovereign debt crisis is still spreading and so the constraint of global economic development, but the trend of global economic growth will continue, tungsten demand will continue to grow in 2015 , total global demand may up to 83000t, with an average annual growth rate of 4%.


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 market downturn continued atmosphere of tungsten concentrate turnover continued stalemate, despite holding the goods will ship cheap low, dragged down by weak demand , the current market price of the mainstream gradually approaching the low price range , the recent mainstream smooth tungsten market or continue to supplemented by a slight decrease .

Macro level, the spot exchange rate of RMB to new lows, the depreciation of more than 3% since the beginning ; MIIT: serious excess capacity of industry mergers and acquisitions windows began to appear ; April HSBC China PMI data showed a slight improvement in the economy .


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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According to Chinese customs statistics data analysis , in February 2014 Chinese exports to 1,022 tons of tungsten tungsten ( including mixtures ) , a decrease of 31.78% , mainly due to the impact of the Chinese New Year holiday . The first two months of 2538 tons of tungsten exports , an increase of 5.14% . It is understood from the export enterprises, foreign purchases of normal , is still maintaining some of the old customers purchase , purchases have not increased significantly. It is difficult to judge overseas demand has improved, but it does show a growth momentum. January to March is expected to export 4280 tons of tungsten , an increase of 2.5%.

Tungsten can be seen from the number of major export products , APT, tungsten carbide metatungstate and export volume grew , mainly because of improved environmental standards abroad . January-February exports APT477 tons , an increase of 115.92% ; export metatungstate 409 tons , an increase of 304% ; WC 325 tons , an increase of 10.1 %. Tungsten oxide exports still down 1-2 February exports 487 tons of yellow tungsten oxide , down 7.74% ; export 294 tons of tungsten blue oxide , down 3.61 percent .

Judging from tungsten imports , in February 2014 imports 288 tons of tungsten , 1-2 months of imports 695 tons , down 33 % compared to the same period in 2013 . Scheelite tungsten products are mainly imported , accounting for more than 90% of total imports . By weak domestic demand and the impact of oversupply , the first two months of tungsten imports dropped significantly. January to March is expected to import 1,190 tons of tungsten , down 22.3% .

2014 January-February imports 516 tons of tungsten concentrates , which imports 433 tons of tungsten concentrate in Fujian Province , accounting for 84 % of total imports ; Liaoning imported 26 tons , accounting for 5 % of total imports . Guangdong is imported in previous years, the main areas of tungsten concentrate , from January to February this year, almost no imports. Chinese tungsten concentrate imported mainly from Russia, Canada , Rwanda , Bolivia and Vietnam .


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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