2015 total global demand for tungsten up to 83000t average annual increase rate of 4%

Tungsten is extremely scarce and irreplaceable strategic resource , but also the national economy and national defense irreplaceable foundation of modern materials and strategic resources , manufacturing tungsten carbide known as "dental industry ," Carbide widely in the areas of military, aerospace, machinery processing , metallurgy, oil drilling , mining tools, electronic communications, construction , etc., is the key material tungsten lighting , electronics and other industries. In these applications, has not yet found a direct substitute for tungsten.

Currently, only the world's total proven reserves of tungsten 2.898 million tons , is extremely scarce resources , more than 20 kinds of the world's known tungsten minerals , industrial value only scheelite and wolframite are two, wolframite are quality tungsten ore, scheelite are refractory ores . China 's tungsten resources abundant , accounting for nearly 70% of the world 's proven reserves of tungsten mineral resources , ranking first in the world .

2010-2013 , equivalent to the amount of tungsten concentrate production increased year by year , and reached its highest level in 2013 , tungsten concentrate production was 138,000 tons .

Through the analysis of primary tungsten and "Twelfth Five Year Plan" according to the analysis of waste tungsten tungsten industry, we assume that the future of native producers of tungsten in tungsten concentrate production quota increase of 1% per year , the 2017 Chinese tungsten concentrate equivalent to the amount of production will reach 143,600 tons .

2014-2017 Chinese tungsten ore market analysis research has been mentioned in the report , domestic demand for tungsten basically showing steady growth in the state . Although the impact of the financial crisis is not over , the European sovereign debt crisis is still spreading and so the constraint of global economic development, but the trend of global economic growth will continue, tungsten demand will continue to grow in 2015 , total global demand may up to 83000t, with an average annual growth rate of 4%.


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International tungsten exports improved slightly sluggish domestic demand

According to Chinese customs statistics data analysis , in February 2014 Chinese exports to 1,022 tons of tungsten tungsten ( including mixtures ) , a decrease of 31.78% , mainly due to the impact of the Chinese New Year holiday . The first two months of 2538 tons of tungsten exports , an increase of 5.14% . It is understood from the export enterprises, foreign purchases of normal , is still maintaining some of the old customers purchase , purchases have not increased significantly. It is difficult to judge overseas demand has improved, but it does show a growth momentum. January to March is expected to export 4280 tons of tungsten , an increase of 2.5%.

Tungsten can be seen from the number of major export products , APT, tungsten carbide metatungstate and export volume grew , mainly because of improved environmental standards abroad . January-February exports APT477 tons , an increase of 115.92% ; export metatungstate 409 tons , an increase of 304% ; WC 325 tons , an increase of 10.1 %. Tungsten oxide exports still down 1-2 February exports 487 tons of yellow tungsten oxide , down 7.74% ; export 294 tons of tungsten blue oxide , down 3.61 percent .

Judging from tungsten imports , in February 2014 imports 288 tons of tungsten , 1-2 months of imports 695 tons , down 33 % compared to the same period in 2013 . Scheelite tungsten products are mainly imported , accounting for more than 90% of total imports . By weak domestic demand and the impact of oversupply , the first two months of tungsten imports dropped significantly. January to March is expected to import 1,190 tons of tungsten , down 22.3% .

2014 January-February imports 516 tons of tungsten concentrates , which imports 433 tons of tungsten concentrate in Fujian Province , accounting for 84 % of total imports ; Liaoning imported 26 tons , accounting for 5 % of total imports . Guangdong is imported in previous years, the main areas of tungsten concentrate , from January to February this year, almost no imports. Chinese tungsten concentrate imported mainly from Russia, Canada , Rwanda , Bolivia and Vietnam .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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April 23, 2014 tungsten reference price of all varieties

April 23, 2014 tungsten reference price of all varieties :

Variety name Price Unit
APT 16.80-17.00 Yuan / ton
Ferrotungsten 18.00-18.30 Yuan / ton
Sodium tungstate 13.20-13.50 Yuan / ton
Tungsten 460-480 Yuan / kg
Electrode polished rod 510-520 Yuan / kg
Native tungsten carbide powder 265-267 Yuan / kg



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Weak domestic demand for tungsten concentrate market is still optimistic about the market outlook

Tungsten Market: Scheelite market demand remained weak, thinly traded, the market vulnerable maintenance of stability, businesses generally considered short-term outlook is not optimistic, but constrained by high costs and funding constraints, mostly choose to watch the market.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Northwest Oilfield new pump using carbide for high GLR wells relaxed "exhale"

" Well past the gas-liquid ratio is very high so that we headache, gas into the pump , not only affects the pump efficiency , and may form a ' air lock ', completely unable to produce oil . " Peng Zhenhua technicians engaged in research of mechanical oil , high anti-gas liquid ratio well that he and his team from the beginning to the start of the research project . "We have developed a new pump with carbide material, the parts are optimized connection , strength and stability is absolutely reliable, down to a depth of 3500-4000 m . "The new confidence of employees Cao Chang added .

