With lower guide price, the tungsten market overall operating rate declined, falling instead of rising demand for tungsten concentrate, tungsten ore transaction difficulties, tungsten concentrate prices continue dropping, the mainstream market prices more nearly the low price range, and even a small amount compared lower interval low low price.

It is understood that 60 black tungsten concentrate mainstream market concentration in 9-9.2 yuan / ton, 60 white mainstream tungsten concentrate market concentration in 8.8-8.9 yuan / ton, but the market has been 85,000 yuan / ton lower offer. And because ore prices continue to decline, reducing the production of downstream smelter at home this week, tungsten ore demand is weakening, APT and other downstream smelter demand procurement, 85,000 yuan / ton price are difficult to take the goods. Or tungsten concentrate prices are expected to continue to weaken this week or last week, down 3,000 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Because Minmetals and Jiangxi Tungsten guided down this month, tungsten concentrate market pessimism spread powder market price confusion, some hold stocks for the return of funds to start cheap Paohuo, however, the downstream demand continues to slump, the overall volume is still biased low. Expected short-term tungsten products market continues steady weakening trend.

Tungsten powder and tungsten carbide temporarily stable prices low, currently concentrated in price between 234-236 yuan / kg, renewable WC non-tax price 209-212 yuan / kg, tungsten offer 380-410 yuan / kg, steel tungsten 255-260 yuan / kg, black tungsten rod 340-360 yuan / kg, transient stability sidelines.

Overseas tungsten City stabilized temporarily stable. The 7th night MB ferrotungsten Rotterdam offer 36.9-37.5 US dollars / kg tungsten, paratungstate Europe offer 325-345 US dollars / metric ton, the Hong Kong offer $ 339-360 / ton degrees, are stable. Expected short-term overseas tungsten City or maintain steady trend.


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Tungsten market: guided collective decline, bearish market sentiment strong, 60 scheelite 88,000 yuan / ton immune to take the goods, market purchases of low willingness to late tungsten prices still slipped risk. Waste tungsten market confidence slump, businesses will significantly enhance Paohuo, low-cost emerging, some have been losing money shipping, the downstream demand still sluggish, low overall volume. Sodium tungstate tablet market unsalable serious, factory orders scarce, sodium tungstate smelter is a small multi-family starts, strict control of raw material procurement and product inventory.

This month Ganzhou tungsten APT Association released the latest forecast average price of 152,000 yuan / ton, compared with October down 8000 yuan / ton, with larger decreases, it is still far higher than the actual market price. It is understood, APT manufacturers offer concentrated in the 14.9-15 yuan / ton, then the actual trading 145,000 yuan / ton immune to take the goods. APT smelter home runs difficulties increase, the lack of effective support for the market late, late mainstream market quotations or fell to 145,000 yuan / ton in the vicinity, and more ground gas.

Sodium tungstate tablet market unsalable serious, factory orders scarce, sodium tungstate smelter is a small multi-family starts, strict control of raw material procurement and product inventory. Individual businesses eager to sell stock to ease the financial pressure, and lower pricing, resulting in 96% sodium tungstate market price is slightly confusing, within 11.4-12 yuan / ton price range have appeared.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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After this month, guided tungsten ore bodies down, tungsten City pessimism spread, waste tungsten market confidence slump, businesses will significantly enhance Paohuo, low-cost emerging, some shipments have been at a loss, the downstream demand still in the doldrums, the overall volume of partial low. Short-term market is expected to more than scrap tungsten will continue to run downwards.

Tungsten scrap prices continue to fall. Currently scrap tungsten drill price excluding tax concentrated in 162-165 yuan / kg, down 4 yuan. Imported scrap tungsten blades and drawing dies 157-161 yuan / kg, down 2-3 yuan, 155 yuan a small amount of the transaction. Domestic scrap tungsten blade 150-153 yuan / kg, transient stability. 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.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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In recent years, relying on the advantages of tungsten processing Gan County, the county, and actively support the business of large projects, extend the industrial chain, enhance core competitiveness. Has formed industrial clusters, becoming one of the tungsten industry chain counties nationwide longest. Have high-quality nano-tungsten powder, tungsten carbide rods and other high-tech products, especially the production of tungsten carbide materials, precision mold parts, metal machinery and parts, and other products, has a high melting point, high hardness and wear resistance and irreplaceable advantages of corrosion resistance, widely used in petroleum machinery, aerospace, lighting, chemical exploration, knives, drill and other industries.

Currently, the county has more than 11 scale tungsten processing enterprises, with annual production scale and capacity: 4,000 tons of tungsten concentrates, ammonium paratungstate 10,000 tons, 5,000 tons of tungsten oxide, tungsten powder (containing tungsten carbide powder) 4500 tons, tungsten carbide (tungsten steel) materials 1000 tons, tungsten, iron 6,000 tons / year, tungsten alloy powder 500 tons, CK powder 500 tons, precision metal mold (workers) with 500 tons. 2013, above the county-scale tungsten processing enterprises realized main business income of 8 billion yuan, profits and taxes of 571 million yuan.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: tungsten Association yesterday afternoon, Minmetals, Jiang W tripartite announced November prices are down, tungsten Association guide price, as we did last month fell to 95,000 yuan expect / ton, the actual spot market 60 wolframite price concentrated in 9.1-9.2 yuan / ton, or expected short-term ore price hovering at 9-9.3 yuan / ton. Tungsten powder and tungsten carbide prices continue to decline, the market mentality is very pessimistic, most businesses have been reluctant to deal with the offer, the market increasingly strong bearish sentiment.

Yesterday announced the offer, tungsten end demand continues to slump, the market lacks effective support, and lack of business confidence, tungsten Association yesterday afternoon, Minmetals, Jiang W tripartite announced November prices are down, the market is increasingly strong bearish sentiment.

Ganzhou Tungsten Association guide price, as we did last month fell to 95,000 yuan expect / ton, learned of the transaction on the spot market wolframite concentrate at 9-9.2 yuan / ton vicinity, mainstream or expected short-term ore prices hovering in 9-9.3 Wan 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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