Tungsten market: tungsten market conditions weaken, waste tungsten market is almost no market price, the market will purchase low, constant pressure inquiry now than before the holiday price fell about 5 yuan / kg, APT, tungsten, iron, and other manufacturers profit low, so the external offer is not active, resulting in significant raw material tungsten concentrate prices are expected to continue short-term outlook or slightly downward.

Carbide tool production is the future direction of development of the tool industry, the export tax rebate standards continue to improve, indicating that state support for carbide cutting tools business to a certain extent.

Our main tool production speed steel cutting tools and carbide cutting tools. Since the production of high-speed steel cutting tools cost a lot of resources, and low-end products, low prices, the industry will not encourage this. However, due to the demand of domestic machinery manufacturing industry, and yet the transformation of domestic enterprise technology tools, most domestic enterprises are still the tool to produce such tool-based, while exports are also great.

Last year, our tool exports $ 800 million, most of them are high-speed steel, carbide cutting tools only a few thousand yuan. Structure of exports of such products, but also one of the factors leading to international trade friction. Although the United States, Germany and other developed countries to China has not been a significant response tool, but some countries are Spain and South America boycott the event occurred.

In this year's few export tax rebate policy adjustment, the export tax rebate rate of carbide cutting tools and other products 5% to 11%, for the enterprise, its significance is not just to increase profits so simple. With the country's support and their own faith, believe in the future tool in the international marketplace more competitive.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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2014 January-August, non-ferrous metals industry in Sichuan province affected by overcapacity, leading to the obvious contradiction between supply and demand, lack of market demand, prices fell sharply, continuing economic decline.

First, the basic situation of the industry run

(A) primary product production continued to decline, the steady growth of deep-processed products. According to the provincial Bureau of Statistics data show that from January to August 2014, the province's non-ferrous metal industry enterprises produce 10 kinds of nonferrous metals accumulated 446,000 tons, down 8.86%. Among them, the cumulative production of 290,000 tons of electrolytic aluminum, down 23.69%. Cumulative production of 15,600 tons of electrolytic copper, an increase of 174.01%. Cumulative production of 136,800 tons of electrolytic zinc, an increase of 33.46%. Non-ferrous metal processing products continue to maintain growth. Province's total copper production of 33,800 tons, an increase of 47.21%; cumulative production of 499,400 tons of aluminum, an increase of 23.54%.

Since this year, polysilicon prices gradually rise, production tends to be better, January-August cumulative production of 11,026 tons of polysilicon, an increase of 276.5%. January-August cumulative production of tungsten carbide, tungsten and molybdenum products, tungsten and molybdenum compounds and hardfacing material is 6179 tons, down 15.41 percent.

(B) the economic benefits continue to fall. According to the provincial Bureau of Statistics data show that from January to August 2014, the province's non-ferrous metal industry enterprises above designated size industrial output value 64.5 billion yuan, an increase of 1.48%; profits 3.2 billion yuan, down 13.73%; profit of 1.591 billion yuan, up decreased 20.02%.

Two, there is a major problem

(A) market demand, product sales flat. Affected by market demand, product demand dropped significantly, from January to August non-ferrous metal industry sales rate was 94.37%, down 1.49 percentage points.

(B) the main product prices running low. In addition to aluminum prices rose slightly compared with last year outside (currently reached 14,300 yuan / ton), other products such as copper, lead and zinc prices remain low run.

(C) the lack of a large project support, resulting in insufficient development potential non-ferrous metal industry.

Third, the measures and recommendations

Actively guide the docking upstream and downstream industries, related industries, the depth of cooperation, integration and development, expansion of product applications, extend the industrial chain, and effectively resolve overcapacity, promote structural adjustment and transformation and upgrading of enterprises.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: National small holiday just ended, the entire tungsten market is little turnover, demand continues to slump, guided down, low APT, tungsten, iron, and other manufacturers profits, so external offer is not active, tungsten concentrate prices of raw materials led to the current comparison obvious. But APT and other tungsten products temporarily disadvantaged stability maintenance, late or still slightly lower price. Tungsten market low-cost resources currently spent more businesses continue to cut prices will weaken, so the market temporarily stabilized, but in view of part of the business for the second half of tungsten City market are not high hopes, so scrap tungsten recent market or difficult to improve.