For conventional pump can not exhaust tube defects, the researchers initially hoped to increase the local pump barrel diameter to form an effective exhaust space with well fluids to facilitate the timely replacement of gas and timely discharge. After checking through stress analysis and strength , the idea was quickly rejected. Considering the single pump barrel after expanding strength and stability will deteriorate , it was thought at the pump barrel "bridge " , which is equivalent to a single layer of the pump barrel collar locator formed by double pump barrel .

" This ' bridge ' is not our way original, Tahe biggest problem is a deep pumping, the pump must be accepted at any point in this innovative test. " Another major anti- double pump designer Zhang Park said.

Single cylinder through the " bridge " to the double cylinder , the inner cylinder after special processing , there is a partial enlarged diameter cavity formed by the gas-liquid replacement is a chamber , which is anti- double the core of the air pump .

When this special tube pump , with the vertical movement of the plunger , the plunger and the lower portion of the continuous gas liquid piston displacement occurs in the upper portion of the tubing , a lower degree of filling of the plunger is improved , thereby promoting the oil open the valve , which can effectively prevent " air lock " to increase the pumping wells pump efficiency and production time .

It is reported that anti- double pump has AT9-14H, S41-6H and TK515 wells in Tahe Oilfield field test conducted after the test pump efficiency up to 86.8% on average , a single well daily gas production reached 1 Articles , significantly lower than the gas-liquid , currently the longest effective exhaust time reached two months.


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Tungsten Market demand remained weak, the overall performance of deserted

Tungsten market : Tungsten Market demand remained weak , with the looming cost ore prices , increased market inquiry thinly traded , but most will ship hold stocks at a loss is very low, and some even want to lower the average cost of low-cost procurement . Tungsten carbide market overall performance deserted , extremely light volume , few manufacturers received inquiry , and many more before production orders based on the market only a small turnover . Recent tungsten prices are expected to climb by this support and maintenance of stability .

Molybdenum market : This week domestic molybdenum products market generally stable , trading not active , manufacturers cautious. Due to sluggish trading businesses , and the new demand has not timely admission , the market outlook is expected to start generating business disagreements , sometimes cheap deal surfaced . However , many businesses choose to hold stocks in the pre sidelines . Molybdenum market or expected short-term maintenance of stability .

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Inquiry tungsten ore increased, but the continuing difficult deal

Tungsten concentrate downstream market continued weak demand , ample market supply , sluggish sentiment continued shrouded tungsten City . It is understood that the current market price closer and closer to 105,000 yuan / ton , the market reported high reduction of tungsten concentrate is expected to short-term market or weak stability maintenance, post- market price range or slightly high callback .

Despite the recent part of the business would like to take the opportunity to purchase low-cost tungsten concentrate , therefore inquiry has increased, but buyers are trying to lower prices , then hold stocks for the second half of the market also have certain expectations, cheap shipping will is not strong , the actual the deal less , buyers and sellers on price stalemate each other , resulting in spot transactions continue to be difficult .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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WC businesses are not active, or the continued downturn in the late

This week the market's overall performance tungsten carbide deserted , extremely light volume , manufacturers received little inquiry , and many more before production orders based, only a small amount traded on the market. Analysis of tungsten concentrate raw material prices continue to believe now running low , tungsten demand is low , the manufacturer is not strong enthusiasm for production , short-term or tungsten market remains in the doldrums run .

It is understood that the current market price is slightly confusing, mainstream quotations concentrated in 266-268 yuan / kg , there are very price conscious individual manufacturers are relatively strong, still strong at 270 yuan / kg , the actual transaction is the main focus at 265 yuan / kg.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Russia tungsten ore vulnerable stability maintenance, post or prices fell

Recent Russian wolframite 50-55 % of the local tax rates remain at $ 295-305 / t degrees , the export price of 270 U.S. dollars / metric ton . Due to weak downstream demand , tungsten concentrate market turnover is not active , the business is not optimistic .

Russia, a monthly demand of 100-150 tons of tungsten concentrate consumption , traders said they received a current supplier wolframite 50-55 % of the tax price at $ 295-300 / t degrees, compared to the previous price without significant changes . Since they still hold some inventory , replenishment no intention in early April . "The current market wolframite 50-55 % of tax quoted at $ 295 / tonne , vendors refused to less than $ 295 / metric ton ship, " he said, adding that the current market supply , supply intense competition between providers , and the demand is not active , the latter price may be slightly lower number .

Another approximately 100 tons of tungsten concentrate on trading traders reflect recent manufacturer wolframite 50-55 % of the tax price at $ 295-305 / t degrees , the export price in $ 270 / ton degrees , relatively stable. He also said : April Scheelite Russian local market demand is not active , turnover is rare , tungsten concentrate prices or a downward trend ; and the export market is not very Tesco , only a few long single being performed , rarely successful conclusion of export transactions .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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April 23, 2014 Tungsten Market early assessment

With tungsten ore prices gradually approaching the cost price , market inquiry increased, but most will ship hold stocks at a loss is very low, and some even want to lower the average cost of low-cost procurement , expected before May ore prices this support and expected to climb stability maintenance .

Macro level, 14 provinces published data : Beijing and Tianjin , Zhejiang, Guangdong and other 12 provinces economic growth rate down ; central bank quasi- drop support the " three rural " prudent monetary policy unchanged ; county RRR financial institutions , funds or release of hundreds billion respectively.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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