Tungsten market: Tungsten terminal needs no breakthrough, downstream tungsten spot transactions difficult, intense price competition, the range offer low or dropping tentative. Carbide products poor sales this year, and its price has been falling, suppress the rise in the price of tungsten powder to some extent. In addition, due to the current market APT inventory is relatively large, slow pace in sales, manufacturers slowed purchases of raw materials, tungsten concentrate turnover is also weak. Currently, the market turnover of 65% tungsten concentrate very little turnover of 50-60% tungsten concentrate prices being stable. Overall, the lack of confidence in the market, two weak sales.

W terminal needs no breakthrough, downstream tungsten spot transactions difficult, intense price competition, interval or tentative offer low dropping this week APT quote or full below 130,000.

Macro level, the first quarter GDP growth is expected at around 7%, the economy is still greater downward pressure; China and South Africa signed a 30 billion yuan bilateral currency swap agreements; Northeast to blow warm air policy.


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Tungsten market: With the publication of guidance prices, weak steady Scheelite tungsten business confidence weakened further, but by the cost of support, hold stocks and smelters very price conscious family are strong, especially traders wolframite very price waiting to see more. This week the city of tungsten tungsten prices are low, but the actual turnover is still deadlocked, many years after the resumption of production of tungsten smelter family has not received the order, a few large smelter started home less overall volume and orders are expected to recent ore price or temporarily weak stability maintenance.

Scheelite weak steady this week, paratungstate prices down. According to monitoring, week 65% wolframite mainstream price around 87,000 yuan / ton, the actual transaction price 85,000 yuan / ton. This week's grades for the APT-0 paratungstate offer about 132,000 yuan / ton, the actual transaction price 130,000 yuan / ton.

This week the city of tungsten tungsten prices are low, but the actual turnover is still deadlocked, many years after the resumption of production of tungsten smelter family has not received the order, a few large smelter started home the overall volume and orders are small. With the increase of wages, environmental protection and other costs, the cost of production of tungsten products are relatively high, then the market demand continues to slump.


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With the publication of guidance prices, tungsten business confidence weakened further, but by the cost of support, hold stocks and smelters very price conscious family are strong, especially very price wolframite traders waiting to see more, or is expected to near ore price temporarily weak stability maintenance.

Macro, today announced the March CPI, rose or two consecutive months at "a time"; Towards third time this year raised the price of oil: 93 gasoline or heavy on 6 yuan; 10 city land sales 153.7 billion in the first quarter down 45%.


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Tungsten market: 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. The Association of tungsten APT, again guided powder weaker business confidence frustrated. This week the price of tungsten or have a small drop. 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.

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.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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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.


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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