Tungsten market: tungsten demand remained weak, the majority of mines normal start, tungsten smelter home started to shrink, especially tungsten, iron, sodium tungstate fear factory operating rate of less than 10%, and because the demand for long overdue positive factors, the latter with the the weather turns cold, the market may again reduce operating manufacturers. Spot market with little turnover, tungsten many products have no market price, the late tungsten prices will continue to varying degrees or small drop. Tungsten steel scrap prices temporarily stable on the sidelines, the business mentality differences, there is a big gap between the actual transaction pricing and lower overall market volume, trading atmosphere deserted.

Waste tungsten material prices remain steady mainstream. Currently 50-70 degrees scrap tungsten concentrate price grinding material between 1.64-1.7 yuan / kWh, 30-40 degrees grinding material concentrated in the 1.4-1.5 yuan / kWh. Given the current market is still in decline Scheelite channel, it is also difficult to sustain strong scrap prices are expected to decline in the short-term outlook is still possible.

Tungsten steel scrap prices temporarily stable sidelines. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-186 yuan / kg, imported scrap tungsten blade 172-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 172-175 yuan / kg waste pure tungsten blocks 200-205 yuan / kg. Business mentality differences, there is a big gap between the actual transaction pricing and lower overall market volume, trading atmosphere deserted.

Overseas tungsten City steady rise. On the 17th evening MB Rotterdam ferrotungsten offer 38.5-39.5 U.S. dollars / kg tungsten probe $ 3 on high; paratungstate European offer of $ 340-360 / t degrees, the Hong Kong offer $ 358-370 / t degrees, steady. Expected short-term overseas tungsten City or continue to narrow adjustment.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Scheelite offer has been fully below the 100,000 mark, the market volume was light, only a small amount of the transaction, the transaction last week are mostly grade tungsten concentrate is about 60 degrees, concentrated in the 95,000 yuan price / ton. Despite the market decline, hold stocks of tungsten concentrate shipments will increase, but due to many traders put a lot before, in the hands of mostly high inventory stock, currently shipping will be upside down, so much the actual traders wait and see, positive action is not very high , mostly small amounts of goods to go to ease the financial pressure.

Earlier this week, tungsten concentrate prices continued to slump, downstream manufacturers of tungsten enthusiasm is low, the market is very low operating rates, especially tungsten, iron, sodium tungstate fear factory operating rate of less than 10%, and the favorable factors due to demand long overdue, late as the weather turns cold, the market may again reduce operating manufacturers. Risk is still expected to post ore price was down this week, the mainstream price of tungsten concentrate or focus between 9-9.5 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Tungsten market: tungsten market remains in the doldrums, with raw material prices continue to decline, the downstream market prices also went down, carbide end demand weakened, leading to APT, tungsten powder, tungsten smelter operating conditions at home again compressed, better channel manufacturers have orders, but the current price is approaching the cost line. Some small manufacturers greater pressure to survive, expected late midstream tungsten prices may gradually lowered slightly.

Tungsten powder and tungsten carbide prices stabilized stabilized. Currently concentrated in the actual transaction between 245-247 yuan / kg, most businesses do not want to continue to cut prices, very price conscious gradually increased, although at present there is still no improvement in demand, but the current price is approaching the cost line, the larger down resistance expected Short-term steady likely.

Tungsten products prices continue to safeguard stability. Tungsten steel offer is still concentrated in the 270 yuan / kg nearby, drawing tungsten price will have risen, some may be as high as 320 yuan / kg. Because there is still some demand for downstream support, so products businesses inadvertently cut prices. Expected short-term market or continuation of tungsten products remained stable.


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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With raw material prices continue to decline, the downstream market prices are starting to decline, increasing discontinued manufacturers continued to produce tungsten iron manufacturers less, reducing external offer only a small part of the manufacturers take the goods. Due to the high cost of production of tungsten iron to now the price of shipping profits is very small, and more recently has been temporarily discontinued manufacturers plan to resume production, some manufacturers even ahead of schedule shutdowns.

Currently 70 major foreign manufacturers offer ferrotungsten concentrated in 16.9-17.2 yuan / ton, 80 tungsten iron manufacturers offer mainstream focus 17.4-17.7 yuan / ton. It being understood that 70 ferrotungsten cash turnover has fallen below the 170,000 mark, the market is expected to post a tungsten iron or continue steady weakening.


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: This week tungsten concentrate prices are constantly refreshed daily low, demand for light, are less market turnover probability and quantity, as raw material prices continue to decline and deepening environmental policy, APT manufacturer profits are compressed started rates lower, to a certain extent supported APT prices, expected late this week or APT prices hovering at 155,000 yuan mainstream / ton.

This week tungsten concentrate prices are constantly refreshed daily low, demand for light, are less probability of market transactions and the number of expected risk of late still slipped.

It is understood that 55-60 grade scheelite concentrate on the mainstream market price 9.2-9.3 yuan / ton, and this price is still strong willingness buyers continued to weigh on prices. Ore prices continue to decline main causes is more prominent contradiction between supply and demand, oversupply, and this gap continues to pull Dazhong:

On the one hand, tungsten concentrate supply continued to increase; For now the market price, the mine is still some profit, so most of the mines remained exploitation; Meanwhile, the market had had a lot of historical inventory and shipments will increase traders, APT wait for the next downstream smelters family have received many miners offer every day.

On the other hand, the downstream market started shrinking, reducing the consumption of tungsten concentrate. Terminal Carbide no longer marketable, small manufacturers and more discontinued, medium-sized manufacturers have cut production run, and many planned maintenance shutdown recent advance; midstream tungsten products smelter family also reduce the operating rate, for example, less than half of the factory operating rate APT, tungsten, iron manufacturers manufacturers started only single digits.


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 steel scrap market highs. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-186 yuan / kg, imported scrap tungsten blade 172-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 172-175 yuan / kg waste pure tungsten blocks 200-205 yuan / kg. Early higher offer businesses Hebei region also began to cut, the range of about 2 yuan / kg, but the market volume was declining, businesses receipt actively poor, will ship nor strong.

Waste tungsten material prices remain steady mainstream. Currently 50-70 degrees scrap tungsten concentrate price grinding material between 1.64-1.7 yuan / kWh, 30-40 degrees grinding material concentrated in the 1.4-1.5 yuan / kWh. Given the current market is still in decline Scheelite channel, it is also difficult to sustain strong scrap prices are expected to decline in the short-term outlook is still possible.

Overseas tungsten City continued maintenance of stability. On the 15th evening MB Rotterdam ferrotungsten offer $ 38.5-39.2 / kg tungsten, ammonium paratungstate Europe offer 340-360 U.S. dollars / metric ton, quoted in Hong Kong dollars 358-370 / t degrees, steady. Tungsten City or expected short-term overseas will continue to stabilize.


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: tungsten market continued to slump, sluggish downstream demand carbide, tungsten market turnover difficult to obtain effective breakthrough, tungsten concentrate prices continued dropping tentative, tungsten powder and tungsten carbide market running low, the market generally pessimistic attitude, low-cost resources also will be gradually increased. However, the weak market, the downstream waiting to see atmosphere, the overall turnover difficulties. APT factory operating rate decreased, market prices continue to decline, smaller profit margins of manufacturers, the product is relatively slow-moving, with the raw material of tungsten concentrate prices continue downward, is expected to post 60 or tungsten concentrate prices are expected to fall below 95,000 yuan / ton.