Tungsten demand has not improved, the market wait-and-see sentiment strong, both continuous game, contract impasse, although the downstream smelting factory actively sourcing preparing for later production, but the purchaser to continue down the inquiry, the inquiry that lingers in the 10-10.2 yuan / ton range.

Shippers, because near the end, sell mentality more concentrated, foreign quotation generally strong in the 103000 yuan / ton. Shippers hand have together look forward to the traditional peak season Kim Gu, on the other hand is looking forward to early September tungsten Association and Minmetals guide price. Is expected at the end of 8 tungsten market or continued calm, tentative enquiries quotations, or slightly increased, but were not.

Tungsten concentrate prices did not continue to fall, waste tungsten material business mentality by supporting, market purchase volume increased, expected short-term market continue to stabilise. Tungsten steel scrap prices relatively strong. At present, the waste tungsten bit is not including tax price concentrated in the mainstream 189-190 yuan /kg, domestic waste tungsten blade 168.5-170 yuan /kg, imports of scrap tungsten blade and waste wire drawing die is still concentrated in the 178-180 yuan /kg. The content of W 30-40 of grinding material purchasing price concentrated in the 1.45-1.5 yuan / degrees, 50-70 degrees concentrated in the 1.55-1.65 yuan / degrees, 70 degrees or more concentrated in the 1.65-1.71 yuan / degree.

Overseas tungsten, stability is still down. 22 evening MB Rotterdam quotation for 39.7-40.7 dollars / kg tungsten, stable; ammonium paratungstate European price 360-370 USD / ton, stable; Hongkong price 358-370 USD / ton degree, low down $2. The European summer holiday is coming to an end, the overseas market demand to be released, although trading atmosphere not heating, but fell shortly after the resistance will gradually increase, expected short-term overseas market become more stable.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Domestic economy continues to slump, and the actual demand of tungsten market is still weak, so that tungsten concentrate prices fell again this week, mainly reflected in the price of white tungsten concentrate, black tungsten concentrate is slightly strong for it is rare and the grocers are reluctant to sell out. At present, a lot of tungsten market participants are negative to the late market, and hold the attitude of wait-and-see. It is expected that tungsten concentrate will still be weak in a short term.

Recently, tungsten market deal focus on white tungsten concentrate, not black tungsten concentrate. It is reported that the quotation of white tungsten concentrate from purchaser is 100000 yuan/ton for cash, 101000 yuan/ton in a half month. Foreign offer from grocers is 103000 yuan/ton, buyers and sellers are in a stalemate. As we have learned that  dealing price of white tungsten concentrate is cash 101000 yuan/ton.

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
 

The grocers of Tungsten concentrate are reluctant to sell out, and the purchasers force prices down so that the sellers and buyers are in a stalemate, there is less and less dealing and demand, market participants don't have good expectations to the market of tungsten. Although the price of raw materials of tungsten concentrate has declined in a recent, the price of tungsten concentrate is still low basically, but has the possibility of rising. it is expected that the market will be weak in the short term.

The market of Tungsten steel is relatively strong. the price excluding tax of waste tungsten drill is about 189-190 yuan/kg, and waste tungsten blades is 168.5-170 yuan/kg in the domestic,  import waste tungsten blades and waste wire drawing is still between 178-180 yuan/kg, which means the market is still stable. Recently, the market of waste tungsten steel have a certain demand, and the merchants believe that the price of it will not fall in the short term. 

Waste tungsten material prices is slightly weak. The price of grinding material W in 30 to 40 degrees is 1.45 1.5 yuan/degree, and the price of 50-70 degree is from 1.55 yuan/degree to 1.65 yuan/degrees, and over 70 degrees is from 1.65 to 1.71 yuan/degree, which means that the market of it is still stable. the market of Tungsten concentrate stop falling. But the businessmen's attitude is negtative at the end of this month, combined with the fund pressure is increasing, the price is still falling next week, and the market will be stable in the short term. 

The mainstream market of para-ammonium tungstate is in the stability, but the difference among businessmen's quotation from 160000/ton to 164000/ton is big, the dealing focused on low-cost resources. Waste tungsten market is slightly strong, downstream demand and supply of goods is less, the overall volume is not much, and short-term tungsten stock market is in the stability.

Macro aspect, ownership reform will become a focus in the second half of the economy. Solid cast down 7% in the first half for the iron and steel, In August the eurozone manufacturing PMI initial value is 50.8, a new low for 13 months.

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 prices stabilize, but were still less in late August, the seller and the buyer more wait-and-see attitude, waiting for the golden nine is late, tungsten business or to expand the network of relationships, find potential customers. Tungsten steel scrap market there is a certain demand support, so the business mentality is relatively strong, short-term may fall. Expected short-term domestic tungsten city operation of temporary stability.