Tungsten market continued weaker, slightly lower price

Tungsten market: tungsten market continued weakening, raw tungsten concentrate cargo shipping business increased willingness to hold the purchaser dominant ore prices were weighed again, price slightly lower, with the weakening of the powder market transactions, businesses cut prices wishes began to increase gradually reduced offer, given the current overall market weakness, the downstream waiting to see atmosphere, only part of the on-demand procurement, trading atmosphere deserted. This week or temporarily disadvantaged maintenance of stability, but later there is still a slight decline in danger.

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Tungsten smelter family to survive the pressure increases, the cash price drop

Tungsten market continued to slump, tungsten chemical market downturn, demand continues to slump, profit margins continue to compress smelter home, survive the pressure increases, the manufacturers very price conscious of foreign offer basically remained stable, but the actual transaction strong but difficult, especially successful transaction the cash price decline is more obvious, although the spot market volume was light.

Sodium tungstate downstream market demand continues to slump, most manufacturers pessimistic about the market outlook, but by the cost of support, manufacturers offer a basic stability maintenance, 96% sodium tungstate offer basically concentrated in the 12.4-12.8 yuan / ton (cash - acceptances), APT it is difficult to operate the smelter home reflects, despite a slight decrease in the price of raw materials tungsten concentrate, but the downstream demand remained weak, unmarketable products more than raw materials. It is understood that now APT cash transaction price has completely fallen below the 160,000 mark, the mainstream focus on 158,000 yuan / ton down. However, the actual turnover was Yindie phenomenon, is expected to post the mainstream market quotations or will fall.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten powder products price decline, mostly watching the market

Guided the organization down this month to make tungsten concentrate price remained low, middle and lower reaches weaker overall market has also come running. With the weakening of the powder market transactions, businesses began to increase willingness to cut prices, offer gradually reduced, given the current overall market weakness, the downstream waiting to see atmosphere, only part of the on-demand procurement, trading atmosphere deserted. Short-term market is expected tungsten products difficult to improve.

Tungsten powder and tungsten carbide prices fell. At present, the main focus in the actual transaction between 249-251 yuan / kg, down from last week about 3 yuan / kg. Tungsten steel offer is still concentrated in the 270 yuan / kg nearby, high-purity tungsten 285 yuan / kg, tungsten electrode grinding rod 405 yuan / kg, due to the scarcity of orders, businesses no intention down, watching the majority.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Market Is Weak, But Businessmen Continue to Watching

Tungsten market: the market overall clinch a deal the cold and cheerless, businesses continue to wait-and-see, careful operation, tungsten prices temporarily weak stability; Tungsten concentrate, APT and tungsten iron smelter foreign quotations are flat, merchants are more cautious buying and selling, markets wait-and-see mood is still continue. Is expected late tentative enquiries or slightly increased, a small amount of clinch a deal or increase, prices stabilised.

Molybdenum market: molybdenum products primary market generally stable, merchants foreign offer no obvious abnormal fluctuations. Downstream substantial demand is not strong, the businessman foreign shipment resistance is bigger, so the cash flow. Later still both clear, such as supply and demand is expected to market or under pressure.
 
 
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Hunan find large porphyry tungsten deposit

The first five drill Taojiang County Park papaya mine construction this year, has once again proven to porphyry-type tungsten ore, estimating and design work for the next mining resources provided further basis. It is the first case of a large porphyry tungsten deposits found in Hunan Province.

Papaya Garden Taojiang County census commercial mining gold exploration project, the work area is located between the rock and the rock dam bridge TAOJIANG rock, the original main minerals as gold. 2012 Hunan Geological Prospecting Bureau 418 after the team undertake exploration mission by conducting preliminary reconnaissance, found in the surface tungsten mineralization information. Project team

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Tungsten City wait and see mood strong, thinly traded stock

Tungsten market: Tungsten City wait and see mood strong, the overall price stability maintenance vulnerable spot thinly traded. Tungsten manufacturers very price conscious strong tungsten offer basically the same, but by the emotional impact of the market downturn traded slightly Yindie, "Golden September" is no longer the gold market confidence frustrated, tungsten ore holding cargo shipments will increase, buyers may be due to post-market is still down, but cautious buying and depress the inquiry, expected this week, down slightly tungsten-based market or stable.

