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 .


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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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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 .


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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.


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Tungsten market : tungsten smelter home very price conscious, but the actual turnover of more or less in the offer , and by weak demand dragged down , only a small amount of turnover . Sodium tungstate market performance light, tungsten concentrate difficult market turnover continued weakness in demand , volume was light, weak market stability maintenance , businesses generally considered short-term outlook is not optimistic, but constrained by high costs and funding constraints , mostly choose to watch the market . Tungsten scrap market limited supply, weak stability maintenance mainstream market , the market is expected to post or continue to slowly dropping .

Molybdenum market : the current rally has slowed domestic molybdenum products , because many businesses in order to complete the original process, and downstream buyers to buy more cautious attitude , a little to quell market trading fiery atmosphere . Lowering the cost of production is difficult , molybdenum and iron manufacturers offer continues to maintain solid . Steel trick late approaching, expected short-term business outlook is expected to remain optimistic side .

At present , the domestic prices of ammonium paratungstate market volatility is not today , downstream manufacturers demand the release of slow sellers to ship helpless speed slowed . Paratungstate mainstream market quotations concentrated in 17-17.2 yuan / ton , the actual transaction at 16.8-17.1 yuan / ton , basically unchanged from yesterday .

Recent inquiry fewer buyers and pushes prices lower, but the seller will not accept Inquiry basic low-cost , the two sides deadlocked . Manufacturers to maintain normal production rhythm , no clear cut, cut signs. Sodium tungstate market performance light, transaction difficulties , 96% sodium tungstate manufacturers offer more in the 130,000 yuan / ton in the vicinity , but the actual transaction , or slightly lower, at about 12.7-12.9 yuan / ton.


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Tungsten smelter home very price conscious, offer more stability maintenance this week to wait and see the market , but the actual deal more in the following quote , dragged down by weak demand and only a small amount of turnover . Sodium tungstate market performance light, transaction difficulties , 96% sodium tungstate manufacturers offer more in the 130,000 yuan / ton in the vicinity , but the actual transaction , or slightly lower, at about 12.7-12.9 yuan / ton.

Paratungstate manufacturers offer more than the 170,000 strong , some businesses offer flat temporarily offer or to wait and see the market ; minority now the price will ship very low price for the business , and even reported a 175,000 yuan / ton price . However , buyers lower prices continues, the market can not buy low-cost , high difficulty of the actual spot market transactions are 170,000 or less , the market sentiment , businesses are more worried about the market outlook , post or continue with the raw materials market was slightly lower .


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Tungsten scrap market limited supply, weak stability maintenance mainstream market , today part of the scrap tungsten steel product prices edged down 0.5 yuan / kg , the range is mainly down low down. The main reason is down : money is tight, cash transactions continue to drive down prices , leading to market low-priced lower price range widened. Tungsten steel scrap market is expected to post or continue slowly dropping .

Because the blade versatile , mobile and faster , so in the current market downturn , domestic waste tungsten tool relatively strong performance , prices continued to firm in the 167-169 yuan / kg ( excluding tax ) . With the falling price of cobalt , cobalt containing higher amounts of waste tungsten drill, prices fell even more sharply , coupled with tight capital market , scrap tungsten drill cash transactions have been pressed lowest price to 185 yuan / kg in the vicinity .


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Tungsten concentrate market demand remained weak , thinly traded , but the price by the cost of support and temporary maintenance of stability , businesses generally considered short-term outlook is not optimistic that the current multi-choice watching the market , caution is expected shortly tungsten market prices or disadvantaged trimming.

Macro level, oil prices are expected to increase Thursday , amplitude, or up to 130 yuan / ton ; Land Department to determine the real estate registration schedule: three years after the full implementation ; China 's economic slowdown , the market is betting the central bank to maintain loose .


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April 21, 2014 tungsten reference price of all varieties :

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