Tungsten market: tungsten market continues deserted run, end demand downturn, tungsten concentrate spot market volume was light, the two sides continued stalemate on the issue price. Since tungsten businesses generally bearish outlook, the price is more inclined to tungsten concentrate buyer, resulting in lower tungsten concentrate has continued to edge lower, today mainstream tungsten products prices temporarily vulnerable stability maintenance, most of the market this week is expected to circulate 50-55 degrees fine scheelite or concentrate ore prices in 6.6-6.8 yuan / ton.

Molybdenum market: domestic and molybdenum market remains in the doldrums, the domestic molybdenum prices often decline in the price down no bottom line. Molybdenum concentrate, ferromolybdenum prices diving, panic intensified. Next week molybdenum market continues to remain low.

Tungsten deserted city continues to run, end demand downturn, today's mainstream tungsten products prices temporarily vulnerable stability maintenance, most of the market this week is expected to circulate 50-55 degrees scheelite price or concentrated in 6.6-6.8 yuan / ton.

Macro level, institutions predict that GDP growth in the second quarter, less than 7% rise is expected to stabilize in the second half, the overall judgment, the third quarter GDP growth should be around 7% over the second quarter, a slight rise of about 0.2 percentage points.


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Tungsten market: With the tungsten market gradually into the traditional off-season in July and August, businesses operating enthusiasm low, overall demand is low, turnover focused on low prices, smelter stopped production intensifies, traders operating cautious. Sodium tungstate low market demand, smelters family has been by a single production, strict inventory control, production enthusiasm is low, price, lack of motivation. More bearish outlook tungsten, tungsten-based products at low prices attempt plate steady, but there are varying degrees of risk was down late feed of.
 
Molybdenum market: domestic and molybdenum markets are facing shrinking demand situation, market transactions deserted, short-term mutual containment and dragged inside and outside. The latter part of the domestic development of the market will be filled with the crisis, although the mills tender, but can not withstand the overall decline, dropping again likely.

Downstream alloy powder manufacturers and manufacturers do not have much need for APT procurement, along with tungsten market gradually into the traditional off-season in July and August, businesses operating enthusiasm low, bearish market sentiment strong. It is understood, APT cash price concentrated in the 11.1-11.3 yuan / ton, offer a low cost of support continues to plumb blocked, but the market is to reduce the high offer, the current redemption price foreign manufacturers focused on the 11.4-11.5 yuan / ton, has no 11.6-11.7 yuan / ton in the offer. Expected, APT market price has dropped nearly at the bottom, the latter continued to decline limited space, material July APT prices mainstream or concentrated in 11-11.4 yuan / ton.

Sodium tungstate low market demand, smelters family has been by a single production, strict inventory control, production enthusiasm is low, price, lack of motivation. Compared to other species, the fall of sodium tungstate is lagging behind the recent smelter home outside offer is only down 500-1000 yuan / ton, 96% sodium tungstate Quotations focused on the 9.5-9.6 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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With the tungsten market gradually into the traditional off-season in July and August, the overall demand for tungsten market downturn, turnover focused on low prices, smelter stopped production intensifies, traders operating cautious, more bearish outlook tungsten, tungsten-based products at low prices attempt to stabilize the disc, but there are different degrees of risk was down late material.

Macro level, institutions predict that total investment in June continued to decelerate, many provinces deploy stable investment; investment and financing 700 000 000 000 CITIC help "along the way" strategy; local integration to accelerate the disposal of state-owned assets.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: tungsten downstream demand continues to slump, tungsten-based products do not sell on price, tungsten ore raw material procurement side continued down the inquiry, to avoid upside down and get small profit, the tug of war buyers and sellers prefer buyer price, spot price constantly Yindie expected short-term ore price stability maintenance or vulnerable, but low or slightly dropping. Overseas APT quotation rebound, latest MB British Metal Bulletin latest offer in a high increase of $ 10 paratungstate Europe 215-230 up $ 5 / metric ton. Short-term domestic APT price or stabilization.

Molybdenum market: domestic and foreign market performance deadlocked, the price falling risks remain. Although steel procurement ferromolybdenum market, it is difficult to drive the market enthusiasm, turnover is not ideal, the weak downstream demand has not improved, the market outlook bearish; molybdenum chemicals market is facing money withdrawn from circulation more difficult, more consumption of inventory-based. Difficult short-term market is expected to turn for the better, the decline difficult to cut.

Overseas APT quotation rebound, latest MB British Metal Bulletin latest offer in a high increase of $ 10 paratungstate Europe 215-230 up $ 5 / metric ton. At the same time, continued to decline ferrotungsten Rotterdam, offer a high level dropped to $ 28.6 / kg, overseas tungsten iron prices fell below $ 29 overall, the market has no price $ 29. After the expected impact of overseas markets, short-term stabilization of the domestic price or the APT, tungsten, iron fell slightly.

Tungsten concentrate buyers and sellers continued stalemate on the price, but because businesses generally bearish outlook tungsten, tungsten concentrate price is more inclined to the buyer, 50 degrees scheelite cash price has been as low as 67,000, and the buyer is still tentative inquiry of the decline in the latter part of the ore price still was down risk.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten downstream demand continues to slump, tungsten-based products do not sell on price, tungsten ore raw material procurement side continued down the inquiry, to avoid upside down and get small profit, the buyers and sellers in the transaction price is more interested tug buyer, the spot price continues Yindie expected short-term ore price stability maintenance or vulnerable, but low or slightly dropping.

Macro, June manufacturing PMI final value is less than expected, interest rates drop quasi space continues; Guangzhou in the first half GDP growth of nearly 8%, the economy is generally stable; the World Bank expects China's economic growth this year of 7.1%.


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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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten market: With the raw tungsten concentrate prices continued to decline, tungsten market activity decreases, tungsten smelters stopped production increase will reduce foreign quote, tungsten end demand has not yet improved, coupled with the impact of foreign low-cost supply into the domestic market traders operate low motivation. Expected to enter July, the tungsten market into the traditional off-season, the price of tungsten or continued to hover in the low, tungsten, or the spot market traded stalemate continued.
 
Molybdenum market: International Molybdenum market appeared to stabilize the situation, however, is difficult to predict the impact on the market outlook, the domestic molybdenum prices more on the sidelines. Quote inability to adjust, molybdenum oxide, molybdenum concentrate market is quiet, traded weak, molybdenum iron also increase the difficulty to take the goods. Currently molybdenum market prices is not optimistic, expected short-term will continue to weaken.

With raw material prices continuing to fall tungsten concentrate, tungsten end demand has not yet improved, coupled with the impact of foreign low-cost supply into the domestic market, scrap steel prices continue slipped tungsten, tungsten scrap drill (bar), tungsten scrap import blade auction constantly Yindie domestic waste tungsten blade by a relatively small impact of low-cost supply overseas.

It is understood that the waste tungsten drill mainstream market turnover concentrated in 130 yuan / kg to succeed, manufacturers also sell directly about nearly 135 yuan / kg, tungsten scrap import price blade fully below 130 yuan / kg, some low even with high domestic blade close .


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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