12 months late ferrotungsten overseas market demand continues to slump, but the stock is relatively abundant, although Chinese domestic tungsten iron smelter at home most of the cut-off, less exports, overseas market is still oversupply tungsten iron, tungsten, iron overseas prices are lower pressure, and the inquiry is a small market volume and the market price has been reduced.

With Christmas approaching, the European financial markets were closed two days last week and a half, the London Metal Exchange, December 24 日 (On Wednesday) trading for a long time (local time 12:30 / 20:30 GMT closing), 25 and 26 closed , 27 and 28 are closed on weekends, during the metal Bulletin MB English and European strategic pause small metal quotations are sent.


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Although tungsten ore prices continued to run low, but reluctant to sell goods holders sentiment strong, shipments will reduce, for two main reasons: ① With the weather starting to turn cold, and some high elevation snow covering the mine has been low, Jiangxi, Hunan and other winter also increased the difficulty of mining, mine stopped mining increased; ② some of mine get some financial support, not this lack of funds, at the moment ore prices almost bottomed out, sell low willingness of foreign offer more strong; ③ Scheelite trade the hands of the stock more inventory is high, thanks to the current shipment of this, businesses that bank lending in January or eased, or will ease the financial pressure, then attempt to revitalize the then capital, reduce losses, and therefore traders to ship by the end of December willingness low.

Analysis is expected to: shipments will hold stocks because low, and the high cost of production of tungsten ore support, tungsten concentrate prices or temporarily stabilized.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: the weather turns cold, mine discontinued increase, coupled with the introduction of some new capital investment in the mine, they will not lack of funds, so in the moment ore prices almost bottomed out, reluctant to sell mine darker emotions, and offer more strong, buyers and sellers on the prices continued stalemate, the overall stock market volume was light, because the materials tungsten concentrate prices continue to decline, the market outlook is uncertain, so the tungsten scrap traders cautious, low market activity, watching the atmosphere rich. Ore price or expected short-term stabilization.

Molybdenum market: New Year's Day approaching, market participants are mostly uninterested, some just need to repeatedly postpone buying, etc. For the next week and then determine whether to cover short positions, showing that the market fears darker. Short-term market is expected to remain stable temporarily sidelines pattern.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten scrap market is relatively stable this week, the overall stock market volume was light, as raw material prices continue to decline Scheelite, market outlook uncertain, so tungsten scrap traders cautious, low market activity, watching the atmosphere rich. Grinding waste material, adequate market supply pure tungsten scrap merchant shipping will increase, but difficult to take the goods, lower prices. It is understood that more than 70 degrees scrap tungsten grinding material is only 1.35 yuan / kWh, and the actual transaction continue to be down, grinding tungsten scrap material market did not demand more low, almost no quotes.

Waste tungsten blades, drill bits and other scrap tungsten tungsten steel scrap market, large cargo hold stocks not reluctant to sell, resulting in little spot market liquidity supply, coupled with lower Carbide factory there is a certain demand for scrap tungsten blades and other market prices fair. It is understood, waste and scrap tungsten, tungsten drill blade import prices similar to the mainstream market price of 155-160 yuan / kg, scrap tungsten blade domestic market price of 147-150 yuan / kg.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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"Speed up transformation and upgrading, construction happiness Guangdong need to further strengthen geological work closely around this core mission, geological work has much to offer." Recently in Guangdong geological work meeting, Vice Governor of Guangdong Province, the province's forest raw affirmed geological work in the service Guangdong's economic and social development in four implementations (ie, achieve new breakthroughs in geological prospecting, geological work to achieve new development, engineering geology and achieve new development, the geological survey team building to achieve new weather) made remarkable achievements, and emphasized this view.

Tungsten market: tungsten prices continue to decline, the market demand continues to weaken, tungsten smelter home will reduce foreign quote, market turnover is very light, tungsten ore prices temporarily stabilized, but tungsten powder products continue exploratory interval low or dropping. Raw materials such as sodium tungstate downstream market downturn, with the end of the season, downstream manufacturers increased maintenance shutdown in advance, so that the needs of the poor of sodium tungstate on market demand less and less demand for tungsten steel recent iron smelter walking home goods difficulties ferrotungsten thinly traded market, the price is relatively confusion.

Ferrotungsten market volume was light, and the price is relatively confusion: First electric furnace production of ferro-tungsten base 70 is a mainstream product, the price is relatively stabilized; secondly, because tungsten iron prices remain low, some manufacturers will ship is not high, compared with foreign quote high. It is understood that 70-based electric furnace production of ferro-tungsten prices are relatively strong, the mainstream price 15-15.6 yuan / ton; 80c ferrotungsten price concentrated in 145,000 yuan / ton, 80A concentrated mainstream price of 16 yuan / ton down.

Recent mills ferrotungsten less demand for home goods smelter difficulties, mainly to maintain the long-term orders, a small amount of the transaction, intense competition manufacturers, offer lower profit margins continue to compress, short-term demand is expected to increase in difficulty. Export markets: China November exports 40 tons of tungsten iron, up 3.5 tons over the same period last year rose 10.4 times, the chain fell 33.3% in October than 60 tons.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Raw materials such as sodium tungstate downstream market downturn, with the end of the season, ahead of shutdowns downstream manufacturers increased, making the difference on the demand of the market demand less of sodium tungstate, sodium tungstate, manufacturers were forced to cut offer, 96% of the current manufacturers quotations are mostly concentrated in 10.5-10.8 yuan / ton, but the actual turnover has dropped to 105,000 yuan / ton, the expected post-market price is still low down dangerous.

This week most of the APT smelter family continued to produce, and as demand continues to slump and inventory sufficient, in the absence of support for the acquisition of Pan Asia, the recent weeks of APT prices fell powerful, concentrated in the mainstream market quotations 13.3-13.8 yuan / ton and a small amount of the low turnover of more concentrated in the interval, the interval fell lower still tentative, today has now 132,000 yuan / ton lower offer.

Due to the current ore price has dropped nearly "bottom", in January 2015 the bank or mortgage may relax, tungsten ore cargo operators or even more reluctant to sell, so in late December APT smelter home on raw Inquiry increased, and the number of low Inquiry , but the actual volume was light, buyers and sellers on price stalemate.


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: downstream demand is low, sufficient stock market, smelters family wants an ideal price of shipping difficulties. Tungsten concentrate prices continued to fall, the current price has dropped to the cost line edge, holding cargo shipments will lower ore prices gradually stabilized stabilized this week, only minor adjustments. Currently 60 degrees wolframite inquiry at 77,000 yuan / ton, 60 degrees scheelite inquiry has been pressurized to 75,000 yuan / ton.

Tungsten ore downstream demand is low, the smelter family wants an ideal price of shipping difficulties. However, sufficient stock market, and many high-priced stocks, funds hold stocks were set, could not move. Recent tungsten concentrate prices continue to decline, the current ore price has dropped to the cost line edge, holding cargo shipments will lower ore prices gradually stabilized stabilized this week, only minor adjustments, week 60 degrees tungsten concentrate or focus on the 7.5 -7.8 yuan / ton.

Into late December, smelter return home more money, cash flow can be used to buy raw materials tungsten ore is very limited, constant pressure tungsten ore inquiry. It is understood that 60-degree wolframite inquiry at 77,000 yuan / ton, 60 degrees scheelite inquiry has been pressurized to 75,000 yuan / ton. However, cargo operators expect prices or improved in January, and the mine has been in limited low price declines late, holding the goods until after the market outlook, the operation is not active, two days tungsten ore spot transaction is minimal.


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
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