Ganzhou Tungsten Tungsten Industry Association April average market forecast: wolframite 115,000 yuan / tonne mark, APT 17.6 yuan / ton, tungsten powder 274 yuan / kg, down 2.54%, respectively, compared with March, 3.83%, 3.86% .


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China Minmetals announced in April 2014 guidance tungsten concentrates, 65% wolframite offer for 120,000 yuan / ton, 65% scheelite quoted at 119,000 yuan / ton, compared with March were down 11.11 percent quote , 11.19%.


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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.

Global economic recovery , demand has picked up the potential for tungsten and antimony . Overseas Economic track to recovery , especially in the recovery efforts in the U.S. manufacturing sector , the automotive industry and the real estate industry is still very strong, the EU also has entered the expansion phase manufacturing , real estate and automotive industry is also now signs of improvement . Experienced a downturn after two or three years , overseas demand for tungsten and antimony has the potential to rebound . Antimony tungsten industry structure is better , if demand picks up , companies will benefit. For example , tungsten is one of the advantages of resource species, in 2013 , despite the poor demand, but are still subject to the price of tungsten and tungsten concentrate Shouchu rumors Minmetals support the bulk purchase of tungsten concentrate , in the first half , the market price of tungsten concentrate with Minmetals , Ganzhou tungsten Association 's guidance and rising steadily rising . The second half of tungsten concentrate prices have adjusted to display China's tungsten industry control over the core business of the market to improve . If the market demand has been restored, can be expected to benefit from price movements in the enterprise .

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Tungsten market : With the decline Minmetals and guidance of the Association of tungsten , tungsten City see atmosphere is very strong , active low trading businesses ; tungsten concentrate prices mainstream weaker , but declines is limited, most market participants are still on the sidelines . Tungsten scrap merchants offer temporarily remain steady, the current downstream receipt can still be active , so the market is still some volume support, the market is relatively strong. Guidance is expected to decrease the likelihood of larger, but its magnitude determines the current market price of ups and downs . Prior guidance published material tungsten market or temporarily unable to fluctuations.

Molybdenum market : current external molybdenum products market continued to maintain a high profile rising trend, have a positive impact on domestic business mentality . However, because steel demand and tender price level is difficult to raise , no raise prices of molybdenum products . Foreign businesses reluctant to sell low-priced , offer a stable , prices lower risk mitigation . Expected short-term molybdenum market or stable.

It is understood that in 2014 the top ten in Jiangxi investment projects in strategic emerging industries , the proportion of new materials for more than 20 %. Tungsten hardfacing projects including new materials , high-performance materials and new applications carbide tools project , annual output of 4,000 tons of cobalt metal new materials industry projects , annual output of 40,000 tons of nickel and cobalt metal materials and new materials supporting the project , tungsten ultrafine nano grain , coarse grain high-performance carbide special projects 102 projects.

According to reports, the new materials industry projects in Nanchang Anyi 40,000 tons of nickel and cobalt metal new materials and materials supporting the project concern. Anyi investment of 1.8 billion , is intended to be crude hydroxide abroad after laterite enrichment as raw materials, compared with the original independent domestic and foreign energy saving technology has significant advantages " rich nickel and cobalt hydroxide a mass of nickel refining process to extract new "technology construction projects of new materials , nickel and cobalt metal . An annual output of 40,000 tons of nickel project , 2,000 tons of cobalt metal . Project is divided into two construction . Currently a project has been requisitioned land , and to achieve "a six level ."


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With the decline Minmetals and guidance of the Association of tungsten , further weakening business confidence , but because of the current market prices are close to cost line , holding business profitability is very weak, cheap shipping will remain low, most market participants are still on the sidelines , the market turnover is rare .

It is understood that currently more than 60 degrees wolframite inquiry focused on 1.47-1.5 yuan / kWh, kind tons quotes are below 110,000 yuan / ton.

Analysis of tungsten concentrate prices are expected this month, weakening the mainstream , but the decline is limited, there are two main supporting factors , while prices have been approaching the cost of the line , on the other hand holding the goods on the market in the second half of tungsten still have certain expectations, is likely to hold stocks on the sidelines.


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Yesterday tungsten ore bodies slashed guidance , tungsten City into vulnerable situation , tungsten scrap merchants offer temporary still steady, the current downstream receipt can still be active , so the market is still some volume support, the market is relatively strong. Tungsten scrap market is expected to more than short-term will continue steady, if tungsten concentrate prices back down again , then waste no shortage of tungsten may subsequently decline .

Tungsten scrap prices continue steady mainstream . 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%


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April agencies slashed guidance , adjusted slightly higher than the current market price , the market mentality consequent weakening , businesses increasingly sluggish trading enthusiasm . Short-term market is expected to more than tungsten City will continue to run weaker .

Macro , small and micro enterprise income tax , imposed standards raised to 100,000 ; Yunnan power to change the direct purchase price is expected to 0.4 yuan / kWh ; U.S. stocks closed higher on the Nasdaq rose 0.81% , the New York oil prices rose 2.1%.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Products weak market stability maintenance . The current market price of tungsten concentrate in mainstream powder 271-273 yuan / kg, native WC 270-272 yuan / kg, while the actual transaction mostly concentrated on 270 yuan / kg of low-cost resources. Tungsten steel mainstream price 290 yuan / kg, high-purity tungsten 320 yuan / kg, tungsten electrode grinding rods 405-415 yuan / kg, steady .

After the festival , the market trading environment has not been restored , together with the Association of Minmetals and tungsten guidance yet to be introduced in April , tungsten products market is also in a wait state , the business mentality is more pessimistic market outlook is expected for the poor , it is generally lower operating enthusiasm . Tungsten products market is expected to more than short-term steady weakening trend will continue .


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Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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