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Tungsten ore market confidence frustrated, holding cargo shipments will increase

Tungsten City wait and see mood strong, overall price stability maintenance vulnerable spot thinly traded. Tungsten mines continued exploitation, increasing supply; downstream tungsten iron / APT and other smelter home because of environmental deepening downturn in demand and production enthusiasm is low, demand for raw tungsten concentrate more sluggish; coupled with the existing inventory, the current oversupply of tungsten concentrate, and there is growing trend. Today, the market price of tungsten concentrates was down, ore prices fell by about 0.01 yuan / kWh, tungsten concentrate price decline is not obvious, priced reduced turnover scheelite concentrate more concentrated in the 100,000 yuan / ton or less.

"Golden September" is no longer the gold market confidence frustrated, holding cargo shipments will increase, due to post-market buyers may still decline, but cautious buying and depress quote. Tungsten market is expected this week or steady slightly down mainly scheelite concentrate price of 60 degrees or completely below the 100,000 mark.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten scrap market running smoothly, the business sentiment has weakened

Tungsten scrap prices continue to run smoothly, Jiangsu and Zhejiang provinces currently offer some businesses there has been lowered in the range of about 1 yuan / kg, basically no high turnover, low trading volume not more, business sentiment has weakened. Hebei region remained steady mainstream businesses offer lower prices temporarily willingness strong tungsten concentrates and other raw material prices due to short-term difficult to improve, the market outlook is expected to waste no shortage of tungsten may fall.

Tungsten scrap prices steady weakening. At present, the content of the purchase price of the grinding material W 30-40 degrees concentrated in 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh. Domestic scrap tungsten blade 169-170 yuan / kg, imported waste and scrap tungsten blade drawing die 179-180 yuan / kg, scrap tungsten drill bit does not offer tax mainstream is still concentrated in 189-190 yuan / kg.


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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Yellow Tungsten Oxide Supply On Sept.15,2014

Chinatungsten Online has got a lot of yellow tungsten oxide stock right now. Quantity is 10tons, grain size 12um, and the price is much lower than the market, which is  30500.00 USD/ton FOB, DALIAN, CHINA on Sept.15,2014. Price is available for negotiation.

 

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North American Tungsten's Mactung Project Receives Regulatory Approval

North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) ("NTC" or "the Company") announces that the plan to develop the Company's Mactung Project ("Mactung"), a tungsten property in Yukon, has received environmental approval. After a deliberative process which began in 2008, Mactung's positive environmental assessment from the Yukon Environmental and Socio-economic Assessment Board ("Board") has been further certified by the Federal and Yukon Governments. The governments issued Decision Documents which will permit the Company to move forward in the regulatory process.
 
Published under the Yukon Environmental and Socio-economic Assessment Act, the Decision Documents include a series of terms and conditions that North American Tungsten must incorporate into Mactung Project's design and operations in order to mitigate the mine's impact on the site located northeast of Ross River, Yukon.
 
"I can't express strongly enough the importance of this decision to our Company," NTC's Chairman and CEO, Kurt Heikkila said. "We are very pleased with the decision of the Board and of the governments whose further approval was required. This decision forms the basis for our next set of efforts to be one of the largest tungsten producers in the western world."
 
"Mactung is NTC's most valuable asset and the Company is eager to bring its resources to market. With the release of the Decision Documents and in co-ordination with the First Nations on whose traditional territory Mactung is located, the Company has a much clearer path towards the day when Mactung will join Cantung as two centers of operations and profit - not only for NTC and its shareholders but also for the people and communities of the North."
 
"We take seriously the responsibilities which the governments and the Board have placed with us to properly steward the Mactung site," Mr. Heikkila continued, "and we believe that this corporate commitment will become increasingly obvious in the years ahead."
 
North American Tungsten currently operates the Cantung mine which is located just inside the border of the Northwest Territories ("N.W.T."), 300 kilometers northeast of Watson Lake, Yukon. Two hundred sixty people are currently employed at Cantung. Mactung is located about 160 kilometres up along the border with N.W.T., this time falling on the Yukon side. Mactung is currently anticipated to be about 50% larger than Cantung in size and scope of operations and is anticipated to produce 2,000 tonnes per day from an underground operation.
 
 
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