Tungsten export market remains quiet in China.

Tungsten export market remains dull this week. Many overseas customers will leave for summer holiday in August, and they are unwilling to add stocks in large quantities.

Owing to the increasing tungsten prices in China, the tungsten export prices are firm now. 

You can visit the following links for more information about tungsten export market.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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China tungsten concentrate market sees few deals.

China tungsten concentrate prices are stable this week. But most of the market participants hold wait-and-see attitudes towards the future market, and the trading volume is small in the spot market.

A tungsten concentrate trader based expressed that the tungsten concentrate market is quiet this week and the prices are stable.

You can visit the following links for more information about  tungsten concentrate prices.

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

China ammonium paratungstate prices (APT  prices) keep firm.

China ammonium paratungstate market (APT  market) keeps quiet this week, and the market participants are cautious in making deals. Most of them are watching the market, and the APT prices are stable now. 

A source from an APT factory based in South China noted that they mainly dealt with the old orders in the recent days. 

You can visit the following links for more information about  ammonium paratungstate prices(APT  prices).

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:      sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
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Kevin Anetsberger, General Manager of Midwest Tungsten Servicesaid it must be remembered that there is a correlation between scrap tungsten and raw material prices, but the two markets are not the same.

According to Anetsberger, tungsten from recycled scrap has a more limited market and that market is largely associated with industrial needs. Industrial activity tends to slow down in the summer, he said.

Furthermore, he also noted that in the past few weeks, raw tungsten prices have begun dropping though at a slower pace.
 

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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Scrap tungsten prices have reportedly dropped from around $14.50-15 per pound to about $13 per pound in approximately a month.

There are a number of theories as to why this is happening. One business owner says that there are suspicions in the tungsten industry of hoarding. Another said it is likely that the big buyers are trying to force a price correction.

Kevin Anetsberger, General Manager of Midwest Tungsten Service, explained that a lot of what is going on right now are seasonal effects. 
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

For those experiencing these problems, buyers’ hesitation and their apparent bargaining power appears to make no sense given the overall tungsten market fundamentals. 

Certain principles are basic – supply shortages, current or forecasted – combined with growing demand drives up prices and limits consumers’ bargaining power. But, scrap dealers are seeing the exact opposite.

Joe Sery, CEO and Owner of Tungsten Heavy Powder, who said he has only heard of the slowdown from another dealer, confirmed that there are current shortfalls .

And that they will continue due to an increasing number of companies recycling scrap – another suggestion of a thriving industry.
 

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

Mike Evans of AR Recycling explained that scrap tungsten prices per pound have hit a peak and business has fallen.
Those in the industry are hoping that the numbers will be stronger later this year, he says, specifically from September to December.

Others in the industry have also confirmed this claim of a slowdown. Frank Stanbach of Carbide Cutting Tools9 said that about a month ago the large scrap buyers just stopped buying.

To put things into perspective, he explained, that one company that he has done business with has millions of pounds of scrap on hand and it’s not moving because there are no buyers.

Stirling agreed that part of the problem right now is that buyers do not want to pay the current scrap  tungsten prices.
 

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

Bob Stirling of PM Recovery6 refers to tungsten scrap as “strange material.” By this, he means the business, not the actual metal. And he is not the only one to report bizarre behavior in this segment of the supply chain.

At a time when tungsten prices have soared, when the lead supplying nation is limiting exports, and analysts are predicting supply shortfalls.

 It may seem reasonable to assume that the scrap market would be booming in a country that classifies the metal as a strategic and critical material7 but has no active mines.

This, however, is not the case in the US, according to some players in the tungsten scrap and recycling industry.
 

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

The report, published by ResearchInChina, highlights mineral reserves, supply & demand and development trends of the global tungsten industry, the policy environment, resource reserves, ore type, regional distribution, supply and demand, competition pattern and development trends of the China tungsten industry, the import and export of product breakdown, and the operation, tungsten business and development outlook of nine Chinese industrial players.

China, as the world’s largest tungsten resource country, holds 58.95% of global tungsten reserves and supplies and around 85% of tungsten ore worldwide. In 2012, China newly added 200,000 tons of tungsten reserves and output 131,100 tons of tungsten concentrates, down 3.35% from a year earlier. Exposed to the restrictive policies on control of exploitation amount and export quotas as well as new limited prospecting of resources, etc, the supply and demand in tungsten market is obviously out of balance, and it is expected that Chinas output of tungsten ore will see limited growth in the upcoming several years, and that global tungsten market will be still in tight supply.

The slowdown in downstream demand from machining, electronics, real estate markets in 2012 caused the sluggish development of China tungsten industry, with the consumption of tungsten concentrate decreasing by 15.6% year-on-year and the lingering price slump.

In China, major tungsten producing regions are concentrated in Jiangxi, Hunan, Henan, Guangxi and Fujian, the combined tungsten concentrate of which occupied over 88% of China’s total in 2012. In particular, Jiangxi came out top in terms of tungsten concentrate output, registering 46,500 tons.

In Jiangxi, leading tungsten processing enterprises include Chongyi Zhangyuan Tungsten Co Ltd, Jiangxi Tungsten Industry Group Co Ltd, Jiangxi Rare Earth Metals Tungsten Group Co Ltd, and Jiangxi Xiushui Xianglushan Tungsten Co Ltd, while in Hunan, the counterparts are represented by Hunan Nonferrous Metals Holding Group Co Ltd and Chenzhou Mining Group Co Ltd.


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

China tungsten carbide powder prices remain firm.

The demand from the cemented carbide market does not show obvious improvements at present, and the customers only purchase from hand to mouth with watching attitude.

The trading volume is small in the spot market with the soft demand. The tungsten carbide powder offer keeps stable as whole, but it is chaotic in the spot market.

You can visit the following links for more information about tungsten carbide powder market.

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