Hunan Provincial Bureau of Geology and Prospecting fruitful. On the 13th, the council released a total commitment to all types of exploration projects last year, 251 newly discovered mineral deposits 13, for the economic and social development and added new impetus.

According to statistics, the Provincial Bureau of Geology and all kinds of new discoveries last year mine (of) points 25, 13 mineral deposits, the new reserves of 31.39 million tons of coal resources, the amount of 37.92 million tons of iron ore, the amount of 66 million tons of manganese ore, gold reserves of 120,000 tons and so on. Among them, 405 units Juzhu team commitment Huayuan County census brain slope mining lead and zinc, lead and zinc reserves eligible exploration 4.51 million tons, the equivalent of nine large lead-zinc deposits; 409 teams undertake Yongzhou manganese mine water quay details The investigation, exploration is eligible 332 + 333 Carbonate 49.13 million tons of manganese ore resources; 407 team's commitment to "Xinshao County Lake Creek gold silver tungsten metal ore exploration project," After four years of investigation, a total of 57 ore body delineation, proved tungsten ore 19.16 million tons, 70,400 tons of tungsten resources, the potential economic value of about 8.0 billion.

On Huaihua to level up more than 500 km of the river, "Xuefeng arc belt", the Provincial Bureau of Geology and implementation of the "golden belt" for gold operations, have been in Kanai - Jiuling, Mufushan, Hongjiang Pitt hole horizontal, flat jiangqiao , the channel gains tea Creek mine new results. As 402 teams in Dawan mine about 850 meters deep borehole to see gold ore bodies, so that prospecting potential gold resources in the area is expected to double, reaching 200 tons. In addition, for the first time in Shonan Geological Exploration Institute of Nanling RUCHENG granite, the discovery of new types of tungsten and molybdenum compared with large potential for polymetallic ore deposits.


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Tungsten market: Tungsten end demand has not yet been improved, resulting in even though raw material prices are low tungsten concentrate, but the actual turnover is still deadlocked, many years after the resumption of production of tungsten smelter family has not received the order, a few large smelter started home because more channels and relatively stable, there are some recent volume, overall volume and orders are small. However, most small and medium sized suspension smelter home again, and then the cost of income support, market participants generally believe that the recent price of tungsten or hovering in the current price based.

Ferrotungsten market stability maintenance operation, the downstream demand is still sluggish, although there are a number of transactions, but the overall volume and orders are small. It is understood that dancheng of a tungsten iron smelter home now still no deal, a small amount each day, only produce 3.5 tons, 15 tons of existing stocks.

Few large smelter started home, due to multiple channels and relatively stable, there are some small amount of recent transactions; but most small and medium sized smelter shutdown in the home or continue, or years after the start to now have not received orders.


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Scheelite market steadied this week, leading tungsten concentrate prices remain low despite the raw material, but the actual turnover is still deadlocked, ore prices up blocked turnover stalemate, market participants generally believe that the recent price of tungsten or consolidation maintenance of stability-oriented, short-term or wandering at 8.2-8.5 yuan / ton.

On the one hand, with the tungsten end demand has not yet been improved, many years after the resumption of production of downstream tungsten smelter family has not received the order, and some manufacturers even re-suspension of raw material procurement will be cautious of tungsten concentrate, tungsten concentrate traded apparent stalemate; on the other hand, the delay in ore price rise before confidence reluctant sellers hold stocks eased, shipments will increase back to a more rational pricing of tungsten concentrate, high pricing has decreased, but both require cash settlement, restricted by financial constraints, the spot transaction stalemate.


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Tungsten market: market liquidity tight, downstream demand has not yet been improved, raw Scheelite continue upward blocked, this week the mainstream market prices will return to 84,000 yuan / ton, up and down years ago, and the deal stalemate. Sodium tungstate market demand is low, less downstream procurement, home care smelter started production, the market was still not high to start. Tungsten steel scrap market still traded, downstream demand is still good, many manufacturers have not started carbide, tungsten steel scrap traders are not optimistic about the market outlook, expected short-term stabilization of the main city market tungsten.

Tungsten steel scrap market still traded, downstream demand is still good, many manufacturers have not started carbide, tungsten steel scrap traders are not optimistic about the market outlook, the goods as soon as possible to take the goods, trading mostly in small quantities, and the price unchanged. According to research understand that some businesses that now tungsten steel scrap prices remain high, the late tungsten steel scrap or lower.

Jiangzhe a trader to parents revealed yesterday afternoon just to sell around 600 kg of waste tungsten steel, which does not tax price of scrap tungsten drill is 161 yuan / kg, excluding tax price of imported scrap tungsten blade is 158 yuan / kg , excluding tax price of domestic scrap tungsten blade is 149 yuan / kg.

The big traders sold directly to manufacturers in Hebei, the price is high turnover than the bulk 1-2 yuan / kg, it is understood scrap price in Hebei tungsten drill is 162-163.5 (generally less than the selling price) yuan / kg imports blade is 160-161 yuan / kg.


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Sodium tungstate market demand is low, less downstream procurement, home care smelter started production, the market was still not high to start, and has also started a factory in strict accordance with the order, the current manufacturers rarely received orders. It is understood that 96% of sodium tungstate manufacturers offer concentrated in 10.2-10.5 yuan / ton, and then the actual transaction price was only 10 yuan / ton.

It is understood that after the Spring Festival is different from other tungsten products offer more to maintain the original price, the manufacturer of sodium tungstate a recovery started, slightly lower on the tentative offer, to get the order, however ineffective.


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Tungsten market: ore prices have fallen below last year due to the cost of the line, after a slight rebound, the current ore price is still low, the recent possibility unlikely ore prices continue to fall, then the terminal tungsten demand yet to see significant improvement in ore prices sharply up weak downstream demand for tungsten has not yet been improved, resulting in the latter part of the tungsten price rose more weakness, the market outlook is not very clear, many miners think this rally is not expected, expected late March or tungsten ore market showed little slow steady rising trend.

Tungsten downstream demand has not yet been improved, resulting in the latter part of the tungsten price rose more weakness, the market outlook is not very clear, many miners think this rally is not expected for two days some hold stocks of tungsten ore shipments will increase slightly, but Requirements must be cash transactions, then the current tight market funds partial, spot transaction is now deadlocked. Expected late March or tungsten ore market showed a steady slow trend was up.

Due to last year's ore price has fallen below the cost line, after a slight rebound, the current ore price is still low, the recent possibility unlikely ore prices continue to fall, then the terminal tungsten demand yet to see significant improvement in fatigue post-ore prices rose sharply, but there is still the possibility of a slight increase, it is understood mainstream price wolframite ore hovering above 60 degrees 84,000 yuan / ton down.


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Due to last year's ore price has fallen below the cost line, after a slight rebound, the current ore price is still low, the recent possibility unlikely ore prices continue to fall, then the terminal tungsten demand yet to see significant improvement in ore prices rose sharply weakness expected late March or tungsten ore market was steady slow trend was up.

Macro, Midwestern towns face off financing for embarrassment, local debt quota will not quench; focus on industry profits over 18 trillion, then the layout ministries strategic emerging industries; China has for the first five months holdings of US debt.


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