North American Tungsten's Mactung Project Receives Regulatory Approval
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- Category: Tungsten's News
- Published on Thursday, 11 September 2014 16:10
- Hits: 3004
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Tungsten Concentrate Guided Price Is Lower, Waste Tungsten Prices Keep Steady
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- Category: Tungsten's News
- Published on Thursday, 11 September 2014 15:28
- Hits: 1339
Domaestic market: waste tungsten market maintains stable in the domestic market. Current mainstream focused on waste tungsten bit no tax price is 189 to 190 yuan/kg, and domestic waste tungsten blades is 169 to 170 yuan/kg, and imported waste tungsten blades and waste wire drawing die is still concentrated in 179 to 180 yuan/kg. Grinding material W content in 30 to 40 degree of purchasing price is concentrated in 1.45 to 1.5 yuan/degree, 50-70 focused on the 1.55 to 1.65 yuan/degree, over 70 degree concentrated in the 1.65 to 1.71 yuan/degree.
Since in September tungsten concentrate guided price is lower, businessmen donot expect the coming of "golden Sep", tungsten market become weaker overall. Waste tungsten businessman temporarily donot reduce the price, price remained stable, weak demand, however, a deal may not last. It is expected in short-term waste tungsten market is temporary stability, and recommended goods merchants could sell at a low price.
International market: Overseas tungsten market continues to stability. The quotation of MB tungsten iron in Rotterdam is $40 to 41 dollar/kg, European offer of para-ammonium tungstate is $350 to $360 dollar/ton, Hong Kong offer is $358 to $370 dollar/ton, which have stabilized. With the ending of European summer break, overseas downstream demand remains to be released, the market mentality is gradually improving, trading atmosphere is gradually recovery, it is expected that overseas tungsten market maintains steady in short-term.
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Jiangxi Tungsten Group and Central South University Have a Cooperation
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- Category: Tungsten's News
- Published on Thursday, 11 September 2014 15:25
- Hits: 1433
On August 29 to 30, 2014, jiangxi tungsten holding group and central south university have a talking about a comprehensive strategic cooperation and have reached an agreement in JingAn hot spring resort.
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Japan's in a Social Panic As China Has Stopped to Export Rare Earth to It
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- Category: Tungsten's News
- Published on Thursday, 11 September 2014 11:28
- Hits: 1427
According to Japan News reported , as sino-japanese ship collision in diaoyu island in September 2010, China has cut rare earth exports to Japan. Due to close to 90% of rare earth supply demand depends on China, Japan has been short of rare earth, and industries are in great confusion. Supply shortage has been existing until the summer of 2011, the price also rose violently several times.
Under the drive of interest, the United States, Canada, Australia and other countries have raised a hot wave of exploiting rare earth. Japanese companies also accelerate the diversity of purchasing channels. Sojitz has began to import rare earths from Australia in 2013. Toyota tsusho company also plans to produce rare earths in India in 2014.
It is reported that mistake is "rare earth", although in general it is called "rare earth", it can be divided into light rare earth and heavy rare earth, the former can be widely in the world mining, but the later has very few stock, and is worthy of the name "rare earth", both added up to a total of 17. After the collision, Japan has found purchase channels but it is mainly light rare earth. Heavy rare earth class still almost entirely depends on China.
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The Offer from Ferro Tungsten Smelting Factory Is Strong, But Dealing Volume Is Less
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- Category: Tungsten's News
- Published on Thursday, 11 September 2014 11:25
- Hits: 1538
With the weakness of guided price, tungsten iron manufacturers offer continues to be strong, and the reason is that there is a difficulty in collecting money, raw material purchase price is hard to be dropped, and environmental pressure increases. Downstream enquiries are being negative, and the dealing volume is less. Compared with last week, the actual transaction prices still fell slightly, especially low dealing increased slightly.
