Tungsten scrap prices stable, the market mentality poor

Tungsten concentrate prices continued weak run, tungsten chemical products also continued to decline, affected by poor market sentiment scrap tungsten downstream intentionally keep the prices down, but holding cargo shipping prices will is not strong, so the overall turnover scarce, buyers and sellers slightly stalemate. Short-term market is expected to die hard tungsten scrap weak pattern.

Waste tungsten mainstream market continues steady. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 187-189 yuan / kg, domestic waste tungsten blade 167-169 yuan / kg, imported scrap tungsten blade 177-179 yuan / kg. W tungsten content of the waste material purchase price grinding 30-40 degrees concentrated in 1.4-1.45 yuan / kWh, 50-70 degrees concentrated in the 1.5-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.7 yuan / kWh.

Overseas tungsten City remain stable. 26 MB ferrotungsten evening Rotterdam offer 40-41 USD / kg tungsten, ammonium paratungstate Europe offer 345-360 U.S. dollars / metric ton, quoted in Hong Kong dollars 355-370 / t degrees, steady. Gradually release overseas demand, the market mentality began to improve, gradually warming the atmosphere transaction, expected short-term overseas market stable and inflation is running.


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