Festival tungsten ore market with little turnover, there are downside risks on October guided

Because eleven holiday impact Minmetals and guided ITIA are delayed announcement led to wait and see mood strong tungsten City, merchants offer and procurement are not active. Expected or will be gradually introduced next two days, and the pricing of risk still dropping in October. It is understood that, today, the latest hair ore prices slightly lower compared to before the holiday, 60-grade scheelite prices have fallen near 1.3 yuan / kWh.

Today is the first day after a small holiday, tungsten market as a whole with little turnover, the market demand continues to slump, APT, tungsten powder manufacturers lack of confidence, not very actively offer this week, the price of tungsten or weak stability maintenance.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten scrap prices continue to decline, the mainstream waste remains steady

October ore prices may fall or still, scrap market hardly immune to recommend low-cost goods and more businesses may be appropriate to take the goods. Waste tungsten material prices remain steady mainstream. 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. Some businesses offer a high degree of material is still slightly higher than 0.03 yuan / kWh. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 185-188 yuan / kg, domestic waste tungsten blade 164-167 yuan / kg, imported scrap tungsten blade 176-178 yuan / kg, down 1-2 yuan; waste wire drawing dies remained at 179-180 yuan / kg. In the overall weak market dragged down high tungsten steel scrap in Hebei offer further lowered price continues to move closer to the lower price. Expected the recent weak market stability.

Overseas tungsten market continues to fall. 3 evening MB Rotterdam ferrotungsten offer $ 39.35-40.5 / kg tungsten, down about $ 0.6. Paratungstate Europe offer 340-360 U.S. dollars / ton degrees, low, dropping $ 5. Hong Kong offer remains at $ 355-370 / t degrees. Renewed weakening overseas demand, the market mentality malaise, trading atmosphere cooling, expected short-term overseas tungsten City difficult to improve.


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Cold freshmen on rare earth tungsten key enterprises in the forum stressed the ability to foster innovation

September 29 afternoon, the city government held part of the key enterprises of rare earth tungsten forum, Mayor cold freshmen attended the meeting. He stressed that all localities and departments should focus on rare earth tungsten industry strive main business income of over one hundred billion yuan this goal, enhance service awareness, innovative services, and guide enterprises to cultivate their ability to innovate, transform and upgrade traditional technologies, thus promoting the city's rare earths upgrading and transformation of tungsten industry. City leaders Guang-Hua Zhou, Liu Jianping attended the meeting.

Cold freshmen said that the current development of the city's rare earth tungsten industry entered a critical period, governments at all levels should take the initiative as an increase of rare earth tungsten helping enterprises, research and develop new policies to promote enterprise development and growth, a new approach to effectively solve business problems and difficulties in the production development. I hope the city's rare earth tungsten enterprises to seize the favorable opportunity for industrial restructuring, accelerate technological innovation, extend the industrial chain, to achieve low-cost expansion, as soon as the business bigger and stronger.

Cold newborn stressed that all relevant departments and units in the hold of the bottom line of environmental protection, we should vigorously the introduction of talent, the introduction of incentives, an incentive mechanism to effectively crack the corporate financing difficulties, expansion difficult, industrial restructuring and a series of difficult problems, effectively address the constraints of the city's rare earth tungsten industrial development bottlenecks.

At the forum, the city of Industry and Information Committee reported on the current head of the city's industrial development of rare earth tungsten, tungsten portion of the rare earth business representatives focused on their own development were carried out the report, the relevant counties (cities, districts), and directly under the relevant units to strengthen service, the implementation of the policy statement was made.

It is understood that this year, January to August, the city's rare earth industry realized main business income of 27.559 billion yuan, up 19.15 percent; tungsten industry realized main business income of 22.931 billion yuan, an increase of 10.5%.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten watching the market sentiment relatively strong, short-term market to stabilize the main

Tungsten market: the National Day holiday approaching, some businesses have returned, market transactions decreased motivation, quote adjustment underpowered. Tungsten steel scrap market transactions deserted, due to low prices more resources, the overall market remained weak. Minmetals and other institutions in turn guided announced in October, the current stock market is still at a high tungsten concentrate, while the downstream demand is stagnant oversupply obvious short-term market is expected to stabilize the main.

