Ferrotungsten market weakness, factory shipments and profits double low

With raw material prices continue to decline, the downstream market prices are starting to decline, increasing discontinued manufacturers continued to produce tungsten iron manufacturers less, reducing external offer only a small part of the manufacturers take the goods. Due to the high cost of production of tungsten iron to now the price of shipping profits is very small, and more recently has been temporarily discontinued manufacturers plan to resume production, some manufacturers even ahead of schedule shutdowns.

Currently 70 major foreign manufacturers offer ferrotungsten concentrated in 16.9-17.2 yuan / ton, 80 tungsten iron manufacturers offer mainstream focus 17.4-17.7 yuan / ton. It being understood that 70 ferrotungsten cash turnover has fallen below the 170,000 mark, the market is expected to post a tungsten iron or continue steady weakening.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten raw material prices continue to decline, APT manufacturers profit compression

Tungsten market: This week tungsten concentrate prices are constantly refreshed daily low, demand for light, are less market turnover probability and quantity, as raw material prices continue to decline and deepening environmental policy, APT manufacturer profits are compressed started rates lower, to a certain extent supported APT prices, expected late this week or APT prices hovering at 155,000 yuan mainstream / ton.

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Significantly reduce the demand for tungsten ore, downstream manufacturers to stop production increased

This week tungsten concentrate prices are constantly refreshed daily low, demand for light, are less probability of market transactions and the number of expected risk of late still slipped.

It is understood that 55-60 grade scheelite concentrate on the mainstream market price 9.2-9.3 yuan / ton, and this price is still strong willingness buyers continued to weigh on prices. Ore prices continue to decline main causes is more prominent contradiction between supply and demand, oversupply, and this gap continues to pull Dazhong:

On the one hand, tungsten concentrate supply continued to increase; For now the market price, the mine is still some profit, so most of the mines remained exploitation; Meanwhile, the market had had a lot of historical inventory and shipments will increase traders, APT wait for the next downstream smelters family have received many miners offer every day.

On the other hand, the downstream market started shrinking, reducing the consumption of tungsten concentrate. Terminal Carbide no longer marketable, small manufacturers and more discontinued, medium-sized manufacturers have cut production run, and many planned maintenance shutdown recent advance; midstream tungsten products smelter family also reduce the operating rate, for example, less than half of the factory operating rate APT, tungsten, iron manufacturers manufacturers started only single digits.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten steel scrap market highs, the market volume fall

Tungsten steel scrap market highs. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-186 yuan / kg, imported scrap tungsten blade 172-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 172-175 yuan / kg waste pure tungsten blocks 200-205 yuan / kg. Early higher offer businesses Hebei region also began to cut, the range of about 2 yuan / kg, but the market volume was declining, businesses receipt actively poor, will ship nor strong.

Waste tungsten material prices remain steady mainstream. Currently 50-70 degrees scrap tungsten concentrate price grinding material between 1.64-1.7 yuan / kWh, 30-40 degrees grinding material concentrated in the 1.4-1.5 yuan / kWh. Given the current market is still in decline Scheelite channel, it is also difficult to sustain strong scrap prices are expected to decline in the short-term outlook is still possible.

Overseas tungsten City continued maintenance of stability. On the 15th evening MB Rotterdam ferrotungsten offer $ 38.5-39.2 / kg tungsten, ammonium paratungstate Europe offer 340-360 U.S. dollars / metric ton, quoted in Hong Kong dollars 358-370 / t degrees, steady. Tungsten City or expected short-term overseas will continue to stabilize.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market continued to slump, closing difficult to obtain effective breakthrough

Tungsten market: tungsten market continued to slump, sluggish downstream demand carbide, tungsten market turnover difficult to obtain effective breakthrough, tungsten concentrate prices continued dropping tentative, tungsten powder and tungsten carbide market running low, the market generally pessimistic attitude, low-cost resources also will be gradually increased. However, the weak market, the downstream waiting to see atmosphere, the overall turnover difficulties. APT factory operating rate decreased, market prices continue to decline, smaller profit margins of manufacturers, the product is relatively slow-moving, with the raw material of tungsten concentrate prices continue downward, is expected to post 60 or tungsten concentrate prices are expected to fall below 95,000 yuan / ton.

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Tungsten chemical prices lower, smelter production are not enthusiastic home

With raw material prices continue downward tungsten concentrate, APT and downstream Carbide plant on weak demand, APT factory operating rate decreased, market prices continue to decline, smaller profit margins of manufacturers, the product is relatively slow-moving, but sustained by an agency procurement do inventory support, APT tungsten concentrate raw material price declines relatively small.

