Recent Raw Tungsten Ore Prices Firm Up Slightly in Height Tight Scrap Tungsten Material Resources

 
 

Cargo operators reluctant to sell due to the recent raw tungsten ore prices firm in a slight rise. Height scrap tungsten material resources tight, turnover is relatively good. Powder products demand continues to slump, the overall market was constantly falling trend. Tungsten mainstream market is expected to short-term market steady run.

Macro level, HSBC China May PMI hit a five-month high, new orders rose to above 50; Sichuan province billion investment in water conservancy construction, Sichuan enterprises or will usher in opportunity; RMB exchange rate depreciation for the year to increase over 3%.


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Tungsten Market Mainstream Smooth Operation,The Current Domestic Molybdenum-Based Chemicals to Stabilize The Market As A Whole

 
 

Summary Sentence: Tungsten market mainstream businesses continue to be reluctant to sell due to the smooth running of raw materials and tungsten ore prices firm up slightly, tightening the height of the grinding material resources market turnover is relatively good; molybdenum molybdenum current domestic market to stabilize the main product market as a whole, businesses Quotations are no significant changes, but the actual reduction in the number of transactions and the sale price level slightly loose due to the molybdenum concentrate, molybdenum oxide, molybdenum and iron products manufacturers are reluctant to cut inventory is low product prices are expected in the short-term molybdenum market or fine-tuning operation stalemate .

Tungsten Market: Tungsten market mainstream running smoothly, because businesses continue to be reluctant to sell raw tungsten ore prices firm, and a slight rise. The height of the grinding material resources tight market, turnover is relatively good. Deep processing of tungsten powder products continued sluggish demand, falling prices of raw materials can not buy, manufacturers cut, cut increased.

Molybdenum Market: Current domestic molybdenum products market as a whole in order to stabilize the main businesses outside offer no significant changes, but to reduce the actual number of transactions and the sale price level is slightly loose. Due to the low molybdenum concentrate, molybdenum oxide, molybdenum and iron product inventory, manufacturers are reluctant to cut prices. Mo City or expected short-term stalemate trimming operation.


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Jiangxi Copper tungsten, rare earths and other key investment industry

Reporters learned from the Jiangxi Provincial Industry and Information Committee , formed by the compilation of the committee , " the focus of Jiangxi industrial property investment direction and business directory" has officially released a collection put together 31 industry segments and industrial development is closely related to each industry industrial chains , focusing on investment direction of industrial development were clear and concise presentation of a collection of more than 1,300 domestic and international focus on the basic situation of enterprises .

It is reported that " the focus of Jiangxi industrial property investment direction and business directory" is a compilation of semiconductor lighting , intelligent terminals, digital TV , software services , chemical drugs , medical devices , biotechnology, medicine , automobile , efficient mining and construction machinery, aviation, shipbuilding, photovoltaic, grain and oil processing green drinks , livestock production and processing, copper , petrochemicals , silicones , salt chemicals, fluorine chemicals, textiles, clothing textiles, chemical fiber , paper, building ceramics , glass fiber composites, glass ( special glass ) , industrial ceramic , tungsten, rare earths , lithium and other 31 industry segments . Listings for each industry chain structure, concise introduction to industrial development were the focus of investment direction, the major domestic and foreign enterprises and so on.

Wu Xiaojun , director of public letter to the provincial party committee , said the production of " industrial property Jiangxi key investment direction and business directory" aimed at clarifying the development of strategic emerging industries in Jiangxi direction and focus to guide the development of the country focusing on key aspects of strategic emerging industries, there targeted investment to carry out the industrial chain , to carry out docking excellent companies at home and abroad , the bigger, stronger doing fine key industries and enhance their competitiveness , and vigorously promote the province's extraordinary development of strategic emerging industries and industrial property upgrade.

In this regard , the Jiangxi Provincial Industry and Information Committee urged all localities to give full play to the ten strategic emerging industry development plan, segments of the industry chain map, guiding the direction of industrial property and business directory focused on investment , combined with the development of local industry base and the status quo, identify priorities and path of industrial development , to further clarify ideas, solve problems , focus efforts on projects, industrial agglomeration , layout optimization, innovation-driven , etc., and strive to make significant progress and breakthroughs , the formation of distinctive , complementary industrial structure and industrial layout , and vigorously promote the development of strategic emerging industries locally .


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Tungsten market continues to be light, not much change in transaction price

Tungsten market : mainstream market continued to light , and the transaction price not much change due to mines and cargo operators reluctant to sell sentiment strong, ore, tungsten concentrate purchases more difficult, prompting two days of tungsten concentrates offer a slight uplift. Ferrotungsten market continued deserted, poor turnover , factory orders rarely , businesses and more caution , quotation and inquiry have not changed much . Tungsten scrap market continues to maintain a stable situation , where the height of the tungsten scrap material resources tight , the price is relatively strong, scrap tungsten steel business mentality calm, the price adjustment will is not strong , steady watching the majority. Expected short-term maintenance of stability of tungsten ore market or continue to run .

