Tungsten scrap prices continue steady mainstream, market sentiment weakened

Recent tungsten concentrate market demand has weakened gradually return to stable prices, scrap tungsten businesses continue to offer steady, trading volume at present, although there is still some support, but market sentiment weakened slightly from the previous month, the tungsten market is expected to short-term lack of positive support, tungsten scrap market will follow steady sidelines.

Tungsten scrap prices continue steady mainstream. Currently waste tungsten drill mainstream transaction price excluding tax concentrated in 185-188 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, imported blade 177-180 yuan / kg, scrap wire drawing dies 178-181 yuan / kg. Tungsten grinding waste material transaction price of more than 70 degrees between 1.75-1.8 concentrated yuan / kWh.


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Tungsten mainstream market stabilize, the market volume was light

Tungsten mainstream market to stabilize prices, weak demand, prudent smelter operations, market volume was light. Sodium tungstate-order manufacturers, and even a few small factories to suspend production, consumption-oriented stocks are expected to run short-term transient stability tungsten City.

Macro, Li Keqiang visited Britain to help cooperation agreement will be signed $ 30 billion; directed RRR implemented today, the bank money was tight-year exams approaching difficult to reproduce; inadequate housing prices before 10 May financing scale benchmark five percent last year.


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China purchased a large number of rare or used for new aero engine

According to the press release Sina news U.S. media: China will soon be more excellent aero-engine production. The new engine will adjust to higher internal temperatures, with better performance or durability, is likely to be installed on combat aircraft.

One report said the United States, the reason why this trend has been exposed, because there is news that the Chinese are buying a lot of rhenium market inquiry, and this rare metal rhenium can improve the heat resistance of the turbine blades. However, the Chinese production of new or improved engine time is unknown, but the procurement requirements will begin in 2016, some of which will likely demand for reserves.

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2014 of tungsten and molybdenum products industry began to rise steadily

Tungsten, molybdenum because of its unique high melting point, good electrical and thermal conductivity and excellent corrosion resistance and anti-ray capabilities, as boats, heat shield, high temperature furnace structure, ray target, widely used in electronic, medical, glass, steel and metallurgical industries. In recent years, rapid development of China's tungsten and molybdenum products not only meet the needs of the domestic market, but also a gradual increase in the sales efforts overseas.

Analysts pointed out: the data show that in 2013 the tungsten and tungsten products (metal) of the total quota of 15,400 tons, molybdenum (metal content) of total export quota of 25,000 tons. Although in 2013 the tungsten and molybdenum industry trend is relatively sluggish performance decline than in 2012, and some even losses. However, this has begun to steadily rise.

Of molybdenum abundant and widely distributed, the relative concentration in Henan, Jilin, Liaoning, Shaanxi, Zhejiang Province 5, tungsten, molybdenum reserves, production, trade and consumption volume ranked first in the world. . At present, China's tungsten, molybdenum industry as a whole has reached a high level, has been formed from geological exploration, mining, processing to complete industrial system smelting, processing and trade, design, research, education, etc., basically meet the needs of the national economy , part of the technology and products have approached or reached the international advanced level.

China is a large country tungsten, molybdenum resources, at present, most of the required domestic tungsten, molybdenum material basically meet the need, but compared with foreign advanced level, China's rare metallurgical industry in the quantity, quality, size, variety, research and application areas there is still a gap. In addition, the irrational structure of export products, low prices, etc., tungsten, molybdenum resource depletion have faced danger, tungsten and molybdenum products are facing a huge crisis of demand and declining resources, is bound to increase exploration efforts and reduce waste. Meanwhile the production side, to conduct inter-enterprise integration, survival of the fittest. On the export side, but also consciously increase the value-added products, and strive for greater profits.

"2014-2018 China tungsten and molybdenum products market analysis and investment trends research report" shows: With the rapid development of China's tungsten and molybdenum smelting market, associated with the core production technology and R & D will become the focus of attention of the industry's enterprises. Companies with more advanced tungsten, molybdenum processing technology and equipment as a support, to provide better tungsten, molybdenum material and products for the national economy and national defense construction.


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Tungsten mine reluctant sellers shill, businesses to wait and see

Tungsten market: tungsten mine shill reluctant sellers, downstream tungsten demand is low, tungsten concentrate turnover continued light, many small traders funds quilt dead, operational difficulties, now more to wait and see. Tungsten scrap market is still some demand for support, stable business mentality, the price adjustment will is not strong, some may demand the amount of purchase, expected short-term Scheelite businesses or wait and see.

