Tungsten Market Analysis

Details: Category: Tungsten's News; Published on Wednesday, 16 December 2015 18:44; Hits: 529

Tungsten market after falling on November, in November and December the price starts to go up stability. The reason that tungsten series products’ price going up is because tungsten price falling down to production cost line so many mines and factories stop to operate and produce. So now spot market has a problems of energy pinch. Besides, some tungsten corporations got union to make tungsten price going up. So the price of tungsten series product are going up. At the same time, because many mines stop operating so tungsten concentrate price going up result in APT manufacturers, ferro tungsten manufacturers and other manufactures hard to buy the raw materials so lead to tungsten series products’ price going up. On the other hand, China State Reserve Bureau has some purchase plan about tungsten and it play a significant role at shore up tungsten series products’ price.

According to the early report, Ganzhou Tungsten Instruction Association after 2 months stop putting up the guide price,at the early of December it put up a new guide price of tungsten price. The guide price compare to maker tungsten price is lower. But due to the reasons which analyzed at the before so tungsten series produces’ price is relatively strong and continue to going up. There are some tungsten product’s guide price which given by Ganzhou Tungsten Instruction Association at the early of December, wolframite concentrate: 62,000 RMB/ton; APT:100,000 RMB/ton, medium grain tungsten powder: 160 RMB/kg.

Tungsten series products market prospect: at present the whole tungsten market is going better and the confident of this industry has improved. However, due to China steel production is saturated and the times of cutting production is coming, so steel industry still depress. Steel industry depress will occurs bad effect at tungsten bar, tungsten rod and other tungsten products. At the same time, there are still have some limiting condition of tungsten products on the market so the up range of tungsten price will not very large. Tungsten market price although going up, but many manufacturers still hold see and wait opinion so the turnover of tungsten will not too much.

TUNGSTEN ALLOY

Tungsten Supplier: Chinatungsten Online www.chinatungsten.com	Tel.: 86 592 5129696; Fax: 86 592 5129797;Email:sales@chinatungsten.com
Tungsten News & Prices, 3G Version: http://3g.chinatungsten.com	Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn