Tungsten market: tungsten ore traders lack of confidence, liquidity pressure, shipments will increase. However, final demand is not good, prudent tungsten smelter home operation, strict control of raw materials and product inventory, purchasing Scheelite intention is not strong, and continue to suppress the inquiry, post-tungsten ore market price or steady small drop. Ferrotungsten downstream market demand remained weak, high-speed steel, special materials are rarely smelter recently purchased home, leading manufacturers in recent months ferrotungsten active low, the market overall operating rate. Short-term market is expected to temporarily difficult to improve.

Ferrotungsten downstream market demand remained weak, high-speed steel, special materials are rarely smelter recently purchased home, leading manufacturers in recent months ferrotungsten active low, the market overall operating rate. So far, most of the temporary shutdown of small manufacturers currently no willingness to resume production, the small number of large tungsten iron smelter at home are starting to resume production.

Currently 70 mainstream price of tungsten concentrate iron in 16.6-17 yuan / ton (cash - acceptances), 80C ferrotungsten single market exercise less, the price of the mainstream focus on more than 170,000 points. It is understood, Hunan, a large resume production this week, and immediately received a number of orders, the current 70 base ferrotungsten acceptance offer 169,000 yuan / ton. And Hunan and Hubei Lihong, a large tungsten iron trade reached a cooperation agreement, authorized & ldquo; scale tungsten brand & rdquo; 70 #, 80-C # tungsten iron exclusive distributor in Hubei Huangshi area.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Scrap steel prices decline more than tungsten. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 175-178 yuan / kg, down three yuan; imported scrap tungsten blades and drawing dies 168-170 yuan / kg, down 2 yuan; domestic waste tungsten blade 157-160 yuan / kg, down 1 yuan. Businesses pessimistic attitude, shipping prices have led to an endless stream of low-cost resources on the market, prices are not the lowest, only lower, but the overall volume is still in the doldrums, the market outlook is still optimistic.

Waste tungsten material prices also continued to decline. Currently more than 70 degrees tungsten grinding waste materials concentrated in price between 1.59-1.63 yuan / kWh, 50-70 degrees 1.49-1.59 yuan / kWh, down 0.01-0.03 yuan; 30-40 degrees temporarily remained at 1.39-1.44 yuan / kWh. Currently tungsten concentrate price decline is difficult to stop, along with scrap prices continue to fall, market confidence is very sluggish, short-term market is expected to temporarily difficult to improve.


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Tungsten prices are no longer strong. Currently tungsten steel offer 260 yuan / kg, high-purity tungsten 290 yuan / kg, stumble around 10 yuan. Tungsten and tungsten rod electrodes no significant decline in the market, due to less downstream demand, so businesses will not high prices. Expected short-term or temporary tungsten products prices stabilize.

Tungsten powder and tungsten carbide market vulnerable stability maintenance, currently concentrated in the actual transaction between 244-245 yuan / kg. Due to continued low prices of raw materials such as tungsten concentrate, powder along with business confidence declining shipments will gradually increase prices, low-cost resources are also emerging on the market, the overall market appears vulnerable.

Overseas tungsten City dropped again. 22 MB ferrotungsten evening Rotterdam offer 38.5-39.5 U.S. dollars / kg tungsten, transient stability; paratungstate Europe offer 325-350 U.S. dollars / metric ton, down $ 10-15; Hong Kong offer $ 340-365 / metric ton, down 5-11 USD. Expected short-term overseas tungsten market continues weak



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It is understood that the tungsten market is still less intent to purchase the entire tungsten market continues to weaken. Tungsten ore traders tight liquidity, lack of confidence, some traders rush to ship, repeatedly quoted down, especially scheelite concentrate more obvious cash offer lower margin, 60 scheelite concentrate has now 90,000 low offer. 60 degrees now mainstream scheelite concentrate in 9-9.2 yuan / ton. Is expected to post 55-60 grade scheelite concentrate prices fell below the 90,000 mark for the risk. However, downstream tungsten raw material procurement smelter home care, and a tungsten concentrate prices continued to suppress, Scheelite spot transactions continued stalemate.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: market turnover continued this week, tungsten light, buyers will purchase generally not high, scrap tungsten market is almost fully suspend distribution, offer continuous tentative down, then goods will remain low. Sodium tungstate market continues steady weakening, strong factory very price conscious, foreign offer more stability maintenance, but the actual transaction slow decline. Material outlook or die hard decline.

Tungsten steel scrap prices decline increases. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 178-181 yuan / kg, down 5 yuan; imported scrap tungsten blades and drawing dies 170-173 yuan / kg, down 2 yuan; domestic waste tungsten blade 158-160 yuan / kg, down 4 yuan. Most businesses have stopped receiving, overall trading environment is very quiet. Low-cost resources are emerging.

Waste tungsten material prices continue to fall. Currently more than 70 degrees tungsten grinding waste materials concentrated in price between 1.62-1.66 yuan / kWh, 50-70 degrees 1.49-1.62 yuan / kWh, 30-40 degrees grinding material concentrated in the 1.39-1.44 yuan / kWh. At present, the market is still in the down channel tungsten concentrate, scrap market is difficult to improve market confidence continues to fall, is expected to continue to decline in the short-term outlook is still space.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Due to the recent decline in the price of raw materials is relatively large tungsten concentrate, APT downstream manufacturers purchase very cautious, strict control of raw materials inventory and reduce risk. Tungsten weaker overall market demand continues, from raw materials to waste cash flow Scheelite tungsten market businesses are relatively tight, intermediate tungsten chemical manufacturers also operate actively is not high, and the prices weaken.

It is understood, APT has also been Tandi market price, subject to funding constraints and weak demand constraints, lack of factory operating rate, more wait and see outlook. APT foreign manufacturers offer focused 15.5-15.6 yuan / ton, but the actual transaction price concentrated in 15.3-15.5 yuan / ton. Continue to maintain the production of the factory orders are to find many, but it is the availability of funds is not very satisfactory, although there are orders, manufacturers are still strictly controls the production, under the overall economy, the market downturn, the manufacturers do not want too much inventory backlog.

Sodium tungstate market continues steady weakening, strong factory very price conscious, foreign offer more stability maintenance, but the actual transaction slow decline. It is understood that foreign manufacturers quote at the beginning of 120,000, but the actual transaction are concentrated in the 120,000 yuan / ton, and the turnover is very scarce.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: weekly tungsten City demand continues to slump, market sentiment strong, prudent business operations, multi pause watching the market, tungsten prices gradually stabilized stabilized the situation presented, the current market is still in the down channel tungsten concentrates, scrap tungsten steel Quotes steady weakening operation, the business mentality is gradually weakening, some have stopped receiving, the overall turnover in the doldrums, trading atmosphere deserted. Expected in recent days some tungsten prices or still slipped risk, but the relative magnitude of last week, or will be reduced.

Earlier this week, despite continued weak demand tungsten City, bearish market sentiment strong, prudent business operations, multi pause watching the market, but the overall price of tungsten gradually stabilized stabilized the situation presented. This is mainly through falling in front of ten days, although buyers are still tentative offer down, but this week holding business mentality a bit difference: Some hold stocks subject to financial constraints and other restrictions continue to offer small drop, some hold stocks Suppliers very price conscious enhanced offer mainstream stabilization.

It is understood that 60-degree scheelite quoted in the mainstream 92,000 yuan / ton, the market even now 91,000 lower quote. Post material or will be smaller drops 90,000 yuan / ton, the price of tungsten products in recent days in part or still slipped risk, but the rate will be reduced from the previous week.


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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