Tungsten News

Tungsten ore market confidence frustrated, holding cargo shipments will increase

Details: Category: Tungsten's News; Published on Tuesday, 16 September 2014 13:55; Hits: 1302

Tungsten City wait and see mood strong, overall price stability maintenance vulnerable spot thinly traded. Tungsten mines continued exploitation, increasing supply; downstream tungsten iron / APT and other smelter home because of environmental deepening downturn in demand and production enthusiasm is low, demand for raw tungsten concentrate more sluggish; coupled with the existing inventory, the current oversupply of tungsten concentrate, and there is growing trend. Today, the market price of tungsten concentrates was down, ore prices fell by about 0.01 yuan / kWh, tungsten concentrate price decline is not obvious, priced reduced turnover scheelite concentrate more concentrated in the 100,000 yuan / ton or less.

"Golden September" is no longer the gold market confidence frustrated, holding cargo shipments will increase, due to post-market buyers may still decline, but cautious buying and depress quote. Tungsten market is expected this week or steady slightly down mainly scheelite concentrate price of 60 degrees or completely below the 100,000 mark.

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Tungsten scrap market running smoothly, the business sentiment has weakened

Details: Category: Tungsten's News; Published on Tuesday, 16 September 2014 13:52; Hits: 1214

Tungsten scrap prices continue to run smoothly, Jiangsu and Zhejiang provinces currently offer some businesses there has been lowered in the range of about 1 yuan / kg, basically no high turnover, low trading volume not more, business sentiment has weakened. Hebei region remained steady mainstream businesses offer lower prices temporarily willingness strong tungsten concentrates and other raw material prices due to short-term difficult to improve, the market outlook is expected to waste no shortage of tungsten may fall.

Tungsten scrap prices steady weakening. At present, the content of the purchase price of the grinding material W 30-40 degrees concentrated in 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh. Domestic scrap tungsten blade 169-170 yuan / kg, imported waste and scrap tungsten blade drawing die 179-180 yuan / kg, scrap tungsten drill bit does not offer tax mainstream is still concentrated in 189-190 yuan / kg.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Yellow Tungsten Oxide Supply On Sept.15,2014

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 17:49; Hits: 1353

Chinatungsten Online has got a lot of yellow tungsten oxide stock right now. Quantity is 10tons, grain size 12um, and the price is much lower than the market, which is 30500.00 USD/ton FOB, DALIAN, CHINA on Sept.15,2014. Price is available for negotiation.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-copper.com
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North American Tungsten's Mactung Project Receives Regulatory Approval

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 16:09; Hits: 1239

North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) ("NTC" or "the Company") announces that the plan to develop the Company's Mactung Project ("Mactung"), a tungsten property in Yukon, has received environmental approval. After a deliberative process which began in 2008, Mactung's positive environmental assessment from the Yukon Environmental and Socio-economic Assessment Board ("Board") has been further certified by the Federal and Yukon Governments. The governments issued Decision Documents which will permit the Company to move forward in the regulatory process.

Published under the Yukon Environmental and Socio-economic Assessment Act, the Decision Documents include a series of terms and conditions that North American Tungsten must incorporate into Mactung Project's design and operations in order to mitigate the mine's impact on the site located northeast of Ross River, Yukon.

"I can't express strongly enough the importance of this decision to our Company," NTC's Chairman and CEO, Kurt Heikkila said. "We are very pleased with the decision of the Board and of the governments whose further approval was required. This decision forms the basis for our next set of efforts to be one of the largest tungsten producers in the western world."

"Mactung is NTC's most valuable asset and the Company is eager to bring its resources to market. With the release of the Decision Documents and in co-ordination with the First Nations on whose traditional territory Mactung is located, the Company has a much clearer path towards the day when Mactung will join Cantung as two centers of operations and profit - not only for NTC and its shareholders but also for the people and communities of the North."

"We take seriously the responsibilities which the governments and the Board have placed with us to properly steward the Mactung site," Mr. Heikkila continued, "and we believe that this corporate commitment will become increasingly obvious in the years ahead."

North American Tungsten currently operates the Cantung mine which is located just inside the border of the Northwest Territories ("N.W.T."), 300 kilometers northeast of Watson Lake, Yukon. Two hundred sixty people are currently employed at Cantung. Mactung is located about 160 kilometres up along the border with N.W.T., this time falling on the Yukon side. Mactung is currently anticipated to be about 50% larger than Cantung in size and scope of operations and is anticipated to produce 2,000 tonnes per day from an underground operation.

