Tungsten sluggish market demand, combined with the new guide price to be announced recently active low tungsten business operations, more than wait and see, tungsten spot market transactions will continue deserted, tungsten-based offer stability maintenance.

Macro level, the yuan jumped to pay top spot in Asia, steadily push forward the process of internationalization; a quarter of the US economy shrank 0.7 percent, dragged down full-year growth forecast; Greek debt default risk continues to heat up.


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Last week (May 18 week) The European Parliament voted to approve the proposal to prohibit any African war zones disputed mineral products, hoping to complete resistance to these minerals supply chain outside Europe.

The ban will ensure that these revenues tungsten ore, tin, tantalum and gold minerals obtained by the sale does not go into the pockets of warlords.


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Tungsten market: tungsten demand yet to see positive factors, tungsten prices edged up in June or dashed expectations, business confidence weakened further tungsten, tungsten ore high offer reduced powder smelter home slightly lower offer, short-term tungsten market is still steady weak consolidation maintenance of stability. In order to avoid risks, tungsten scrap purchasing large traders to lower prices, resulting in a relatively low range last week, slightly lower; however downstream alloy manufacturers purchase less but little change in the purchase price is expected to scrap tungsten steel market stabilized temporarily vulnerable.

Tungsten demand yet to see positive factors, tungsten prices edged up in June or dashed expectations, business confidence weakened further tungsten, tungsten ore high offer reduced powder smelter home slightly lower offer, short-term tungsten market is still weak consolidation steady maintenance of stability.

Macro level, "along the way" list of projects surfaced, the national project will exceed 900; the central bank directed repurchase: can not be simply regarded as money from loose tighten; cool steel demand in emerging markets.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: near the end, tungsten smelter home operating more cautious, more to maintain the same price, the tungsten carbide particles in the mainstream offer 200 yuan / kg, but the actual turnover of more than 200, expected in June tungsten powder guidance or continue decline. Operating rate of less sodium tungstate market, smelters home very price conscious enhancement, foreign purchase has been quite at 10-10.1 million, but the actual turnover of only 9.7 yuan / ton from top to bottom, and because demand continues to slump, is expected to post price still lower risk.

Near the end, tungsten smelter home operating more cautious, more to maintain the same price, the tungsten carbide particles in the mainstream offer 200 yuan / kg, but the actual turnover of more than 200, expected in June tungsten powder guidance or continue to decline.

Macro level, the central bank: 7% growth rate this year is expected to maintain and continue to implement prudent monetary policy; the Yangtze River economic zone plan or the introduction of the second half, the central province of docking acceleration; Greek debt default or countdown.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Sodium tungstate market this week, the operating rate of less smelter home very price conscious enhancement, foreign purchase has been quite at 10-10.1 million, but the actual turnover of only 9.7 yuan / ton from top to bottom, and because demand continues to slump, prices are still expected to post turnover lower the risk.

APT manufacturers offer more firm at 12.2-12.4 yuan / ton, then the mainstream market price of 11.8-12.2 yuan / ton (cash - acceptance). Near the end of the smelter home orders less stock market activity is also lower, the actual turnover of more light, more businesses are expected sidelines waiting for the introduction of the new guidance, before or operating low enthusiasm.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: near the end, tungsten smelter return funds home-based, low operating actively, thus tungsten mainstream price stability maintenance; but scrap tungsten steel market due to reduced demand for downstream manufacturers offer lower again, two days tungsten drill bits and other waste Prices have declined or different magnitudes. Although tungsten scrap steel market supply is tight, but the downstream demand for alloy manufacturers purchase less, leading to this week, tungsten steel scrap prices slipped again, and the high-low-cost differences, the price is a bit confusing.

Although tungsten scrap steel market supply is tight, but the downstream demand for alloy manufacturers purchase less, leading to this week, tungsten steel scrap prices slipped again, and the high-low-cost differences, the price is a bit confusing.

It is understood that the price of scrap tungsten drill mainstream 142-145 yuan / kg, tungsten scrap import blade 133-136 yuan / kg, the domestic scrap tungsten blade 125-128 yuan / kg. However, the actual distribution market in Jiangsu and Zhejiang domestic scrap tungsten steel blade has now 120-122 yuan / kg of low inquiry, part of Hebei traders can buy factory direct sell 130 yuan / kg, the highest price and the lowest difference of nearly 10 yuan / kg. Waste tungsten drill some relatively small difference, the current research found that the lowest price is 140 yuan / kg, the highest price of 146 yuan / kg.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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Near the end, tungsten smelter return funds home-based, low operating actively, thus tungsten mainstream price stability maintenance; but scrap tungsten steel market due to reduced demand for downstream manufacturers offer lower again, spent two days in succession tungsten drill and other prices or different the decline.

Macro level, the central bank open market operations continue to be suspended, the market calls for further relaxation; Bloomberg economists: the third quarter is expected to cut interest rates further; oil prices fell nearly 3 percent on Tuesday, and the supply is expected to rise by the weight of the strong dollar.


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