National small holiday just ended, the entire tungsten market is little turnover, continued weak demand, APT, tungsten, iron, tungsten products manufacturers low profits, lack of confidence, foreign offer is not active, this price will undoubtedly generate a certain degree of support, most of this week, more than the price of tungsten products temporarily disadvantaged stability maintenance.

It is understood, APT plant shutdown increase, APT increased pressure on manufacturers to survive, currently concentrated in the 15.6-5.7 APT cash offer yuan / ton, sodium tungstate concentrated in cash 123,000 yuan / ton, the market volume was light. The reasons are: First, less downstream Carbide procurement requirements; Second, the government even more in-depth environmental rectification, manufacturers were forced to stop production; Third, some small manufacturers cash flow difficulties; fourth major tungsten enterprises and institutions early October has just been published all guided lower, inadequate business confidence.


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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Currently tungsten scrap market decline has slowed, but the tungsten concentrate and tungsten chemical products still in the down channel, the overall weak pattern has not changed. Tungsten market low-cost resources currently spent more businesses continue to cut prices will weaken, so the market temporarily stabilized, but in view of part of the business for the second half of tungsten City market are not high hopes, so scrap tungsten recent market or difficult to improve.

Tungsten steel scrap market stabilized temporarily stabilized. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-187 yuan / kg, imported scrap tungsten blade 173-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 178-179 yuan / kg waste pure tungsten blocks 203-213 yuan / kg. Height scrap tungsten materials 1.68 yuan / kWh, low material about 1.49 yuan / kWh.


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: River tungsten, tungsten Association October Ganzhou Scheelite offer down again, resulting in an overall confidence tungsten City once again frustrated, tungsten ore prices are dropped 102,000 yuan / ton, then the price is still higher than the actual transaction price market once again hit the market this on low confidence, almost two days there was no transaction, the merchant does not hold for the second half of tungsten City expectations, recently spent more than tungsten market downtrend will remain slow, weak short-term market is expected to run.

Yesterday afternoon, the river tungsten, tungsten Association Ganzhou, China Minmetals have been put quotation October, the three 65-grade wolframite offer all fell to 102,000 yuan / ton, despite the decline vary, which again would give this depressed strike a heavy blow to the market, business confidence fell to a low of late 2014 tungsten City does not hold expectations.

102,000 yuan / ton, the offer is still higher than the current actual market price, it is understood the vicinity of the current 60-grade wolframite transaction price is slightly lower 100,000 yuan / ton, 55-60 grade scheelite concentrate prices in 9.6-9.7 yuan / ton, and the price the market still did not demand, two days almost no turnover.


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

Yesterday, Minmetals, tungsten Society, guided further reduced, resulting in an overall confidence tungsten City once again frustrated, some businesses that do not hold for the second half of the market has been expecting, the recent scrap tungsten market is expected to remain slow and more downtrend. Tungsten scrap material prices fell slightly. Low-grade material than before the holiday fell about 0.01 yuan / kWh, the height of the material fell 0.02 yuan / kWh.

Tungsten steel scrap prices continue to fall. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-187 yuan / kg, imported scrap tungsten blade 173-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 178-179 yuan / kg waste pure tungsten blocks 203-213 yuan / kg, down 1-3 yuan. Relatively slow decline in Hebei, Jiangsu and Zhejiang provinces but growing low-cost resources, or have a larger business mentality in the doldrums, converting short-term market vulnerable to reverse.

Overseas tungsten City mixed. On the 8th evening MB Rotterdam ferrotungsten offer 38.5-39.2 U.S. dollars / kg tungsten, down $ 0.85-1.3. Paratungstate European offer 340-360 U.S. dollars / metric ton, steady. Hong Kong offer $ 358-370 / t degrees, exploration $ 3 on low. Overseas demand for slow release, but did not improve the overall turnover and, therefore difficult to stabilize the market operation, expected short-term overseas tungsten Costco will continue to narrow adjustment.


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: Today is the first day after a small holiday, tungsten market as a whole with little turnover, the market demand continues to slump, October Scheelite oversupply phenomenon converting a significant improvement in downstream tungsten iron, APT and other smelter enthusiasm for production or still low, but financial constraints in the market and higher raw material costs of support, the manufacturers very price will is strong, it is also a greater resistance to falling prices, is expected in October tungsten City or continue to decline, but the decline would have narrowed.