China's tungsten carbide industry is developing rapidly, but still there is a problem, the situation is worrying.

Tungsten carbide industry in China the main problems: First, small scale enterprises, industry concentration is not high. According to incomplete statistics, 199 carbide Gold average annual production capacity of 176 tons, with an average annual production of 86 tons, annual output of more than 1,000 tons 4. Less investment in science and technology, The lack of high-end technical personnel, R & D capability is weak. Tungsten carbide industry in China in science and technology inputs less than 3% of the sales revenue, scientific.
 

Ferro-tungsten market was very quiet yesterday, but that was largely a result of European holidays. Today nearly all offers in the market are around USD46.00/kg W in warehouse Rotterdam. It is hoping to purchase a truckload at USD45.50/kg W in warehouse Rotterdam this morning but have nothing concrete yet so the deal is still in doubt. The main problem at the moment is finding material in Europe for prompt release. People are just sitting on their stock and watching the prices shoot up.

China tungsten concentrate market keeps quiet, suppliers inactive in selling materials and most of the market participants hold wait-and-see attitudes towards the future market.

Furthermore, with the increasing tungsten concentrate prices, many tungsten concentrate suppliers are unwilling to sell materials now. The tungsten concentrate market is hard to see the low offers. 

You can visit the following links for more information about tungsten concentrate  prices. Thank you very much! 

Since China adopted a positive and sound macroeconomic policy, the national economy grows rapidly, it results the rapid growth of the tungsten carbide demand. At the same time of tungsten carbide growth in demand, the production is also increasing from 14.5 thousand tons in 2006 to grow to 24 thousand tons in 2011, a compound annual growth rate reaches 10.60%.

Tungsten carbide with high hardness, strength, wear resistance and corrosion resistance is called the "industrial teeth". It is used in the manufacture of cutting-away tools, cutting to

Affected by the holiday of International Labor Day, the transaction in domestic tungsten market was quiet last week (Apr. 29-May 3, 2013), waiting for the guiding price for May to be published by Minmetals and Ganzhou Tungsten Association. The news that China's State Reserves Bureau (SRB) plans to buy about 100,000 t of tungsten conc. remained unconfirmed, but some of enterprises started to purchase tungsten concentrate. For example, China Molybdenum Co., Ltd sold 850 t Scheelite concentrate with transaction price of 1,810 yuan/mtu. The tungsten conc. price in domestic market went up slightly, compared with the previous week. While the price of ferrotungsten and tungsten carbide powder kept at 185,000-188,000 yuan/t and 288,000-292,000 yuan/t respectively.

                          Domestic Tungsten Market Quotation by Products on May 3

                                                             (Unit: yuan/t)

Chinatungsten forecasts that the guiding price in May will be raised and the short supply of tungsten conc. is expected to continue in a short time.

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, WML Version: http://m.chinatungsten.com

                 Beijing, May 6th, 2013 (Chinatungsten online)

                          Domestic Tungsten Market Quotation by Products

                                                                  (Unit: yuan/t) 

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

Mainstream ferro-tungsten prices in the European market have increased almost USD2.00/kg W since last Wednesday, with sales between USD45.00-45.60/kg W in warehouse Rotterdam being concluded already this week.

As of Tuesday, few stockholders in Europe were willing to offer material for sale below USD46.00/kg W in warehouse Rotterdam, and it appears prices are set to lift further in the coming days as traders sit on stocks of material on hand.

Ferro-tungsten originating from Vietnam has been the principle material in Europe for much of this year, with export prices from China often USD5.00/kg W above figures from Vietnam due to higher tungsten concentrate prices and export quotas.

However, delayed export shipments from the large Vietnamese producer through April and now May have led to diminishing stocks of material in Rotterdam. 

You can visit the following links for more information about ferro-tungsten market and tungtsten concertrate prices. Thank you very much! 

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

Ammonium paratungstate market (APT) quiet, prices hold firm.

Owing to the guiding prices, some ammonium paratungstate (APT) suppliers raise offers. But the transaction prices did not recover, and most of the APT market participants hold wait-and-see attitudes towards the future market. An APT factory noted that they make offers for APT at RMB193,000t this week, which kept firm in the last time.

You can visit the following links for more information about APT market. Thank you very much! 

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

Tungsten Concentrate Price (WO3 65%, wt) continued to rising, which has been more than 6% and the price has already hit 125 thousand RMB per ton. Downstream demand of tungsten are mainly on Tungsten hard alloy(about 50%) and Tungsten steel (30%), tungsten concentrated in the Carbide (about 50%). While terminal demand of Tungsten wear-resistant tools, cutting tool and machine tool will depend on industrial development. The output of tungsten concentrate increased 3% in 2012. Domestic production of add-value industry rose to 10% after November 2012, which indicates that domestic demand was stable, which is resulted from demand uptrend news about store.

The price of Tungsten hard alloy has gone up about 20% and Ammonium Paratungstate (APT) has increased 15% from last quarter of 2012. Therefore, tungsten concentrates maybe the main driving factor in the uptrend of the price of tungsten, which indicates the feature of cost-driven. In the context that the global economy is still in a stage of adjustment, it is necessary to see the situation of downstream demand (mainly monitoring data of April Ammonium Paratungstate export), the rise of tungsten concentrate price may indirectly transmit to downstream though affecting the price of Ammonium Paratungstate (APT). In this regard, the price of tungsten may continue to rise. On the contrary, the price may remain stable.

Chinatungsten Online predicted that tungsten concentrate price and APT price will remain the uprising trend in the next several months.

 

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

Cemented Tungsten Carbide is an incredible material. It was originally developed for use as a cutting tool, in machine tools applications, where it still finds wide use today.

When a mixture of powdered tungsten metal and carbon powder are raised to a very high temperature by an arc of electricity, while the whole mass is held in a carbon crucible, there is a complete chemical combination of the two elements to form a big lump of tungsten carbide ( WC ). This lump is crushed several times and then milled to form a fine powder. The powder is screened down to uniform particle sizes.


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