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Tungsten steady weak market conditions, the overall volume was light

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 13:59; Hits: 1315

Tungsten market: prices continue steady weak tungsten, tungsten carbide and other smelter home offer multi temporarily maintain strong, but the actual transaction Yindie. APT and other ore smelter home prices continued slipped due and careful to buy, hold stocks because the market outlook still have certain expectations and willingness to lose money selling small, thinly traded stock market as a whole. Spot small scrap tungsten market, the price of mainstream firm, high offer reduced turnover and more concentrated in a small range of low, expected late tungsten scrap prices have slipped or danger.

Tungsten ore demand is low, the market is still waiting to see the majority

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 13:57; Hits: 1354

Tungsten market continues weak maintenance of stability, market participants are still waiting to see mostly weak spot trading raw tungsten concentrate, price continues Yindie market quotations are gradually moving closer to the mainstream range low. APT and other ore smelter home prices continued slipped due and careful to buy, hold stocks because the market outlook still have certain expectations and willingness to lose money selling small, thinly traded stock market as a whole.

It is understood that last week's turnover is rare, sold 60-grade wolframite concentrate around in cash 101,000 yuan / ton, 60-grade scheelite concentrate price in cash 99,000 yuan / ton. This morning, did not learn about the latest temporary contract situation, but businesses still look weak market outlook is expected to post cash or re-price dropping slightly.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten scrap market weakening, some offer down

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 13:55; Hits: 1470

Tungsten scrap prices steady weakening, Jiangsu and Zhejiang provinces currently offer some businesses there has been lowered in the range of 1 yuan / kg or so, basically no high turnover, low trading volume not more, business sentiment has weakened. Hebei area businesses offer mainstream still steady, prices willingness to temporarily strong, but given the prices of raw materials such as tungsten concentrate hard to improve short-term, the market outlook is expected to waste no shortage of tungsten may fall.

Waste tungsten drill bit does not currently offer tax mainstream is still concentrated in 189-190 yuan / kg, domestic waste tungsten blade 169-170 yuan / kg, imported waste and scrap tungsten blade drawing die 179-180 yuan / kg. Grinding material purchase price 30-40 degrees W content focused on the 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in the 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh.

Overseas tungsten City continued maintenance of stability. On the 12th evening MB Rotterdam ferrotungsten offer 40-41 USD / kg tungsten, ammonium paratungstate European offer of $ 350-360 / t degrees, the Hong Kong offer $ 358-370 / t degrees, are steady. European summer break ended, overseas downstream demand to be released, the market sentiment gradually improved, trading atmosphere gradually recover, expected short-term overseas tungsten Costco will remain stable trend.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Product Price Will Continues to Be Weak Next Week

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 10:03; Hits: 1422

The price of tungsten powder fell a little this week. The actual price of tungsten powder still mainly concentrates in the 254 to 255 yuan/kg, tungsten carbide is 252 to 253 yuan/kg, which fell by 1 to 2 yuan than last week. There is no obvious change in the market price this week, but downstream demand is weak, businessmen have a pessimistic attitude to the market, and the actual price has basic concentration to low price.

The price of tungsten steel still concentrated in the vicinity of 270 yuan/kg, high purity tungsten bars price is 285 yuan/kg, tungsten electrode polished rod price is 405 yuan/kg, black tungsten rod price is 340 to 360 yuan/kg, which continue to be flat than last week. Although tungsten powder price has fell a little, tungsten products businessmen are reluctant to change price, the quotation still continues to stability, the downstream is still on-demand procurement. It is reported that tungsten product price will continue to be weak next week.

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The Dealing of Sodium Tungstate Continues to Be Few

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 10:00; Hits: 1367

The operation pressure of APT downstream manufacturers such as smelting factory has increased, profit margins are compressed again, and money pressure increases with low production enthusiasm. It is reported that now the market price of APT is mainly concentrated in 160000 yuan/ton, acceptance price is 162000 yuan/ton, a cash dealing price is 160000 yuan/ton, the actual cash transaction price appears a low price of 159000 yuan/ton.

The dealing of sodium tungstate continues to be few, 96% of sodium tungstate's quotation is mainly in 124000 to 127000 yuan/ton, manufacturers continue to reduce their rate of operation, and are willing to sell, but products are in excess of demand and difficult to sell for a better price. The actual cash dealing price is close to 120000 yuan/ton.

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Ferro Tungsten Manufacturers' Offer Continues to Be Strong

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 09:57; Hits: 1377

With the continuous weakness of guided price, tungsten iron manufacturers' offer continue to be strong, the reason is mainly that there is a difficulty in collecting money in the market, and the purchasing price of raw material is hard to drop, and environmental pressure has increased. Enquiries in downstream market are being negative, the dealing volume in market is weak, the actual transaction prices still fell slightly compared to last week, especially the dealing in low part has increased slightly.

It is reported that the quotation (including tax）for 70 tungsten iron is on 171000 to 175000 yuan/ton, there is a higher price of 176000 yuan/ton, but the actual dealing price is in 170000 to 172000 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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