Although June tungsten guidance continues to maintain strong, but the downstream demand remained weak, resulting in tungsten prices in the market did not improve. And businesses, from raw materials to the terminal carbide tungsten concentrate manufacturers, but are still facing tight liquidity this major problem, many manufacturers are half-dead state, along the industrial chain transfer layer by layer, resulting in product prices aquiline acceptance, widening range of product pricing, the price is slightly confusing.

Sodium tungstate market calm, manufacturers offer stabilize, but few received a single inquiry, continued weakness in demand, price have fallen to 130,000 or less. APT is now mainstream price will remain at 16.4-16.9 million / ton, the redemption price almost equal to 170,000 mark, cash traded almost unchanged, lower procurement mediocre, the market turnover continued to light, and the volume is small.


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Manufactures tungsten prices remain stable. Mainstream tungsten steel market price is still concentrated in about 290 yuan / kg, between high-purity tungsten 320 yuan / kg, tungsten wire 415-455 yuan / kg, tungsten rod 355-380 yuan / kg. Manufactures spot market limited resources, relatively low power price adjustment businesses, steady watching the majority, so the market is relatively stable. Tungsten expected short-term price fluctuations obviously difficult.

Market price of tungsten carbide powder and confusion. The current mainstream market trading price of tungsten powder concentrated in 261-263 yuan / kg, native tungsten concentrate in 259-261 yuan / kg, but the individual small factories quote is still low, tungsten carbide lowest to 256 yuan / kg, which is expensive can be reported to 265 yuan / kg, the overall performance is more confusing.


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Recently, the Director of Land and Resources Law Enforcement Monitoring Corps Shao Guoqing rate of inspection teams to Shangyou control indicators for the total management of tungsten mining were examined.

The inspection team has arrived in the camp before Jiangxi Province Mining Ltd., Ganzhou Haixin Hill Mines Ltd. shed tungsten mine, listened carefully to the people in charge on the total mine production of tungsten mining and reporting on implementation of control indicators and carefully access to the relevant production ledger. The inspection team of the two mining companies to implement total control indicators mining practices to be affirmed in the development and utilization of mineral process requires mining companies to continue in strict accordance with the development and utilization plan and organize the quota assigned tungsten production.


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Land and Resources recently issued "issued 2014 annual total rare earth ore mined tungsten ore control indicators notice" that the total cancellation of antimony mining management control indicators continue to implement the total rare earth ore and tungsten ore control targets. "Notice" clearly, the year 2014 the total amount of rare earth ore mining index was 10.5 million tons, including rock type (light) rare earth ore index adjusted by 11,200 tons, an increase of about 15% over the previous year; total control index 8.9 Tungsten mining tons.

"Notice" clearly, no longer issued 2014 annual total antimony ore mining control indicators; tungsten ore utilization indicators index plus the implementation of the approved assessment, appropriate to relax constraints.

"Notice" clear, continue to implement the suspension of rare earth ore tungsten ore mining rights policies to June 30, 2015. Key projects for the State Council and the Central Fund or the provincial geological special fund projects to develop integrated projects, resource depletion expanding area, the Department of Provincial agreement, mining resource depletion remote connection, the central support poverty alleviation projects, the provincial government requires support for projects and supporting large rare earth enterprises Group restructuring projects, in line with the total production control, capacity balancing requests, allowing the new rare earth mine tungsten ore mining rights.


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Due to continued weakness in the tungsten market demand, manufacturers cash transaction price is still low. Market funding constraints, most manufacturers uncollected money, so acceptances prices high. Powder, ammonium paratungstate market price is slightly confusing, tungsten market is expected to short-term or continuing stable and slightly adjusted.

Macro level, the central bank to expand the scope of quasi-directional drop, continue to maintain an appropriate liquidity; May CPI rose 2.6%, or, or, or a new record high for the year; global economic recovery is still good, the Nikkei index rose to a maximum of three months.


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In recent years, China's industrial development Carbide made no small achievement, but compared with developed countries, there is still not a small gap.

Less R & D investment, innovation ability is poor. China Cemented Carbide Industry, still do not have a high level of research and development institutions, as well as the gap between funding and management talent, high-end product development capability is weak, it is difficult to produce its own property and original achievements, technological upgrading of enterprises and therefore difficult to obtain strong technical support. It is understood that the Swedish company Sandvik Coromant plant, R & D investment in 2000 was 550 million kronor, equivalent to Zhuzhou Cemented Carbide plant in nearly 30 years the total R & D investment is not the mouth.

Equipped with low-grade, large gaps: applied research, development and production of high-grade carbide special equipment is mainly dependent on imports, a large gap between domestic equipment, due to financial and other reasons, have the ability to purchase imported equipment manufacturers rarely is the application of advanced domestic manufacturers The number of devices is very limited, to the development and production has caused great difficulties.

Alloy production out of touch with the tools of production: Foreign manufacturers also often carbide tool production companies, is very conducive to the development of carbide tools. Because of historical reasons, the production of carbide and tools belonging to two metallurgical and mechanical systems management, resulting in the production of cemented carbide tool production and long divorced, has developed high-grade carbide tool issues yet to be resolved.

