Domestic tungsten trading atmosphere cold, still weak tungsten chemical market stability, other varieties mainstream temporary stabilize, businesses have adopted a wait-and-see attitude for gold nine pro. Overseas ferrotungsten prices continue to fall, the downstream demand downturn has not changed, expected short-term domestic tungsten city operation of temporary stability.

The macroscopic aspect, China signed 26 documents including the railway transit transport; HSBC PMI hit a 3 month low, approximation and line; the international price of gold fell below $1300 an ounce, fell to a two month low.


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China's tungsten carbide powder material cutting tools for high wear resistance and hardness, processing can achieve the best benefit and can apply to middle and low load or precision requirements of the cutting tool, and the proportion of cutting tools is in increasing on the market. Although the tungsten carbide powder material tool is heyday in the market, research and development of the cutting tool systematic is not perfect, however, remains to be improved, and the development of more comprehensive tungsten carbide powder material cutting tools.

In today's tool market, in terms of substrate materials, mostly uses the performance of high quality tungsten carbide powder material, its composition corresponding brand in the domestic companies are basically the same, such as hardness, density, regular performance reports also almost the same. But the actual use of performance feedback good and bad are intermingled, visible on the tungsten carbide powder material cutting tool systemic research and development is not perfect, in order to break the "mixed", need to systematic research and development of cutting tool. The good control each production link, be sure to do layers, interlocking, to guide the actual production, to ensure the stability of the product.

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Tungsten market: demand continues tungsten City did not improve, businesses wait and see attitude thick, tungsten iron market was still down started, smelters home offer more temporary foreign unchanged, scrap tungsten materials market is difficult to strong business mentality is still weak, there is once again sold fell possible. Intense competition for a controlling stake in the two companies, the city has not yet taken action on tungsten, cautious market participants generally operate turnover stabilized, but the short-term outlook is still looking weak.

Scheelite market stabilized temporarily stable, but there are still some tungsten chemical products continued to fall, scrap tungsten materials market is difficult to strong business mentality is still weak, the transaction price has dropped again possible. At present, there is a certain scrap tungsten steel market demand for support, so relatively strong business mentality, no reduction will. Short-term market is expected to scrap tungsten temporarily stable sidelines.

Tungsten steel scrap prices stable and inflation. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 189-190 yuan / kg, up about 1 yuan; domestic waste tungsten blade 168.5-170 yuan / kg, low rise 0.5-1 million; imports of waste and scrap tungsten blade wire drawing dies still concentrated between 178-180 yuan / kg, the mainstream temporarily steady. Waste tungsten material prices temporarily stable sidelines. Grinding material purchase price 30-40 degrees W content is still concentrated in 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, transient stability.

Overseas tungsten City is still a steady decline. On the 20th evening MB Rotterdam ferrotungsten offer 39.7-40.7 U.S. dollars / kg tungsten, down $ 0.1-0.3; paratungstate European offer of $ 360-370 / t degrees, the Hong Kong offer $ 360-370 / t degrees, transient stability. Although the European summer break coming to an end, but the market demand is still sluggish, the overall atmosphere of quiet trading business mentality is difficult to boost the expected continuation of weak short-term market or overseas.


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Years of over-exploitation, tungsten resources of Chinese  reserve-production ratio has dropped to 9.4 in 2012, which is significantly lower than the average level of the world reserve-production ratio 21.94. Blind and repetitious construction and disordered mining more seriously affected the healthy development of the domestic tungsten industry.

To protect scarce resources, starting in 2002, the Ministry of Land and Resources issued tungsten mining of tungsten concentrate to the nation's "total amount control index", the mandatory plans have been implemented so far.

But in recent years, domestic production of tungsten concentrate overdrafted epeatedly, smelting built before batch processing enterprise, the scale of production has expanded, the tungsten ore exploitation. "In 2013, for example, issued by the ministry of land and resources (tungsten trioxide content 65%) mining of tungsten concentrate index of total amount control of 89,000 tons. But according to statistics released by a third party, in 2013 the national output of 138,000 tons of tungsten concentrate, year-on-year growth of 8.3% also." Zhou Zhongshu said.

Consequences caused by exploitation, in "the tungsten capital of the world" Dayu county of Jiangxi province is particularly prominent. In November 2011, Dayu county was determined by the state council as one of the third batch of resource exhausted cities. Under the Dayu resources exhausted cities transformation development planning (2013-2020), due to long-term high mining intensity, existing tungsten mining using the remaining 61,600 tons, mining duration of less than 10 years.

