China ferrotungsten market continues to be quiet this week, and the spot market sees few deals been concluded owing the soft demand. The ferrotungsten prices are stable this week.

It is known that ferrotungsten market kept relatively calm last week and the downstream steel mills’ needs were incompetent because it was affected by the policy. Many manufacturers only produced by the orders. It is expected that ferrotungsten market mainly will keep stable in next week.

You can visit the following links for more information about ferrotungsten  prices. Than you very much!

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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With the recovering operating rate for tungsten concentrate factories, the supply increases in the spot market. According to the tungsten concentrate market participants, as the tungsten concentrate suppliers are active in selling materials, the tungsten concentrate prices ease slightly. The trading volume does not show obvious improvements.

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

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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China tungsten carbide powder market continues to be inactive this week. As the demand from the downstream markets does not recover, the tungsten carbide powder market sees few deals been concluded.

In the recent days, the tungsten concentrate and APT offers eased slightly, and the tungsten carbide powder suppliers held offers stable tentatively, and watched the market for a while.

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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Having been approved by the State Council, Ministry of Finance and State Administration of Taxation, the issued Notice of Raising Export Rebate on Parts of Merchandises instructs to increase export rebate on moderately on labor intensive, technological and high value-added products. New standard of export rebate implemented by China involves only one product in machining tools -- tungsten carbide cutting tool of numerical -controlling machines, of which the export rebate rate will be booted to 11%

Insiders express that cutting tool industry has been encouraging the manufacturing of tungsten carbide products for years, and the improvement of the standard of export rebate suggests that the policy has been established in the basis of expanding domestic demand. The standard will benefit the stable improvement of national economy and improve the competitiveness of enterprises. It is said that, since the making of high speed steel cutting tools will cost a lot of resources, besides, the quality and price is rather low, so cutting tool industry has been ignoring it. But now cutting tools are badly in need for Chinese industries, exporting volume is quite large.      

It is reported that the export volume of cutting tools has reached $0.8 billion and most of them are high-speed steel ones whereas tungsten carbide cutting tools only account for several million yuan. The exporting structure, at the same time, has been a factor of international trade conflict. Although countries like America and Germany have not yet respond obviously to Chinese exported cutting tools, Spain and some South American countries have taken place some boycotts.

The raise on export rebate of tungsten carbide products is expected to improve both the manufacturing and exporting of tungsten carbide cutting tools.

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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Ferrotungsten market stabilized last week. In Ningbo and Hunan, the mainstream ferrotungsten price of 70 Group has cincertrated in 175,000-180,000 yuan / ton in Ningbo, Hunan so far. And the mainstream ferrotungsten price of 80 Group has cincertrated in 182,000-186,000 yuan / ton .

It is known that ferrotungsten market kept relatively calm last week and the downstream steel mills’ needs were incompetent because it was affected by the policy. Many manufacturers only produced by the orders. It is expected that ferrotungsten market mainly will keep stable in next week.

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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Currently, mainstream trading prices of the medium particles of tungsten powder concentrate in 270-275 yuan / kg, tungsten carbide 269-273 yuan / kg. The transaction tends to weak and the price gap between different merchants’ is still large.

The prices of tungsten bar, tungsten rod and tungsten electrode continue keeping steady. Mainstream trading price of tungsten electrode polished rod still concentrate in 440-450 yuan / kg, steelmaking tungsten bars 290-295 yuan / kg and individual businesses report 300 yuan / kg. Mainstream prices of high purity processing and brushed tungsten remained in 350-360 yuan / kg. Most of them need to book in advance because of few spot goods resources. So the prices keep relatively stable. Expected that tungsten products prices will keep stable and tend to rise this week.

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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Rotterdam ferrotungsten prices fell slightly again. According to the 13th UK(MB) quotes that the Rotterdam ferrotungsten price is 38.9-39.5 U.S. dollars / kg, and fell slightly. It has dropped 0.1 U.S. dollars / kg compared to the 8th price. The Hong Kong offer is 53-55 dollars / kg, continue unchang; APT quoted in Hong Kong is 355 - $ 360 / ton, Europe continues keeping between 319.4-342.1 U.S. dollars / ton. It is expected that international tungsten price will keep stable in next week.

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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Last week, tungsten products prices remained stable. Currently, mainstream trading prices of the medium particles of tungsten powder concentrate in 270-275 yuan / kg, tungsten carbide 269-273 yuan / kg. The transaction tends to weak and the price gap between different merchants’ is still large. The prices of tungsten bar, tungsten rod and tungsten electrode continue keeping steady. Mainstream trading price of tungsten electrode polished rod still concentrate in 440-450 yuan / kg, steelmaking tungsten bars 290-295 yuan / kg and individual businesses report 300 yuan / kg. Mainstream prices of high purity processing and brushed tungsten remained in 350-360 yuan / kg. Most of them need to  book in advance because of few spot goods resources. So the prices keep relatively stable. Expected that tungsten products prices will keep stable and tend to rise this week.

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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Core Tip: Domestic tungsten ore prices support difficulty, many mine operators who hold goods began to have price adjustment. It is reported that recently funds in downstream part of the enterprise are nervous and  have no help on the actual needs.

Domestic tungsten ore prices support difficulty, many mine operators who hold goods began to have price adjustment. At present, mainstream market price of 65 degrees wolframite concentrate is between 1.52-1.55 yuan / kWh. Some individual merchants’offer tends to weaker and the minimum can be 1.5 yuan / kWh. It is reported that funds in downstream part of the enterprise are nervous and  have no help on the actual needs.

Raw tungsten ore market’s intensity of support becomes gradually weaker. With the adverse transaction, high market prices tend to put pressure to downward, some businesses have become cautious in future market. Overall, the shipments will of mine operators who hold goods has been enhanced, but the terminal and transaction downstream demand is poor. Supplies are in reselling toss between traders. It is expected that tungsten ore prices will slightly float for short-term.

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 remain stable. The mainstream of transaction prices of domestic scrap tungsten blades that does not taxs concentrated in the 171-174 yuan / kg, imported blades 180-182 yuan / kg, scrap tungsten drill 190-192 yuan / kg, scrap pure tungsten blocks 210-214 yuan / kg. Tha mainstream transaction prices of scrap tungsten grinding material wolfram content of more than 70 degrees is 1.76 yuan / kWh; 50-70 degrees 1.66 yuan / kWh; 30-50 degrees 1.5 yuan / kWh, steady. The tungsten ore prices keep steady and to weaken .The businesses’shipment enthusiasm is enhanced. The mentality of scrap tungsten businesses is low because tungsten market transactions are still in poor situation.

Currently, the offers still keep stable. It is expected that scrap tungsten market will continue remaining stable for short term.

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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