According to research to understand the current tax APT market acceptance offer concentrated in 157,000 yuan / ton in the vicinity, including tax cash price is concentrated in the 155,000 yuan / ton in the vicinity, and some even 154,000 yuan / ton low. Sodium tungstate factory shipments more difficult, manufacturers negative production, strong factory very price conscious, foreign offer more stability maintenance, but it is difficult to stop the decline, the actual turnover of 96% sodium tungstate more pronounced decline, 96% sodium tungstate tax price of 120,000 yuan mainstream focus / ton in the vicinity, reportedly low 120,000 below market has emerged.


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WC Quotes running low, the market generally pessimistic attitude

Tungsten powder and tungsten carbide market running low. At present, the mainstream is still concentrated in the actual transaction 248 yuan / kg nearby, but some businesses offer has been as low as 245 yuan / kg, the market generally pessimistic attitude, low-cost resources also will be gradually increased. However, the weak market, the downstream waiting to see atmosphere, the overall turnover difficulties.

Tungsten Products weak market stability maintenance. Tungsten steel offer is still concentrated in the 270 yuan / kg nearby, high-purity tungsten 285 yuan / kg, tungsten electrode grinding rod 405 yuan / kg. Because of lower orders scarce, manufacturers are unable to price adjustment, offer still maintain the original level, sentiment is very strong. Powder and products market is expected to short-term or continuation of weak run.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Philadelphia Carbide Adds Tungsten Carbide Parts to Its Line-Up Parts & Components

Philadelphia Carbide Company, suburban Philadelphia manufacturer of tungsten carbide parts has added custom made precision tooling to its line-up of industrial parts manufacturing capabilities.

The tooling can be made in many different configurations and is machined from hard materials—principally tungsten carbide and ceramics. These tools, used by manufacturers to produce' products and components for their own customers, are specially made to conform to the dimensional tolerances, specifications and schedule the customer requires.

Among the parts Philadelphia Carbide has manufactured are products as diverse as water jet plungers, punches, dies and die inserts, high viscosity mixer pins, homogenizer replacement parts, industrial guide rings (G rings), contact tips and pads.

Philadelphia Carbide is equipped with the machinery, processing techniques and experience to produce tungsten carbide parts with OD's or ID's as small as .009” and in lots as small as one and as large as many thousands. Capabilities also include machining of internal, external diameters and thicknesses of .009” on up; internal and external tolerances to .0002”; and surface finishes to one micro-inch (.025 micron).

All parts manufactured by Philadelphia Carbide are subjected to extensive quality control measures to ensure compliance with all technical specifications---starting from certification to ensure the purity and physical properties of the raw materials, through rigid manufacturing controls, to advanced measurement capabilities of the final product.


Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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Tungsten City bearish sentiment strong, businesses will purchase is not high

Tungsten market: strong bearish sentiment tungsten City, businesses will purchase is not high, and continue to suppress the inquiry, downstream manufacturers of tungsten very price conscious enhanced, resulting in market prices slightly confusing, the whole city with little turnover tungsten week or steady slight decrease based. Scheelite raw material prices continue to decline by the impact of waste tungsten market sentiment is very strong, businesses generally do not have the intention of receipt, and continue to suppress the inquiry, the current market price performance of the whole chaotic, cheap and frequent. Market long overdue positive factors, there is no breakthrough demand in the short term, business confidence has repeatedly frustrated tungsten, tungsten increased smelter shutdowns and other home, home on the downstream smelters intent to purchase less raw tungsten concentrate, tungsten concentrate quotes continue to decline, although the price low, but turnover is rare.

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Widespread throughout the city bearish tungsten, scheelite concentrate harder to deal with votes

Entire general tungsten City bearish, the market as yet no positive factors, there is no breakthrough in the short term demand, tungsten business confidence has repeatedly frustrated, increasing tungsten smelter shutdowns and other home downstream smelters home purchase raw tungsten concentrate less on intent, Scheelite quotes continue to decline, despite the low price, but turnover is rare.

It is understood that 60 scheelite has emerged & le; 9.5 yuan / ton of low price, 60 wolframite inquiry are as low as 9.5-9.6 yuan / ton. And because a large inventory of tungsten concentrates, smelter home less demand, the price of tungsten concentrate market is chaotic, black tungsten concentrate 50-60 degrees difference was not significant, some manufacturers only purchase wolframite, some manufacturers do not only purchase tax of tungsten concentrate, most manufacturers to suspend procurement, watching the market. Is expected this month or tungsten concentrate prices will continue to slow down.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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