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Tungsten concentrate market running smoothly, many businesses wait and see

Scheelite market running smoothly today, volume is still very small, although the downstream demand continues to slump, but with the continued strong guidance, the inquiry rose slightly, it is understood now downstream tungsten smelter's 60 degrees wolframite Inquire at 108,000 yuan / ton in the vicinity, but also according to the specific transaction and order of payment.

Scheelite expected short-term business or wait and see, for two main reasons: First, the demand continues to slump, limited downstream procurement, volume was light, difficult to sell at high prices; Second, many of the hands holding the goods inventories high, much higher than the current market price, the sale is a loss, and therefore wishes to sell low; Third, tight liquidity in the market, many small traders quilt death, operating a dilemma, only temporary fence.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Waste tungsten mainstream market continues steady turnover without improvement

Recent tungsten concentrate prices held firm, although no significant improvement in trading conditions, but the price will very strong businesses, scrap tungsten market is still some demand for support, stable business mentality, the price adjustment will is not strong, some may demand the amount of purchase, expected short-term Multiple tungsten scrap market will continue steady run.

Tungsten scrap prices continue steady mainstream. Eastern and southern regions of tungsten scrap drill not included in the trading price of 184-185 yuan mainstream focus / kg, Hebei and other northern markets concentrated in 186-188 yuan / kg, slightly higher around $ 2. Waste tungsten blade little difference between the north and south quotes, slightly better than the South needs the North. Tungsten scrap materials market is still some transactions, the downstream demand procurement, market performance was relatively strong.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten demand is low, tungsten ore market volume was light

Tungsten mine reluctant sellers shill, but sluggish downstream demand tungsten, tungsten ore market turnover remained light, the majority of small traders money is stuck, the operation is difficult, at present to wait and see, expected short-term market temporarily stable operation.

Macro level, lending than expected in May, an increase of 201.4 billion yuan; Development and Reform Commission - Commission: Continue Cancel and decentralization of administrative examination and approval; precise force the central bank monetary policy, M2 growth this year of about 13%.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Promote the development of domestic industries demand carbide cutter mold

In recent years, China's tool market maintained a trend of rapid growth, and is expected to create new highs. In recent years, the international tool market maintained a steady recovery, but a conservative estimate of the average annual growth rate remained at around 3% to 5% of domestic demand to promote industrial development carbide cutter mold.

Overall, China's booming metal cutting tools, tool making process needs to mold molding process, which is beneficial to China's mold industry. Further development of the thermal metal cutting tools, and its strong market demand are inseparable.

It is understood that the huge market demand is an important factor in our tool industry thrive in stimulating consumption, China's production scale tool is expanding, driven tool market, China's market demand is bound to be raised cutter mold, will promote the development of domestic mold industry largely. However, the domestic mold industry is concerned, still need to continue efforts to continuously work hard on the overall quality of technology, quality and practitioners take a variety of ways to promote the development of the industry. Industry personnel should also contribute actively to the development of the industry together for the future given their own strength. I believe that in the near future, the domestic mold industry will to a higher level.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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China built tungsten and molybdenum mining of rare earth minerals and other important databases

Comprehensive rely China Geological Survey Bureau, Zhengzhou Geological Survey project results to establish a database of China's major mineral mines inaugurated recently in Zhengzhou.

China Minerals Mining important geological survey project database, "the country's major mines 'three rate' comprehensive investigation and evaluation" based on the results, the construction of coal, petroleum, natural gas, iron, manganese, copper, lead, zinc, bauxite 16061 important mineral mining mineral database ore, nickel, tungsten, tin, antimony, molybdenum, rare earths, gold, phosphate, pyrite, potash, graphite, bauxite and fluorite mining enterprises covering basic information, mine reserves, the technical conditions of mining, mining conditions, the basic situation of beneficiation, utilization of associated minerals, such as the disposal of waste rock and tailings utilization, mining economic indicators, refractory low-grade resource development and utilization of new technologies new technology and other aspects of the case mine production information data.

Establish a database of China's major mineral mines, to fill the cover "three rate" indicator important gap mine data services, will use reasonable evaluation of the level of mine development, mine development and utilization of a reasonable assessment of the reasonableness of the program to provide a reference, for mining provide service support policy research, mineral resources planning, mining situation analysis.


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