Domestic scrap tungsten sidelines temporarily stable, maintain steady trend overseas tungsten City

Tungsten steel scrap prices firm holding stability. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 189-190 yuan / kg, domestic waste tungsten blade 169-170 yuan / kg, imported waste and scrap tungsten blade drawing die is still concentrated in the 179-180 yuan / kg, stable. Market demand is acceptable to support strong business mentality, there are increasingly high price trend.

Waste tungsten material prices temporarily stable sidelines. Grinding material purchase price 30-40 degrees W content focused on the 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in the 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh. September Scheelite guide price has been introduced, which Minmetals steady, Ganzhou Tungsten Association lowered slightly affected market confidence. Tungsten scrap merchants have no plan price adjustment, offer still holding stability, no significant improvement in turnover. Short-term market is expected to more than scrap tungsten will continue steady.

Overseas tungsten City maintain steady trend. The 5th evening MB Rotterdam ferrotungsten offer 40-41 USD / kg tungsten, ammonium paratungstate European offer of $ 350-360 / t degrees, the Hong Kong dollar offer 358-370 / t degrees, are steady. European summer break ended, overseas downstream demand to be released, the market sentiment gradually improved, trading atmosphere gradually recover, expected short-term overseas tungsten City stable and inflation is running.


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