Tungsten scrap prices fell sharply last week after week, becoming smooth, drill businesses very price will increase, significantly reducing Paohuo phenomenon. But the current business sentiment remains pessimistic side, the downstream demand procurement, lower overall volume. Tungsten scrap more than expected short-term price trend will remain stable.

Waste tungsten market mainstream steady. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 162-165 yuan / kg, a small amount of the transaction price 167 yuan / kg. Imported scrap tungsten blades and drawing dies 157-161 yuan / kg, up to 155 yuan cheap. Domestic scrap tungsten blade 150-153 yuan / kg. 70 degrees above the grinding tungsten scrap material 1.5-1.55 yuan / kWh, 50-70 degrees 1.45-1.5 yuan / kWh, 30-40 degrees 1.3-1.35 yuan / kWh, transient stability.

Overseas tungsten City still ups and downs differences. On the 12th evening MB ferrotungsten Rotterdam quotations 368-37 USD / kg tungsten, down $ 0.1-0.5; paratungstate Europe offer $ 325-345 / ton degrees, transient stability; Hong Kong offer 340-360 US dollars / metric ton, low on the probe again $ 1. Expected short-term overseas tungsten City or continue to narrow adjustment.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Weak overseas demand for ferro-tungsten market, prices firm fatigue, manufacturers were forced to gradually cut the factory price. Recent ferrotungsten market situation started to shrink further, to maintain the number of manufacturers producing no more than five. It is understood that Dan Cheng Xin shutdown, sales of inventory, Hunan, a large continue normal start, acceptance offer 165,000.

Tungsten iron smelter home orders this month little difficult to take the goods turnover Yindie 70 base tungsten iron factory acceptance offer concentrated in 16.4-16.7 yuan / ton, cash traded as low as 16-16.2 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Currently, a great number of Chinese manufacturers of tungsten carbide indexable inserts do not conduct pre-sales refining of their products, and therefore users after purchasing their products will have to employ special personnel and special equipment to do regrinding work. Because of this, users have to invest a lot of money to buy special blade grinding equipment, toolbars for indexable inserts. In addition, the cost of tungsten carbide indexable insert is about 2-3 higher than that of the welded cutting tools with the same specification. Therefore, using indexable inserts will increase the production cost of users in the initial stage. However, the corporate leader term is normally 4-5 years, so before the indexable insert can give full play to its advantages, the leading term of those enterprise leaders will be expired. They not only do not benefit from those indexable inserts, but also have to take the risks of increasing production cost and enterprise burden. That is why many enterprise leaders are unwilling to promote and apply tungsten carbide indexable inserts during his or her tenure of office. Therefore, if tungsten carbide indexable insert manufacturers can reinforce their pre-sales refining of their products, they can finally achieve long-term profits.


 

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Tungsten market: continuing weakness in the market due to the recent downward tungsten concentrate, powder market pessimism hard to dismiss, reduce tungsten ore market demand, buyers continue to suppress the inquiry, with the sharp decline last week guided this week, the price of tungsten-based products gradually lowered, and by a big margin, the market still inquiry, but buyers see market continues to weaken and temporarily sidelines, less the actual transaction, after the decline, today the price of raw materials or relative stability maintenance, post-tungsten prices still consolidation downside risk.

With further shrinking downstream tungsten smelter capacity situation, reducing the demand for tungsten ore market, buyers continue to suppress the inquiry, the recent tungsten concentrate prices sharply lower. It is understood that 60 wolframite inquiry at 88,000 yuan / ton, 86,000 yuan / ton 60 scheelite offer, 60 tungsten concentrate has fallen below the 90,000 mark for the mainstream, but still go hard goods .

Tungsten concentrate cargo operators in difficult circumstances, face a dilemma: on the one hand a large number of pre-high backlog of inventory, and downstream buyers continue to weigh on prices, take the goods on the face upside down danger; on the other hand, buyers would like to take the low purchase low-cost supply, with low price, reduce losses, and then be caught liquidity of goods, it is difficult to move.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Due to the recent market continued weakness down tungsten concentrates, powders difficult market pessimism subsided, the market price is still confusion, low-cost resources continue to emerge, hold stocks for the return of funds have Paohuo expected short-term market or difficult to get rid of the weak pattern.

Tungsten powder and tungsten carbide prices continue to fall, the actual price or lower, electrolytic material currently almost no demand, businesses have no intention quotes, turnover is very low. The current market price between 233-235 yuan concentrate / kg, while the actual price as low as 231 yuan / kg. WC mix of renewable quoted at 230 yuan / kg.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Tungsten demand weakened further, reducing the number of processing APT, tungsten concentrate, APT, tungsten carbide and other mainstream products sold difficulties tungsten concentrate with lower raw material prices, the actual turnover or less, according to the section length of time, given the number of other goods this month manufacturer of sodium tungstate reduce yield or even more, market transactions are not optimistic, expected this week, the price of tungsten or gradually reduced, APT prices or fell to near 145,000.

Tungsten City increasingly sluggish demand, reducing the number of APT processing, some institutions this month procurement plan have been delayed announcement of last month, has significantly reduced the purchasing downstream powder manufacturers consume less capable, November APT market demand less. APT smelter home offer a large drop, the current mainstream offer APT fell to 145,000 yuan / ton in the vicinity, but the actual transactions 143,000 yuan / ton immune to take the goods, APT market is still expected to post lower risk.

With the falling prices of raw tungsten concentrate, 96% sodium tungstate mainstream offer tax fell to 115,000 yuan / ton, the actual turnover or less, based on the length of time the money, given the number of other goods this month tungsten sodium manufacturers reduce production or even more, market transactions are not optimistic, the latter is still possible as sodium tungstate offer lower raw material markets continue to 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
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