There is strong wait-and-see mood in tungsten market, the overall price remains weak, as well as the spot dealing volume is less. Tungsten mines have been exploiting with increasing supply. Smelting factory such as ferro tungsten or APT factory has low production enthusiasm just for deepening environmental awareness and weak demand, besides, the demand of tungsten concentrate is more sluggish. In addition, due to the original inventory in the market, at present tungsten concentrate supply exceeds demand, which have become increasingly serious. The quotation of tungsten concentrate fall little today, and raw tungsten price fall by 0.01 yuan/degree, but tungsten concentrate price decline unobvious, and the high price reduced, the dealing of scheelite concentrate mostly concentrated in 100000 yuan/ton or less.

"The Golden September" is no longer busy season, market confidence has been frustrated, and the shipper will delivery, the purchasers are cautious to buy and push down inquiry just as tungsten price may fall again later. This week it is expected that tungstn market will remain weak, and the dealing price of 60-grade scheelite concentrate will fall to 100000 yuan/degree.

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Tungsten scrap price continues to run smoothly, some offers in Jiangsu and Zhejiang area have been lowered in the range of 1 yuan/ton, basically no high dealing and little low dealing. The mentality of businessmen has weakened. Offers in Hebei province remained steady with no willingness to lower, as tungsten concentrate market is hard to improve in short term, it is expected that tungsten scrap price may fall.

Tungsten market: tungsten market continued weakening, raw tungsten concentrate cargo shipping business increased willingness to hold the purchaser dominant ore prices were weighed again, price slightly lower, with the weakening of the powder market transactions, businesses cut prices wishes began to increase gradually reduced offer, given the current overall market weakness, the downstream waiting to see atmosphere, only part of the on-demand procurement, trading atmosphere deserted. This week or temporarily disadvantaged maintenance of stability, but later there is still a slight decline in danger.

Tungsten market continued to slump, tungsten chemical market downturn, demand continues to slump, profit margins continue to compress smelter home, survive the pressure increases, the manufacturers very price conscious of foreign offer basically remained stable, but the actual transaction strong but difficult, especially successful transaction the cash price decline is more obvious, although the spot market volume was light.

Sodium tungstate downstream market demand continues to slump, most manufacturers pessimistic about the market outlook, but by the cost of support, manufacturers offer a basic stability maintenance, 96% sodium tungstate offer basically concentrated in the 12.4-12.8 yuan / ton (cash - acceptances), APT it is difficult to operate the smelter home reflects, despite a slight decrease in the price of raw materials tungsten concentrate, but the downstream demand remained weak, unmarketable products more than raw materials. It is understood that now APT cash transaction price has completely fallen below the 160,000 mark, the mainstream focus on 158,000 yuan / ton down. However, the actual turnover was Yindie phenomenon, is expected to post the mainstream market quotations or will fall.


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

Guided the organization down this month to make tungsten concentrate price remained low, middle and lower reaches weaker overall market has also come running. With the weakening of the powder market transactions, businesses began to increase willingness to cut prices, offer gradually reduced, given the current overall market weakness, the downstream waiting to see atmosphere, only part of the on-demand procurement, trading atmosphere deserted. Short-term market is expected tungsten products difficult to improve.

Tungsten powder and tungsten carbide prices fell. At present, the main focus in the actual transaction between 249-251 yuan / kg, down from last week about 3 yuan / kg. Tungsten steel offer is still concentrated in the 270 yuan / kg nearby, high-purity tungsten 285 yuan / kg, tungsten electrode grinding rod 405 yuan / kg, due to the scarcity of orders, businesses no intention down, watching the majority.


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: the market overall clinch a deal the cold and cheerless, businesses continue to wait-and-see, careful operation, tungsten prices temporarily weak stability; Tungsten concentrate, APT and tungsten iron smelter foreign quotations are flat, merchants are more cautious buying and selling, markets wait-and-see mood is still continue. Is expected late tentative enquiries or slightly increased, a small amount of clinch a deal or increase, prices stabilised.

The first five drill Taojiang County Park papaya mine construction this year, has once again proven to porphyry-type tungsten ore, estimating and design work for the next mining resources provided further basis. It is the first case of a large porphyry tungsten deposits found in Hunan Province.

Papaya Garden Taojiang County census commercial mining gold exploration project, the work area is located between the rock and the rock dam bridge TAOJIANG rock, the original main minerals as gold. 2012 Hunan Geological Prospecting Bureau 418 after the team undertake exploration mission by conducting preliminary reconnaissance, found in the surface tungsten mineralization information. Project team