It is reported that 70 tungsten iron tax offer concentrated in the 171000 to 175000 yuan/ton, there is a higher price of 176000 yuan/ton, but the actual dealing is in 170000 to 172000 yuan/ton.
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China cut off exports to Japan of rare earth cited Japanese social panic
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- Category: Tungsten's News
- Published on Thursday, 11 September 2014 09:23
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Designation of the East China Sea in China's air defense identification zone, Japanese Prime Minister Shinzo Abe visited the Yasukuni Shrine in late 2013, was seen as synonymous with the risk of China's "rare earth" but did not become a topic. Is the crisis really disappear?
According to Japan on the 25th reported that by mid-September day in 2010 Diaoyu Islands waters collision, China played the diplomatic card, cut off exports to Japan of rare earths. Because nearly 90% of the demand dependent on Chinese rare earth supply shortages in Japan immediately, industry into great confusion. Rare earth supply shortages continued until the summer of 2011, the price is sprayed as a mist fei Di ingot soared several times.
ITIA guide price continues to weaken, the business confidence frustrated again
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- Category: Tungsten's News
- Published on Wednesday, 10 September 2014 16:34
- Hits: 1429
Tungsten market: ITIA guide price continues to weaken, the business confidence frustrated again, buyers continued to suppress the inquiry, cargo operators are still many on the sidelines, little willingness to sell at a loss. Ferrotungsten manufacturers offer continue as a going strong, mainly due to difficulties in the market capital returns, the purchase price of raw materials is difficult to drop, environmental pressures increase. Turn. Tungsten products market sentiment enriched, businesses continue to offer steady, price adjustment underpowered downstream still demand procurement, trading atmosphere deserted. Short-term stabilization of the main tungsten City, turnover remained deadlocked.
Tungsten iron smelter offer strong, market volume was light
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- Category: Tungsten's News
- Published on Wednesday, 10 September 2014 16:32
- Hits: 1474
With the guidance prices continued to weaken, tungsten, iron manufacturers offer continue as a going strong, mainly due to the difficult market capital returns, the purchase price of raw materials is difficult to drop, environmental pressures increase. Downstream inquiry continued negative market volume was light, the actual transaction price is still slightly Yindie compared to last week, especially in the low turnover increased slightly.
It is understood now 70 ferrotungsten tax offer focused 17.1-17.5 yuan / ton, the existence of a higher offer 176,000 yuan / ton, but the actual turnover hovering at 17-17.2 yuan / ton.
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Tungsten products market sentiment enriched, businesses continue to offer steady
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- Category: Tungsten's News
- Published on Wednesday, 10 September 2014 16:29
- Hits: 1465
Since September Minmetals guided flat, Ganzhou Tungsten Association forecast average price down, tungsten ore market confidence frustrated, short-term market or difficult to improve. Tungsten products market sentiment enriched, businesses continue to offer steady, price adjustment underpowered downstream still demand procurement, trading atmosphere deserted. Short-term market is expected to more than tungsten products will continue to maintain steady trend.
Tungsten powder and tungsten carbide market is still steady. At present, the main focus in the actual transaction between 254-256 yuan / kg, merchants offer tend to focus on high-low has been reduced turnover mainstream still focused on low-cost resources. Tungsten steel offer is still concentrated in the 270 yuan / kg nearby, high-purity tungsten 285 yuan / kg, tungsten electrode grinding rod 405 yuan / kg.
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Tungsten Market Is Bleak on the Whole, Businessmen Continue to Watching
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- Category: Tungsten's News
- Published on Wednesday, 10 September 2014 14:51
- Hits: 1428
Tungsten market: the market overall clinch a deal the cold and cheerless, businesses continue to wait-and-see, careful operation, tungsten prices temporarily weak stability; Tungsten concentration, APT and tungsten iron smelter foreign quotations are flat, merchants are more cautious buying and selling, markets wait-and-see mood is still continue. Is expected late tentative enquiries or slightly increased, a small amount of clinch a deal or increase, prices stabilised.
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