Ferrotungsten difficult market transactions, greater pressure smelter home

Ferrotungsten difficult market transactions, large smelter family pressure, on the one hand from the State Environmental Protection in depth, on the other hand the downstream demand continues to slump. The current rate is still low smelter home starts continue to maintain production of the manufacturers also only keep a small amount of production. It is understood that Dan Cheng Xin production run, the current daily production capacity is only 5 tons.

Ferrotungsten manufacturers more in environmental protection and rectification, minimize the cost of procurement of raw materials become more cautious. Currently manufacturers mostly old customer oriented, thinly traded, and the transaction price is slightly Yindie overall decline in the 500-1000 yuan / ton in mid-August were sold last week, only slightly. It is understood that 70 ferrotungsten cash price hovering at 17.2-17.3 yuan / ton nearby.

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European tungsten City still down, domestic scrap tungsten market stability maintenance

Overseas tungsten City is still a steady decline. On the 27th evening MB Rotterdam ferrotungsten offer 39.7-40.7 U.S. dollars / kg tungsten, steady; paratungstate European offer of $ 350-360 / t degrees, the overall decline $ 10; Hong Kong offer remains at $ 358-370 / t degrees. Although the European summer break has ended, but still have not seen the release of overseas downstream demand, market trading atmosphere is still deserted, often causing prices dropping, expected short-term overseas market will remain difficult tungsten city better.

Tungsten steel scrap prices firm holding stability. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 189-190 yuan / kg, domestic waste tungsten blade 168.5-170 yuan / kg, imported waste and scrap tungsten blade drawing die is still concentrated in the 178-180 yuan / kg. Recent tungsten steel scrap trading volume has decreased, but the business mentality still strong, the price adjustment will is not strong, short-term and more will continue to stabilize. Grinding material purchase price 30-40 degrees W content focused on the 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in the 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh. A time when the end, tungsten concentrate prices stabilized, scrap tungsten materials business mentality slightly by the support. Currently waiting to see the introduction of multi-month miners guided tungsten concentrate agency is expected no short-term market fluctuations.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Export Statistic of Ferro Tungsten in July. 2014, China

Product:Ferrotungsten 72028010
 
Unit:mtUSD
 
Source:China Customs
 
Countries Volume in July Value in July Total Volume through July Total Value through July
Total 21.000 843,441 328.500 13,867,948
Japan 21.000 843,441 327.500 13,818,998
S Korea 0.000 0 1.000 48,950

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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Overseas Ferro Tungsten Price Drooped to the Lowest Level

European ferro tungsten price stood at USD39.7-40.7/kgW, which has fallen to the lowest level in 17 months. What’s more, it marked the first time that FeW price fell below USD40/kgW since March, 2013. The price of last August was USD48-49/kgW.
 
Some sellers offered low numbers, liquidating stock. The offer from China was higher, which was determined by domestic price. But European price was rather low, close to cost line, which suggested resistance to further drop.
 
A ferro tungsten exporter from Jiangxi said that they have yet to receive orders from Japanese customers, and they consumed original inventory for the first time.
 
 
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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Chinese Tungsten Concentrate Price Edged Down due to Negative Purchasing

Chinese tungsten concentrate was offered at RMB106,000-107,000/mt (USD17,377-17,540/mt, export duty excluded), as downstream demand was depressed. Some miners with high stock had to drop offer, while others were watchful.
 
A tungsten concentrate miner from Hunan offered RMB109,000/mt (USD17,868/mt, export duty excluded), and only sold materials to Minmetals. Minmetals decreased buying volumes, and real transaction price slipped slightly. It is expected that W concentrates future market would keep steady, and rely on indication floor price next month.
 
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Inventory and capital double pressure, tungsten prices uplink power

Tungsten downstream market consumption weakness, mine normal start, in the dual pressure of inventory and capital, tungsten prices weak, because shippers sell, the current market of tungsten concentrate temporarily Dimensional stability operation, market wait-and-see sentiment strong.

It is understood, tungsten concentrate 60 degrees above the shippers demand concentrated in the 10.3-10.5 yuan / ton, buyers inquiry concentrated in the 10-10.2 yuan / ton, the actual transaction in tungsten concentrate 55-60 bid for 10.1-10.2 yuan / ton (invoice to pay the whole or the goods to pay more than eighty percent of the money). It is understood, Jiangxi, Hunan all has the smelting factories in 10-10.2 yuan / ton this price purchase dozens of tons, or hundreds of tons of tungsten concentrate.

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Tungsten products continue to maintain a stable potential, powder is closer to the high price

Tungsten powder and tungsten carbide market price rise. At present, the actual transaction price of mainstream concentrated in between 254-256 yuan /kg, compared to the previous rose 1 yuan /kg. Low price has decreased, but not the price, price gap narrowed further, there were no obvious improvement, but tungsten concentrate prices stabilize, powder business's price will be stronger, short-term or temporary steady watching.

Steel bars offer still concentrated in the vicinity of 270 yuan /kg, 285 yuan /kg of high purity tungsten rod, tungsten electrode polished rod is 405 yuan /kg, 360 yuan /kg black tungsten rod. Due to lack of tungsten concentrate prices rise, tungsten products business pricing power, price had to continue to maintain stability, lower still on-demand procurement. Expected short-term tungsten products market will continue to maintain a stable potential multi.


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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Export Statistics of Tungsten Trioxide in May 2014

Tungsten trioxide is a kind of yellow powder, and insoluble in water, but soluble in alkali, slightly soluble in acid. It is used for high melting point alloy and cemented carbide, tungsten wire and fire prevention materials etc,  which has very extensive application, and is very popular in the field of production and processing.

In addition, China is a power in producing tungsten, occupied a large proportion all over the worldwide, which makes our country have great superiority to tungsten trioxide export.

The following is export statistics of tungsten trioxide in May 2014:

export list of tungsten trioxide in May 2014

country quantity/kg money/dollar

contrast to last year±%

quantity money
Japan 101,500 3,709,097 0 0
Korea 98,000 3,514,006 -34.7 -32.8
France 20,000 707,684 0 0.9
America 20,000 716,185 -55.6 -54.5

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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Import Statistics of Tungsten Trioxide in May 2014

Tungsten trioxide has extensive application,and China is a power in producing tungsten, occupied a large proportion all over the worldwide, which makes our country have great superiority to tungsten trioxide export. In May 2014, tungsten trioxide imports mainly to United States and Germany, but the total quantity and amount of money is less than the same period last year, and Germany is in the tendency of reduction. from it we can conclude that China has greatly reduced the the reliance on foreign imports.

The following is import statistics of tungsten trioxide in May 2014 : 

import list of tungsten trioxide in May 2014

country quantity/kg money/dollar

contrast to last year±%

quantity money
America 2 213 0 0
Germany 0 365 -100 -98.2
 

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Tungsten Product Market Stops Falling and Is Stable in Short Term

The price of tungsten product stops falling and will be stable in short term. The chaotic market of tungsten powder and tungsten carbide has been slightly improved, and the actual price focus on 253-255 yuan/kg, and difference bewteen high and low price has been narrow significantly. Although the volunm of dealing is not much, as a result of tungsten concentrate prices falling, powder merchants also don't want to continue to cut price, market stay a state of wait-and-see.
 
Steel tungsten bars offer is still concentrated in the vicinity of 270 yuan/kg, high purity tungsten bars is 285 yuan/kg, tungsten electrode polished rod is 405 yuan/kg, and black tungsten rod is 360 yuan/kg. although there is certain inquiries in the downstream, there is few dealing. it is predicted that tungsten products market continues to be steady in short term.
 
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 
 

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