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Waste tungsten recommend appropriate amount of temporarily stable prices low shipping

Currently tungsten steel scrap market transactions deserted, due to low prices more resources, the overall market remained weak. October ore prices may fall or still, hardly immune scrap market, the proposed goods and more businesses may be appropriate to take the goods. Tungsten scrap prices are expected to stabilize weak during the holiday season.

Waste tungsten prices low transient stability. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 186-189 yuan / kg, domestic waste tungsten blade 166-168 yuan / kg, imported scrap tungsten blade 177-179 yuan / kg, drawing die 179-180 yuan / kg. Waste tungsten material prices continue to hold steady mainstream. 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. Some businesses offer a high degree of material is still slightly higher than 0.03 yuan / kWh.


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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Market price of tungsten ore business mentality differences chaos

Scheelite weak market stability. Market price is more chaotic, business mentality differences, strong maintenance of stability and price shipments will coexist. Currently, the 65 degree high wolframite still offer 104,000 yuan / ton, lower offer can to 100,000 / tonne or even lower.

October possibilities guided Minmetals and other agencies announced soon, wait and see mood strong upstream and downstream, the current stock market is still at a high tungsten concentrate, while the downstream demand is stagnant oversupply obviously, it is expected to continue to decline slightly in the holiday market larger.


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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National Day holiday approaching, the tungsten market vulnerable stability maintenance

Tungsten market: the National Day holiday approaching, the maintenance of stability of tungsten concentrate prices weak, the market still has no market price, the only inquiry will rise as tentative. Strong willingness to hold cargo shipping business, but the buyer continued to lower prices, buyers and sellers stalemate turnover difficulties. And because of increased environmental rectification efforts, APT, tungsten, tungsten chemical sodium smelter production decreased enthusiasm, coupled with continued weakness in downstream demand, the overall market malaise. Domestic tungsten market before the holiday is expected to continue weak run, prices or temporarily stable sidelines during the holiday season.

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Tungsten chemical manufacturers produce passive, waiting to see October guided

National Day holiday approaching, now part of the business has already returned home, a further decline in market transactions enthusiasm, quote adjustment underpowered. During the festival, Minmetals, Ganzhou Tungsten Association and other agencies or tungsten concentrate will be announced in October and guided the larger expected steady possibilities.

And because of increased environmental rectification efforts, APT, tungsten, tungsten chemical sodium smelter production decreased enthusiasm, coupled with continued weakness in downstream demand, the overall market malaise. Before the holiday is expected to continue weak domestic tungsten City run, prices or temporarily stable sidelines during the holiday season.


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

Waste of tungsten high fall, the overall market decline

National Day holiday approaching, the enthusiasm of a further decline in market transactions, tungsten scrap prices fell again. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 186-189 yuan / kg, domestic waste tungsten blade 166-168 yuan / kg, imported scrap tungsten blade 177-179 yuan / kg, drawing die 179-180 yuan / kg. Hebei region dropped about 1 yuan higher offer, scrap tungsten steel overall market down, low-cost resources gradually increased.

Waste tungsten material prices remain steady mainstream. 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. Some businesses offer a high degree of material is still slightly higher than 0.03 yuan / kWh. October ore prices may fall or still, scrap market hardly immune to recommend low-cost goods and more businesses may be appropriate to take the goods. Expected the recent weak market stability.


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

Tungsten overall market turnover scarce, buyers and sellers slightly stalemate

Tungsten Market Quotes: Quotes vulnerable Scheelite stability maintenance. The market is still in a state there is no market price, the actual volume was light, although a slight Inquiry; but mostly tentative. APT smelter operating pressures, despite continuous cash price down, but raw material prices and market instability caused by financial constraints APT transaction difficulties, tungsten chemical products also continued to decline, affected by poor waste tungsten market mentality, downstream intends to keep the prices down, but holding cargo shipping prices will is not strong, so the overall turnover scarce, buyers and sellers slightly stalemate. Expected to post quotes or continued to fall, or cash price fell 156,000 yuan / ton and below.

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