Due to the recent market continued weakness down tungsten concentrates, powders difficult market pessimism subsided, the market price is still confusion, low-cost resources continue to emerge, hold stocks for the return of funds have Paohuo expected short-term market or difficult to get rid of the weak pattern.

Tungsten powder and tungsten carbide prices continue to fall, the actual price or lower, electrolytic material currently almost no demand, businesses have no intention quotes, turnover is very low. The current market price between 233-235 yuan concentrate / kg, while the actual price as low as 231 yuan / kg. WC mix of renewable quoted at 230 yuan / kg.


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Tungsten market: Tungsten demand weakened further, reducing the number of processing APT, tungsten concentrate, APT, tungsten carbide and other mainstream products sold difficulties tungsten concentrate with lower raw material prices, the actual turnover or less, according to the section length of time, given the number of other goods this month manufacturer of sodium tungstate reduce yield or even more, market transactions are not optimistic, expected this week, the price of tungsten or gradually reduced, APT prices or fell to near 145,000.

Tungsten City increasingly sluggish demand, reducing the number of APT processing, some institutions this month procurement plan have been delayed announcement of last month, has significantly reduced the purchasing downstream powder manufacturers consume less capable, November APT market demand less. APT smelter home offer a large drop, the current mainstream offer APT fell to 145,000 yuan / ton in the vicinity, but the actual transactions 143,000 yuan / ton immune to take the goods, APT market is still expected to post lower risk.

With the falling prices of raw tungsten concentrate, 96% sodium tungstate mainstream offer tax fell to 115,000 yuan / ton, the actual turnover or less, based on the length of time the money, given the number of other goods this month tungsten sodium manufacturers reduce production or even more, market transactions are not optimistic, the latter is still possible as sodium tungstate offer lower raw material markets continue to fall.


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Tungsten scrap prices fell sharply last week after week, becoming smooth, drill businesses very price will increase, significantly reducing Paohuo phenomenon. But the current business sentiment remains pessimistic side, the downstream demand procurement, lower overall volume. Tungsten scrap more than expected short-term price trend will remain stable.

Waste tungsten market mainstream steady. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 162-165 yuan / kg, a small amount of the transaction price 167 yuan / kg. Imported scrap tungsten blades and drawing dies 157-161 yuan / kg, up to 155 yuan cheap. Domestic scrap tungsten blade 150-153 yuan / kg. 70 degrees above the grinding tungsten scrap material 1.5-1.55 yuan / kWh, 50-70 degrees 1.45-1.5 yuan / kWh, 30-40 degrees 1.3-1.35 yuan / kWh, transient stability.


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Tungsten market: After guided introduction, despite bearish market sentiment strong, but most manufacturers adopted the attitude, fewer operations, foreign offer temporary maintenance of stability; with lower guide price, the tungsten market overall operating rate decreased demand for tungsten concentrates by not falling, tungsten ore transaction difficulties, tungsten concentrate prices continue dropping, the mainstream market prices more nearly the low price range, and even a small amount is lower than the range of the low low price. Tungsten Products manufacturers offer or due to lack of demand for support, and gradually reduced.

With lower guide price, the tungsten market overall operating rate declined, falling instead of rising demand for tungsten concentrate, tungsten ore transaction difficulties, tungsten concentrate prices continue dropping, the mainstream market prices more nearly the low price range, and even a small amount compared lower interval low low price.

It is understood that 60 black tungsten concentrate mainstream market concentration in 9-9.2 yuan / ton, 60 white mainstream tungsten concentrate market concentration in 8.8-8.9 yuan / ton, but the market has been 85,000 yuan / ton lower offer. And because ore prices continue to decline, reducing the production of downstream smelter at home this week, tungsten ore demand is weakening, APT and other downstream smelter demand procurement, 85,000 yuan / ton price are difficult to take the goods. Or tungsten concentrate prices are expected to continue to weaken this week or last week, down 3,000 yuan / ton.


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Because Minmetals and Jiangxi Tungsten guided down this month, tungsten concentrate market pessimism spread powder market price confusion, some hold stocks for the return of funds to start cheap Paohuo, however, the downstream demand continues to slump, the overall volume is still biased low. Expected short-term tungsten products market continues steady weakening trend.

Tungsten powder and tungsten carbide temporarily stable prices low, currently concentrated in price between 234-236 yuan / kg, renewable WC non-tax price 209-212 yuan / kg, tungsten offer 380-410 yuan / kg, steel tungsten 255-260 yuan / kg, black tungsten rod 340-360 yuan / kg, transient stability sidelines.

Overseas tungsten City stabilized temporarily stable. The 7th night MB ferrotungsten Rotterdam offer 36.9-37.5 US dollars / kg tungsten, paratungstate Europe offer 325-345 US dollars / metric ton, the Hong Kong offer $ 339-360 / ton degrees, are stable. Expected short-term overseas tungsten City or maintain steady trend.


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Tungsten market: guided collective decline, bearish market sentiment strong, 60 scheelite 88,000 yuan / ton immune to take the goods, market purchases of low willingness to late tungsten prices still slipped risk. Waste tungsten market confidence slump, businesses will significantly enhance Paohuo, low-cost emerging, some have been losing money shipping, the downstream demand still sluggish, low overall volume. Sodium tungstate tablet market unsalable serious, factory orders scarce, sodium tungstate smelter is a small multi-family starts, strict control of raw material procurement and product inventory.

This month Ganzhou tungsten APT Association released the latest forecast average price of 152,000 yuan / ton, compared with October down 8000 yuan / ton, with larger decreases, it is still far higher than the actual market price. It is understood, APT manufacturers offer concentrated in the 14.9-15 yuan / ton, then the actual trading 145,000 yuan / ton immune to take the goods. APT smelter home runs difficulties increase, the lack of effective support for the market late, late mainstream market quotations or fell to 145,000 yuan / ton in the vicinity, and more ground gas.

Sodium tungstate tablet market unsalable serious, factory orders scarce, sodium tungstate smelter is a small multi-family starts, strict control of raw material procurement and product inventory. Individual businesses eager to sell stock to ease the financial pressure, and lower pricing, resulting in 96% sodium tungstate market price is slightly confusing, within 11.4-12 yuan / ton price range have appeared.


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After this month, guided tungsten ore bodies down, tungsten City pessimism spread, waste tungsten market confidence slump, businesses will significantly enhance Paohuo, low-cost emerging, some shipments have been at a loss, the downstream demand still in the doldrums, the overall volume of partial low. Short-term market is expected to more than scrap tungsten will continue to run downwards.

Tungsten scrap prices continue to fall. Currently scrap tungsten drill price excluding tax concentrated in 162-165 yuan / kg, down 4 yuan. Imported scrap tungsten blades and drawing dies 157-161 yuan / kg, down 2-3 yuan, 155 yuan a small amount of the transaction. Domestic scrap tungsten blade 150-153 yuan / kg, transient stability. 70 degrees above the grinding tungsten scrap material 1.5-1.55 yuan / kWh, 50-70 degrees 1.45-1.5 yuan / kWh, 30-40 degrees 1.3-1.35 yuan / kWh, transient stability.


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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