Tungsten market: this week the tungsten demand not obviously improved, although the downstream APT smelting enterprises sustained inquiry, but the price is lower than the shippers expectations, buyers and sellers are not a sign of weakness, the overall market volume was light, tungsten powder and tungsten carbide market price disorder situation slightly improved, high price difference narrowed significantly, although the current transaction performance is still the poor, but because of tungsten concentrate prices bottomed, powder businesses also unwilling to continue to cut prices, the market atmosphere of wait-and-see thickening. The demand of sodium tungstate market downturn, turnover difficulties, manufacturers still production, is expected to market steady operation.

In April 2014, the export of tungsten trioxide is mainly distributed in Japan, Spain, Netherlands, Belgium and South Korea, United States, Sweden, and Japan accounted for the largest share of 39%.

The following is  export distribution of tungsten trioxide in April, 2014:

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
 

China is a power in producing tungsten, occupied a large proportion all over the worldwide, which makes our country have great superiority to tungsten trioxide export. Statistics show that China's tungsten trioxide export to many countries with large quantities.

The following is export list of tungsten trioxide in June, 2014:

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 trioxide is a kind of yellow powder, and insoluble in water, but soluble in alkali, slightly soluble in acid. It is used for high melting point alloy and cemented carbide, tungsten wire and fire prevention materials etc,  which has very extensive application, and is very popular in the field of production and processing.

The following  is June 2014 tungsten trioxide import statistics

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
 

Demand for tungsten did not improve, the market is in a state of wait-and-see. Buyers and sellers continue to be in a stalemate game, although downstream smelting plants are active to look for supply of  tungsten in order to prepare for later production, the purchasers go on lowering quotation. nowadays, the inquiry is in the range of 100000-102000 yuan/ton.

For the end of the month is coming, the suppliers are reluctant to sell out, quotation for foreign countries is over 103000 yuan/tons. on the one hand, the suppliers are eager to the coming of traditional peak season--gloden Sep,  on the other hand, they are looking forward to the quotation from association of tungsten and the leading tungsten companies in early September. It is expected that at the end of August tungsten market will continue to be stable, and tentative quotation and enquiries will increase slightly increased, but the volume is not much.

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 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
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

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.