Today's tungsten market overall performance continued to deserted, adequate supply, but the downstream demand downturn, the overall still pile up in excess of requirement. Expected if not Shouchu force, May tungsten price will still rise asthenia, or continue to fall nearly 100000 mark.

Yesterday afternoon Minmetals Nonferrous and Ganzhou tungsten co published May guidance prices continue to decline, 65 degree black tungsten concentrate is 110000 yuan / ton, despite the decline compared with April narrowed, but still larger. According to the current understanding of the market 60 of tungsten concentrate near the 102000 yuan / ton, 65 degrees of tungsten concentrate near the 105000 yuan / ton, price guide price is still higher than the actual market price, so in the short term the actual transaction effects, but still to a certain extent on the business confidence.

Though still in the continuous production of manufacturers, but now the price will ship is not high, but the market; shippers also continue to wait and see, but with the guidance prices continue to fall, the shipment will increase, some businessmen to ship but the price is still high, clinch a deal the stalemate; buyers also continued to demand a low price, the transaction is not smooth.


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This month 'guidance price mechanism, the tungsten concentrate prices continue to weaken. Waste tungsten market is still a certain volume, wherein the blade demand is relatively good, the whole trading atmosphere can be, so the market slightly stronger. At present the market wait-and-see atmosphere thick, expected short-term waste tungsten prices more stable trend will continue.

Waste tungsten prices steady. At present, the waste tungsten bit does not tax the mainstream purchase prices concentrated in the 185-188 yuan /kg, imports of scrap tungsten blade 176-180 yuan /kg, domestic waste tungsten blade 167-170 yuan /kg, scrap wire drawing die 178-181 yuan /kg, waste pure tungsten 213-221 yuan /kg. W ≥ 70% grinding material mainstream prices concentrated in the 1.75-1.8 yuan / degree; 50% < W < 70%, 1.65-1.75 yuan / degree; 30% < W < 50%, 1.45-1.55 yuan / degree, stability.


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Anhui province Ningguo City West Port tungsten tin census (sequel) project recently passed the Anhui provincial geological survey management center expert group field acceptance, quality grade is excellent. The preliminary estimate, tungsten tin ore resources volume is expected to reach medium size.

Reportedly, the project is the Anhui provincial geological prospecting special fees (funds) project, the geological survey work, undertaken by the Institute of geological survey of Anhui Bureau of Geology and mineral resources, geological team 322. The census is drilling 14 drilling work, completed 7807.21 meters, generally identified Xi Wu mouth area of tungsten and tin scale, occurrence, morphology and ore quality, has an important guiding significance for the next step prospecting area.


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Yesterday, Ganzhou tungsten CO and Minmetals May tungsten concentrate guidance prices were down, the decline is relatively last month narrowed, closer to the current market price of the actual transaction price, under its influence, the business mentality of weaker, is expected to recently tungsten market or low operation.

The macroscopic aspect, 30 provinces and one quarter GDP growth below the annual target, to a new round of investment; Beijing Tianjin Hebei 2020 formed one hour traffic circle, construction of rail transit network; the Ministry of commerce foreign trade is expected to rebound after May.


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Tungsten market: Festival of tungsten mainstream stabilised, merchants wait-and-see sentiment strong wait for guiding the price has more specific operation. APT price confusion, 16.2-17.3 yuan / ton price is, weak demand, light volume, material price after the introduction, APT price range or narrowing.


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At present, the overall carbide tool in developed countries account for dominant position of tool types, the proportion is as high as 70%. High speed steel cutting tool is reduced from 1% to 2%, the annual rate, this proportion has dropped to below 30%.

At the same time, the whole hard alloy cutting tools in Chinese has become the main tool required for processing enterprises, are widely used in automobile and parts, mold manufacturing, aerospace and other heavy industry, but our tool enterprises is blind, mass production of high speed steel, and some low-end standard tools, without considering the saturation of the market and business requirements, and finally with high additional value, high technology, high-end CNC tool market "away" to foreign enterprises.

According to experts, our tool, the current annual sales of about $14500000000, which was lower than that of cemented carbide tool 25%, domestic carbide tool manufacturing has occupied more than 50% of the tool, a blind production it has seriously can not meet the domestic manufacturing industry, the growing demand for hard alloy cutter, thus forming the vacuum in the high-end market, and finally by the foreign enterprise dominant.


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Tungsten market: Festival of tungsten mainstream stabilised, merchants wait-and-see sentiment strong wait for guiding the price has more specific operation. Sodium tungstate downturn in market sentiment, continued weak demand, prices weak steady, clinch a deal the stalemate. Ammonium paratungstate price confusion, 16.2-17.3 yuan / ton price is, weak demand, light volume, material price, after the introduction of ammonium paratungstate price range or narrowing. Tungsten products downstream demand volume is not obvious, the market wait-and-see atmosphere thick. The business operational intention is generally low, expected short-term market will continue to maintain a stable tungsten.

Day trading, tungsten products downstream demand volume is not obvious, the market wait-and-see atmosphere thick. In May the guidance price of tungsten concentrate mechanism is adopted, the business operation intention is generally low, the current overall mentality are confused, uncertain market outlook change, the transaction is not active. Expected short-term tungsten products market will continue to maintain a stable multi.

Tungsten products market mainstream is still running smoothly. The tungsten powder market price from 264-266 yuan /kg, primary tungsten carbide concentrated in the 263-265 yuan /kg, 290 yuan /kg steel with high pure tungsten bars, 320 yuan /kg.


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Sodium tungstate downturn in market sentiment, continued weak demand, prices weak steady, clinch a deal the stalemate. Some businesses lack of confidence, the market outlook is not hopeful, the market operation cautious, wait-and-see atmosphere thick. It is understood. Many small factories while the five one small chance of false shutdown for maintenance, and the festival has not yet explicitly plans to resume production, low operating rate of manufacturers, manufacturers shipped intention is not strong.

Secondary market quotation ammonium tungstate somewhat chaotic, price range widening, according to the current understanding of the market 16.2-17.3 yuan / ton price has, however, demand not flourishing, turnover continued to light. As expected, nearly two days the guide introduced, ammonium paratungstate market price range or narrowed, and the price is the mainstream or will concentrate in the vicinity of 16.5.


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Postganglionic tungsten market mainstream stabilised, merchants wait-and-see sentiment strong, waiting for the guide introduced. APT price confusion, weak demand, light volume, is expected to be announced after the guide price, APT price range or narrowing.

The macroscopic aspect, in April Chinese PMI edged up to 50.4%; the railway investment to 800000000000, new projects to 64; a quarter of industrial profit increased by 10.1% year-on-year, automobile manufacturing performance.

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