With the increase of wages, environmental protection and other costs, the cost of production of tungsten products are relatively expensive, but then the market demand continues to slump, difficult to sell on price, smelters and traders profit family are very weak, and the Association of tungsten APT, powder guide price again weakening business confidence frustrated, tungsten prices this week or have a small drop.

Macro level, the State Department clearance fees, price reform, tax cuts "emergency" real economy; heavy economic data to be released tomorrow, March CPI rose by 1.4% expected; retail price of gasoline and diesel will welcome third time this year to rise.


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Ganzhou Tungsten Industry Association April tungsten market forecast price: wolframite 86,000 yuan / ton mark, APT13.3 yuan / ton, the particles 215 yuan / kg (Ganzhou APT processing business is not low fees at 12,000 yuan / ton).

The March for forecasting price in: wolframite 86,000 yuan / ton mark, APT13.5 yuan / ton, the particles 219 yuan / kg. Concentrate steady, APT and powder down.

Industry analysts believe that the tungsten concentrate prices steady guidance that reason, but also in the unexpected. Concentrate in the first quarter of the successive rise, making downstream tungsten iron manufacturers reduce procurement; coincides with the Chinese New Year holidays and steel maintenance, resulting in sluggish market demand; therefore most of the manufacturers to stop production and consumption of inventory based. So concentrate price gains difficult to continue, April steady. But for tungsten iron manufacturers, the start is still to fully recover, so procurement is still in the doldrums; although the downstream steel prices have been warming trend, but the price of raw materials prices down severely. So ferro-tungsten prices continue to decline, the overall order-based production operations, reduce inventory risk.


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Tungsten market: China Minmetals tungsten concentrate price guide issued in April. Now 65% of wolframite offer 86,000 yuan / ton mark, 65% scheelite offer for 85,000 yuan / ton mark, prices were flat compared with March guidance, business confidence frustrated that April has no hope. Downstream manufacturers of alloy steel scrap tungsten purchase less, traders passive operation, waste a little bit of tungsten market, but buyers try to suppress the price, in order to reduce risk, tungsten scrap merchants are generally not optimistic. The actual transaction is expected tungsten ore, tungsten or relative prices fell slightly last week.

Downstream manufacturers of alloy steel scrap tungsten purchase less, traders passive operation, CNC blade and blade are no longer marketable domestic waste a little bit of tungsten market, but buyers try to suppress the price, in order to reduce risk, waste tungsten drill purchase price is currently only concentrated in the 155-156 yuan / kg, tungsten scrap merchants are generally not optimistic that the April market or steady weakening slightly.

Waste material grinding tungsten market demand is relatively weaker downstream tungsten, tungsten powder and tungsten smelter try to drive down the purchase price of the home, more and more low-cost supply of small purchases, research learned that more than 50 degrees of waste materials mainstream grinding tungsten concentrate at 1.1 yuan / kWh, some low-cost near as low as 1.05 yuan / kWh.


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China Minmetals just announced yesterday, April and March were flat tungsten concentrate price guide, now 65% wolframite offer for 86,000 yuan / ton mark, 65% scheelite quoted at 85,000 yuan / ton mark, business confidence frustrated that there is no hope in April, is expected to actual transactions tungsten ore, tungsten or relative prices fell slightly last week.

Macro level, the introduction of more "along the way" docking projects, infrastructure investment over trillion; the middle reaches of the Yangtze River City Group planning approval, is expected to leveraging trillion investment in infrastructure; the first quarter economic data expected to be lower than expected.


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Overall sluggish demand for tungsten, tungsten-based products on the market are sluggish performance by financial tensions and overstock serious dual constraints, tungsten concentrate prices were slightly lower, price is also slightly lower. Since early April the new round of guided upcoming week, market sentiment strong tungsten, tungsten little enthusiasm for the business operations, cash market turnover is rare.

It is understood that 55 degrees wolframite mainstream market price 82,000 yuan / ton, 60 degrees above the market price of the mainstream in wolframite 8.3-8.4 yuan / ton, compared to last week's 8.4-8.5 ten thousand yuan / ton again frustrated.


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Tungsten prices weak stability maintenance, thinly traded stock, insiders low operating actively, more wait and see, the market is expected in the first week of tungsten or disadvantaged maintenance of stability after the main festival, April guide price or because of lack of support and the upstream weakness. Because the market is still on the traditional shopping season in May have certain expectations that guided April possibility of stabilization is also quite large.

Recent overseas tungsten prices were mixed, paratungstate European prices continued to decline, falling $ 5 last week the average price / ton degrees; ferrotungsten offer continued slightly upward, tungsten, iron Rotterdam price up $ 0.24 / kg. Outside paratungstate prices continue to fall due to: on the one hand to improve the delay in overseas demand for tungsten, on the other Chinese domestic prices paratungstate hard strong, export price lower.


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Tungsten Market Quotes: Quotes tungsten weak stability maintenance, thinly traded stock, insiders low operating actively, more wait and see, since early April a new round of guided upcoming week, market sentiment strong tungsten, tungsten small businesses operating enthusiasm spot market transactions scarce. As end demand has not yet been improving tungsten, tungsten degree of tension growing capital city, tungsten smelter walking home goods more difficult and require more cash settlement of transactions, the spot market performance deserted. Tungsten market is expected is expected in the first week after the festival main holding stability or disadvantaged.

Irish engineering group Mincon Group has acquired tungsten carbide manufacturer Marshalls Hard Metals Limited for an undisclosed cash sum. Under the deal, the business and assets of Marshalls have transferred to a new company, Marshalls Carbide Limited. The business recorded revenues of around ￡4.25 million in the 12 months to the end of December 2014. Mincon accounted for about 20 per cent of the company’s sales last year.

The Irish group, which specialises in the design, manufacture, sale and servicing of rock drilling tools and associated products, said Marshalls would continue to trade from the same premises and there would be “minimal disruption”. Marshalls currently employs 46 people.




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Tungsten market: tungsten prices after the first two weeks of continuous decline slightly for two days and gradually stabilized, smelters home very price conscious of tungsten small businesses operating enthusiasm, many market participants wait wait guided introduction of more specific operations, expected today tungsten or mainstream maintenance of stability, individual manufacturers offer high tungsten small drop.
 
Molybdenum market: molybdenum revenue reserves this year than last year to shrink slightly, so the market is limited by its boost, on the market there are real hard drive. Molybdenum concentrate and ferromolybdenum have increasingly low price signs, bearish market sentiment, short-term market steady weakening is expected to run.