Downstream demand is low, sufficient stock market, 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, 60 tungsten concentrate or focus on the 7.5 -7.8 yuan / ton.

Macro level, the good situation in agriculture and rural areas this year Supporter new normal; New York Stock Exchange, the Dow exceeded 18,000 points for the first time in the history of an important juncture; US third quarter GDP growth of 5%, the highest in 11 years the best record.


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Tungsten market: Tungsten prices have been declining, demand continues to slump, tungsten-based products difficult to take the goods, regardless of supplier or procurement operations enthusiasm are low, tungsten smelter home outside offer low motivation, mostly with single main talks, tungsten powder market demand does not improve, manufacturers signed a single new difficulties, sluggish sales, now more oriented to maintain long-term customers, and the factory price very strong sense of tungsten market is expected this week or weak stability maintenance.

Tungsten prices have been declining, demand continues to slump, tungsten-based products difficult to take the goods, regardless of supplier or procurement operations enthusiasm are low, tungsten smelter home willingness of foreign quote low, mostly with single main talks. Tungsten is expected this week or relatively weak market stabilization, quote or stabilize the main raw material of tungsten concentrate, powder products on the market APT, tungsten carbide and other high quote or reduce that range high or lower.

It is understood that 60-degree wolframite concentrate on the mainstream market price of 7.6-7.8 yuan / ton, 60 degrees scheelite have 75,000 yuan / ton lower quote. Because the market price of financial constraints and the mine is almost no profit, so tungsten ore cargo operators reluctant to sell sentiment concentrated, only a small amount of cash must be sold; downstream tungsten smelter at home but also because of sluggish sales and procurement of raw materials are not enthusiastic, bargain buy the right amount in, price range and more approaching low. November 2014 tungsten concentrate production was 13,959.85 tons (equivalent to 65% tungsten trioxide), down 6% qoq; January-November cumulative production 25,945.69 tons.


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Tungsten powder market demand does not improve, manufacturers signed a single new difficulties, sluggish sales, now more customers in order to maintain long-term oriented, very price conscious and strong manufacturers, foreign offer is still relatively strong, tungsten carbide powder particles offer tax still strong at 220 yuan / kg or more, then the actual transaction already dropped 215 yuan / kg in the vicinity.

It is understood that the recent 216 yuan / kg transactions, there to 215 yuan / kg of turnover, and appeared 213-214 yuan / kg of inquiry, but has yet to hear the real deal.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Tungsten City needs no improvement in the spot market turnover continued to light, despite sluggish sales of tungsten, tungsten concentrate actual market demand weakened, however due to hold stocks in the hands of mostly high-priced stock, reluctant to sell sentiment thick, difficult to spot market purchases of raw materials larger. Sodium tungstate market continued sluggish demand, the manufacturers take the goods difficult market operating rates continue to decrease, the manufacturers will increase ahead of holiday shutdown. Downstream smelter is expected next week at home will or by bargain hunters.

Tungsten City needs no improvement in the spot market turnover continued to light, increased mining losses, most have stopped mining, combined with the hands holding the goods are mostly high-priced stock, reluctant to sell sentiment concentrated; lead despite sluggish sales of tungsten, tungsten concentrate actual market demand weakened, but tungsten ore spot purchases more difficult, not buy cheap arrival.

Close of the year, the market is expected to fund shortage problems eased in January next year, this week, the downstream buyers inquiry will or slightly increased, the actual transaction or stabilized slightly firm, tungsten prices dragged down by weak demand and hard up. It is understood that the offer was still strong tungsten concentrate smelter home, generally in the 80,000 yuan / ton on the side point; but downstream buyers has continued to suppress the inquiry, the inquiry focused on 60 scheelite 7.4-7.5 ten thousand yuan / ton.


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With stop Pan Asia revenues, significantly reduced market demand APT, tungsten powder and downstream smelters due to the approach of the year at home and return the funds for procurement reduce APT, APT product unmarketable, smelters family had tentatively down the inquiry. It is understood, APT market price of the mainstream focus 13.4-13.8 yuan / ton, the actual cash market is 13-13.3 yuan / ton low.

Sodium tungstate market continued sluggish demand, the manufacturers take the goods difficult market operating rates continue to decrease, the manufacturers will increase ahead of holiday shutdown. 96% sodium tungstate market price has fallen below 110,000 yuan basic / ton, and the cash price continues to fall, gradually approaching 10 million mark, the current transaction has been hovering in the low 10 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Close of the year, cash poor way, tungsten iron manufacturers funds more tense, even down to return the funds to continue to offer profit sharing, tungsten demand weakened, powder smelter home to take the goods into difficulties, tight liquidity difficulties, home smelter shutdown / production increases, tungsten powder product price constantly Yindie native tungsten price has been fully below 220 yuan / kg, the material is still slightly lower risk of late.

Molybdenum market: molybdenum chemicals to maintain 5% export tariff unchanged, due to cost reduction difficult, international competitiveness of domestic producers can not increase,

With raw material prices continue to decline, and this year the powder prices continued to decline, but the electrolytic regeneration tungsten carbide material is smaller than the decline of native, currently both offer similar, resulting in fewer electrolytic regeneration of tungsten carbide materials market demand, manufacturers less enthusiasm most manufacturers change the production mix.

Weakening demand for tungsten powder and other smelters home to take the goods into difficulties, tight liquidity difficulties, home smelter shutdown / production increases, tungsten powder product price constantly Yindie native carbide powder manufacturers offer just 220 yuan / kg nearby, lower actual transaction. The latest price is 216 yuan understand / kg, and the recent low of payment transactions are also good, otherwise low factory shipments will.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Close of the year this week, poor payment methods, tungsten iron manufacturers funds more tense, even down to return the funds to continue to offer profit sharing, 70 tungsten iron prices mainstream furnace production is concentrated in 156,000 yuan / ton, outside the furnace production 70 ferrotungsten mainstream transaction hovering at 145,000 yuan / ton. Manufacturers take the goods difficult, some small plants this month have been slow orders, expected late ferrotungsten market still lower risk.

This year the steel industry overcapacity, steel production continued to shrink, the demand for ferro-tungsten charge also dwindling, tungsten iron smelter newly signed single difficult market started low, tungsten iron prices in 2014 also showed a steady decline in the state 70 base ferrotungsten 184,500 yuan from January 2 / ton fell to 156,000 yuan / ton December 17, the cumulative decline in 28,500 yuan / ton.


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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