Tungsten spot market activity is low, many businesses on the sidelines . Tungsten smelter home very price consciousness, quotes getting strong, but the actual transaction is still slightly bargaining space , expected short-term market price of tungsten or continue to stabilize the main .

Macro level , the central bank monetary policy meeting expressed unchanged, suggesting no RRR necessary ; HSBC China Services PMI index for March rose to 51.9 , for the four-month high ; IMF says not to expect a rise in global interest rates .


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Tungsten concentrate market gloom , businesses operating enthusiasm is low, hold stocks for the current price not want to ship only a small part of the business has been a slight movement , most of them temporarily offer , watching the afternoon, spot trading was light. It is understood that the current mainstream market of tungsten concentrate prices stabilize, but buyers continue to take this weak market prices down , or even 65 degrees wolframite inquiry 11 below , sell low willingness to hold stocks still strong, the overall turnover of the difficulties .

Short-term analysis of the tungsten market is expected uplink little hope , most traders and buyers are currently suspended action, watching the market , tungsten or continued weak market stability maintenance .


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According to Chinese customs statistics data analysis , in February 2014 Chinese exports of 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. So , it is hard 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 , this premise too , because 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 .

According to Chinese customs statistics data analysis , in February 2014 imported 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 of tungsten concentrate 516 tons , of 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 .


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Tungsten and antimony recovery in export demand has seen the momentum . Since 2011 , antimony tungsten demand continues to slump , especially overseas manufacturing downturn, tungsten , antimony consumption fell again , tungsten exports in 2012 decreased by 20% , in 2013 the amount of tungsten exports fell 21% again. Entered into in 2014 , the trend of decline in exports of tungsten product has ceased, and in January , tungsten exports grew 23% , to February , the total amount of tungsten exports have risen by 32%. Exports of tungsten recovery momentum has emerged . See also improve the export of antimony . In 2011, exports of antimony oxides decreased 19.44% , in 2012 it dropped 3.33 percent , oxides of antimony exports in 2013 fell by 22%. In January 2014 , exports of antimony oxide is still down 13 %, but to February , the cumulative value of exports of antimony oxide on the growth of 12.49% , indicating overseas demand for antimony is also improved.


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Tungsten market : Scheelite market continues to cool, many businesses wait and see . Tungsten Products businesses lack of confidence by the cost downturn, prices have come down by the end of March , but manufacturers because scarce and insufficient exercise price adjustment single power . Tungsten scrap market also continued to wait and see steady turnover overall performance is acceptable , the business mentality of relative calm , the price adjustment is not strong . Tungsten scrap material prices relatively strong, sustained and stable quotes , short-term demand is expected to continue in the doldrums, prices or slightly weaker .

Molybdenum market : more just tender price of ferro molybdenum products remained at the same level , making the venue Quotes uncomfortable positive support . Molybdenum concentrate , molybdenum, iron and other products on the market outside offer businesses a stable , low-cost reduced willingness to take the goods . Expected , under the influence of short-term market demand for steel , molybdenum market prices or weak stability maintenance .

At present , the domestic market today paratungstate prices remain constant light , Request reduce market deserted. Paratungstate mainstream market quotations concentrated in 17.5-17.8 yuan / ton , the actual transaction at 17.3-17.7 yuan / ton, and yesterday was essentially flat. Downstream product demand is poor powder , tungsten carbide and tungsten powder recent turnover situation is relatively stable, but prices are Yindie . It also indirectly affects the ammonium paratungstate transaction and price , the trend is worrisome.


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Tungsten concentrate market gloom , businesses operating enthusiasm is low, hold stocks for the current price not want to ship only a small part of the business has been a slight movement , most of them temporarily offer , watching the afternoon, spot trading was light. It is understood that the current mainstream market of tungsten concentrate prices stabilize, but buyers continue to take this weak market prices down , or even 65 degrees wolframite inquiry 11 below , sell low willingness to hold stocks still strong, the overall turnover difficulties.

Short-term analysis of the tungsten market is expected uplink little hope , most traders and buyers are currently suspended action, watching the market today continued weak tungsten City or maintenance of stability .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten mainstream market prices temporarily stable , waiting agency guidance issued in April , the market has continued steady scrap tungsten wait turnover overall performance is acceptable , the business mentality of relative calm , the price adjustment is not strong . Tungsten scrap material prices relatively strong, sustained and stable quotes , and more are expected to short-term waste tungsten market will continue steady operation.

Waste tungsten steel prices continue to hold steady . Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 187-190 yuan / kg, imported scrap tungsten blade 177-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 179-182 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.8-1.85 yuan / kWh , 50%
Tungsten steady overseas market is still down . 2 evening MB ferrotungsten Rotterdam quote 45.5-46.2 USD / kg tungsten , quotation 53-55 USD / kg tungsten , ammonium paratungstate Europe quoted 363-368 U.S. dollars / metric ton , steady ; Hong Kong offer $ 369-378 / t degrees, high down $ 2 . Expected short-term overseas tungsten Costco will continue weak .


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Tungsten concentrate market turnover continued light , businesses more steady on the sidelines. Tungsten products still lack confidence in the market , manufacturers received inquiries single scarce, the price adjustment underpowered , tungsten market demand is expected in the short term is difficult to have picked up , and the prices continue weakening operation.

Macro level, the State Council to push small-scale economic stimulus , tax cuts shantytowns railway construction ; metals trading volume in the first quarter fell ; U.S. factory orders surge , euro area GDP growth lower than expected.


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Tungsten Market calm, smelter single family received a few inquiries, demand is very weak, but the tungsten market manufacturers to safeguard stability, offer still strong, solid tungsten market before the holiday or will remain stable.


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