Lower industrial economies: Due to the above reasons, although our Carbide industrial scale, but few high-value-added products, the amount of high-end products like high-performance alloys, coated abrasive products, special shaped products, precision carbide tools, etc. less and the quality is not high, due to the high value-added products worth several times or even several times in the middle and low alloy, so the benefits of carbide manufacturers generally not high. According to market research and analysis, several excellent foreign companies in the Chinese market share, in terms of volume of less than 1%, while the sales revenue, and more than 10%.


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Beginning in 2010, China's cutting tool market demand remains high growth trend, China has become the world's largest market for the tool most potential. With the development of new economic forms and requirements, market opportunities and challenges of high-end carbide followed.

In particular, the development of a number of high-technology manufacturing metal tool to bring new requirements. Tools such as the automotive industry requires high efficiency, high stability and professionalism, and with the development of the automobile industry forward, new requirements emerged from the technical requirements of view, there are overloaded, complex, specialization, standardization, speed and species diversification trend. In aerospace manufacturing, with extensive use of titanium, high temperature alloys and other difficult to machine materials, the correct choice, the rational use of high-quality and efficient cutting the industry topic, which requires high-end carbide metal cutting tool market leading products.

Carbide Tool as one representative of a typical hard cutting tool is a powerful cutting tool of industrial production, high-end products require rigorous scientific carbide tools more useful, leading to higher performance machining. Our high-end tool market is basically occupied by import tool. Especially in the automotive engine manufacturing plant, aircraft engine manufacturers and ship processing plant turbine manufacturing plant, high efficiency, high precision machining carbide cutter knives are imported products. Most of the domestic application of carbide cutting tools, the low demand customer base, such as general machinery, rough workshop.

"Twelve Five Year Plan" clearly put forward the development of high-end equipment manufacturing, this high-end development tool market opportunity is obvious, carbide cutting tools unstoppable momentum of rapid development of the high-end market, coupled with the rapid development of the macro-control to guide the inevitable. To meet the high-end market carbide opportunities and challenges, local manufacturing of carbide cutting tools should assess the situation, market demand, and actively adjust the industrial structure, improve product quality, develop to meet the relevant international livelihood cars, high-speed rail, appliances, etc. carbide cutting tool performance. Outlook is so vast, its own production capacity must be increased, basic technology, innovation, marketing and service capabilities must support development, Zhuzhou Cemented Carbide as the leading industry clusters to do the leading and exemplary role in technology applications, leading the country Carbide Tool accepts high-end market opportunities and challenges.


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Recently, the European Commission released a list of the latest issue of critical raw materials, the list of species covered by the scope expanded from 14 kinds to 20 kinds, namely: antimony, beryllium, borate, chromium, cobalt, coke, fluorspar, gallium , germanium, indium, magnesite, magnesium, natural graphite, niobium, platinum group metals, phosphate rock, heavy rare earths, light rare earths, silicon metal, tungsten.

Reported that the EU select the type of key raw materials have two major considerations: economic importance and supply risk. 2010 the European Commission to define ad hoc working group of key raw materials, from the EU's point of view, the selection of the 14 categories of key raw materials from 41 categories of non-energy, non-food raw materials. In 2011 the European Commission formally adopted the list, and a statement of key raw materials continue to monitor the issue, then at least once every three years to update the list of critical raw materials. This evaluation will range from 41 class alternative raw materials to expand to 54 classes. The main changes in the new issue of inventory compared with the original list are: First, the rare earths are divided into two categories: light rare earths and heavy rare earths; Second, tantalum out of the list; Third added six kinds of key raw materials: beryllium, boric acid salt, coke, magnesite, phosphate rock and metal silicon. Reported that the global supply system, monitoring and evaluation of raw materials are 54 classes in about 90% originating in non-EU regions, China is an important supplier of many raw materials. In the 20 kinds of key raw materials, in the global supply of Chinese products has an important impact on 14 species, individual country occupies an important position in the other specific types of supplies. For example, in the global supply of niobium from Brazil accounted for 92% of beryllium from the United States accounted for 90%.

Commission to define ad hoc working group of key raw materials made a number of recommendations, including taking into account the risk of key economic importance and supply of raw materials, the initiative to take the necessary action to ensure that the EU can be a reliable and uninterrupted access to raw materials.


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Tungsten market: Tungsten City mainstream running smoothly, but from raw materials to the terminal carbide tungsten concentrate merchant manufacturers, demand dragged down by weak, funds are tight, many manufacturers are half-dead state, the demand did not increase but rather due to funding constraints overstating acceptance offer. Short-term market is expected to stabilize the mainstream tungsten, tungsten prices or minor adjustments to varying degrees.

Molybdenum market: Recently external molybdenum products market or still in a stronger trend, high prices no signs of loosening. However, the domestic market will continue to be weak consolidation, due to the different businesses with their actual situation, making the transaction on the market and manufacturers offer produce gaps. Participants are more cautious, expected short-term molybdenum market or maintenance of stability.


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June 65 Minmetals and tungsten Association guidance wolframite are 110 thousand yuan / ton, which has little effect on the business, a lot of businesses that supported by the cost, and low demand constraint, so it was a tungsten concentrate prices Minmetals other manufacturers if there is no corresponding purchase, just announced pricing, this influence is not great.

It is understood that today Scheelite stability maintenance operation, turnover continued to light amid funding constraints, a slight increase in the high buyer inquiry, inquiry now more concentrated in the 10.4-10.6 yuan / ton, cash traded almost unchanged. Analysis of tungsten concentrate is expected this week to continue to stabilize the main market or the price is still slightly adjusted.


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