He said, from a long-term and global view, the lack of unified planning and rational resource allocation policy implementation, will aggravate the disorder of tungsten resources production and vicious competition. At the same time, the western countries in order to obtain cheap supply of tungsten resources in our country, has made China's rare earths, tungsten, molybdenum and other precious metals export management to resort to the WTO, tungsten products face risks and cancel the export tariffs and quotas.

During the two sessions, he submitted a proposal about the scientific and reasonable development of tungsten resource. His advice to strengthen the essence of tungsten miners mining and comprehensive utilization of the strict management of indicators. Suggestions on the basis of the total control of the departments of land and resources, reference index of rare earth resources allocation model, total volume control targets will be mining from the provinces, and will be part of the index of a single large tungsten production enterprises, in order to the provinces and large enterprise internal use reasonable allocation.

Zhou Zhongshu thought, there are three main reasons for this: Firstly,investors value immediate short-term interests, at the waste of resources, "situations ofillegal exploration and mining small open, water flow". Secondly, the local government for the sake of the economic interests of the local, with no small tungsten ore dressing production mining company turning a eye blinding a eye. Thirdly,  it is to policy implementation supervision. In the past two years, the national 115 major mining existed problems, but none received severe punishment by related department.

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Although the tungsten market demand has not been improved,as the drawing near of gold nine steps, tungsten products inquiry a slight increase in raw material market, grocers rised mentality more rich. Tungsten market starts are still down,at the same time, iron smelting factory offers a similar price. But manufacturer received that new orders are very few,neither the actual deal this week.

Reported 70 tungsten iron range offer 171,000-175,000 yuan/ton, and gradually to clinch a deal in lower price; 80 tungsten iron offer near 185,000 yuan/ton, which clinch less deal.The overseas merchants ask more, but volume is still small.

It is expected at the end of August, according to the analysis of tungsten iron market or continue to quiet, markets wait-and-see sentiment strong, but with the end of the summer break, overseas overseas enquiries or slightly increase.

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Tungsten market: the domestic economic recession, demand remains in the doldrums, tungsten, tungsten smelting factories have to continue to offer tentative down, to successfully obtain orders, tungsten, the scarcity of transactions, and prices stable weakening. Tungsten prices continued to decline, leading to scrap market strong, prices start to decline, but the current market turnover. Expected short-term waste tungsten prices or transient stability at. At present, the tungsten market more bearish, mostly wait-and-see, cautious operation, is expected to market of tungsten concentrate short-term or temporary vulnerable.

The domestic economy continues to slump, the actual demand of tungsten market continued weakness, this drag, this week in tungsten concentrate prices again fell slightly, mainly reflected in the white tungsten concentrate prices, wolframite concentrate because of less cargo, shippers sell and slightly strong. At present, the tungsten market more bearish, mostly wait-and-see, cautious operation, is expected to market of tungsten concentrate short-term or temporary vulnerable.

Recently, tungsten market turnover is more concentrate of scheelite, wolframite concentrate little trading. It is understood, the purchaser of Scheelite Concentrate inquiry price is 100000 yuan / ton, half in cash 101000 yuan / ton, shippers foreign quoted price is 103000 yuan / ton, sell the wait-and-see buyers and sellers, not a sign of weakness, clinch a deal the stalemate. It is understood now prices scheelite concentrate more concentrated in cash 101000 yuan / ton.


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Tungsten market demand continues to weaken, and tungsten smelting have to continue to cut offer, tentative order to get success. But the volume is still scarce, demand has been slow to impress,which expected short-term domestic market is still weakening operation.
 
Macro aspect, northeast China reported national 35, some provinces and cities are expected to issue bonds; Ministry of the second batch will eliminate 3 million tons of steel capacity; 6.7 trillion involved, more than 20 provinces and cities designated state-owned assets reform roadmap.

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Due to the recent tungsten concentrate prices continued to decline, leading to scrap market strong, prices start to decline, but the current market turnover. Expected short-term waste tungsten prices or transient stability at.

At present, the waste tungsten material prices fell slightly. The content of W 30-40 of grinding material purchasing price is still concentrated in the 1.45-1.5 yuan / degree, transient stability; 50-70 concentration in the 1.55-1.65 yuan / degrees, 70 degrees or more concentrated in the 1.65-1.71 yuan / degree, fell 0.02-0.04 yuan / degrees. Waste tungsten bit is not including tax price concentrated in the mainstream 188-190 yuan /kg, domestic waste tungsten blade 168-170 yuan /kg, imports of scrap tungsten blade 178-180 yuan /kg, scrap wire drawing die 178-180 yuan /kg. The drill bit market slightly stronger, some merchants offer up trend, other varieties was relatively stable.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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