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Ferrotungsten market continued deserted late is still expected to remain firm

Ferrotungsten market continued deserted, poor turnover , factory orders rarely , businesses and more caution , quotation and inquiry have not changed much . Although domestic demand is expected no significant improvement , but the tungsten iron prices will remain relatively strong in the short term , mainly because : a factory and offer relatively strong support by the cost ; two upcoming summer break in July overseas , foreign customers or advance purchase .

This week ferrotungsten mainstream manufacturers offer little change in the degree of acceptance 70 Quotes concentrated in 180,000 yuan / ton, the actual transaction involving payment volume and price is slightly different. It is understood that there are businesses on the 177,000 yuan this week / ton batch of 70 traded tungsten iron.


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Tungsten mainstream waste continues steady, the price is relatively strong

Tungsten mine began sellers, tungsten concentrate prices becoming strong, but short-term temporary hard up . Tungsten scrap market continues to maintain a stable situation , where the height of the tungsten scrap material resources tight , the price is relatively strong, scrap tungsten steel business mentality calm, the price adjustment will is not strong , steady watching the majority. Tungsten scrap market is expected to more than short-term steady trend will continue .

Tungsten scrap prices continue to hold steady . Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 185-188 yuan / kg, imported scrap tungsten blade 176-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 178-181 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.75-1.8 yuan / kWh ; 50%


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May 23, 2014 Tungsten Market early assessment

Due to the recent mining and cargo operators reluctant to sell , resulting in the procurement of tungsten ore and concentrate more difficult , prompting a slight elevation signs of market quotations for two days , but the actual transaction is still light , and traded little changed , short- ore prices are expected to temporarily difficult rise, mainstream or remain steady on the sidelines.

Macro level, the central parity of RMB lowest walked eight months this year, the cumulative depreciation of 11.94% ; Commerce Department : Infrastructure to China - a new highlight cooperation in Central and Eastern Europe ; UK first quarter GDP growth of 0.8%.


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May 22, 2014 tungsten reference price of all varieties

May 22, 2014 tungsten reference price of all varieties :

Variety name Price Unit
APT 16.4-16.7 Yuan / ton
Ferrotungsten 17.5-17.9 Yuan / ton
Sodium tungstate 13.2-13.5 Yuan / ton
Tungsten 460-480 Yuan / kg
Electrode polished rod 510-520 Yuan / kg
Native tungsten carbide powder 258-263 Yuan / kg



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Tungsten ore raw material procurement difficulties inquiry and quotation are slightly higher

Recently, tungsten mainstream market running smoothly , the market sentiment continues to loom , tungsten business caution , especially in the middle of tungsten products manufacturers , especially in difficult circumstances , tungsten powder price a little bit weaker .

Raw tungsten concentrate market two days the market inquiry and quotation are relatively slight rise last week , is expected in the short term or tungsten concentrate market is expected to remain relatively strong running smoothly. Main reasons: on the one hand , most of the mines are temporarily outside or only a small supply of ore supply to existing customers, raw material procurement difficulties , resulting in tungsten concentrate smelter home trying to raise external offer , due to continued weakness in demand , the mainstream transaction prices almost unchanged ; the other hand , the downstream tungsten smelting enterprises to increase tungsten concentrate inquiry , smelters home and hold stocks continued to wait reluctant sellers , buyers had to slightly raise the inquiry , the current inquiry are 10.5-10.9 yuan / ton specific decision based on the length of time of payment .


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Zhuzhou Cemented Carbide And Other Areas of The City,"Hunan Province Internationally Renowned Brand" of 21

 
 

19, 2009, from the Municipal Bureau of Commerce, 2014 annual "Hunan Province internationally renowned brands," declare the work has already started. With immediate effect, who meet the conditions for enterprise reporting relevant information can be downloaded by the Hunan Provincial Department of Commerce and returns the official website, Foreign Trade Division as required application materials submitted to the Municipal Bureau of Commerce. Reporting deadline is June 24.

Municipal Bureau of Foreign Trade Bureau, responsible person, "Hunan internationally renowned brands," a 1-year authorization is valid for three years. Enterprise was rated after the first year receive $ 200,000 to support the fund, after two years of 50,000 per year, for three years totaling $ 300,000. Currently, a total of 21 Zhuzhou City "in Hunan international brands", covering ceramics, carbide and other fields.

In addition, the 2011 annual "Hunan Province, an internationally renowned brand" is about to expire, companies continue to review, to be re-identified. Apply for re-authorization of the enterprise, reporting conditions, processes, materials and the same initial reporting enterprise. Re-identified major review of the basic conditions of enterprises, did not meet the basic criteria will no longer be recognized as "international brands in Hunan Province."


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