Active Tungsten Market Situation after May Day

The tungsten market is active after May 1st, and APT price keeps rising, maintaining at between 125000 and 127000 yuan per ton, among which some higher transaction price reached between 128000 and 130000 yuan per ton.

In tungsten concentrate market, sellers are still reluctant to sell out, even at 80000 yuan per ton.

The new order for tungsten carbide powder is transacted at between 203 and 205 yuan per kg, and the quotation reached 210 yuan per kg directly because of raw material shortage, consequently, there are few new concluded orders.

Foreign clients have placed comparatively many orders before tungsten price went up, so the export volume to Japan began to decline. There is no obvious improvement of downstream hard metal and tungsten material demand, while upstream market raw material supply is seriously tight, mainly because mineral holders are reluctant to sell when powder and APT enterprises are badly in need of purchase.

 

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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Ferro-tungsten Market Sees No Obvious Improvements

China  ferro-tungsten market sees no obvious improvements.In the recent days, the tungsten concentrate prices moved up,and ferro-tungsten suppliers hold offers firm.

Ferro-tungsten market continued to be quiet, and the spot market saw few deals been concluded owing the soft demand. 

The ferro-tungsten prices increased slightly last week, and keep stable as whole for the moment. Many market participants watch the market for next term.

You can visit the following links for more information about ferro-tungsten  prices. Thank you very much!

 
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:    sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Tungsten Carbide Powder Market Sees Few Deals With Increasing Prices

China tungsten carbide powder market sees few deals with increasing prices.

Although the tungsten carbide powder prices move up with the increasing raw materials prices, the demand from the cemented carbide markets is weak, so the tungsten carbide powder market sees few deals. 

Furthermore, the tungsten carbide powder prices continue the uptrend, and most of the market participants are cautious in making deals with watching attitudes. 

You can visit the following links for more information about tungsten concertrate powder prices. Thank you very much!

 
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:    sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Technical demand for tungsten carbide

Though tungsten demand is persistently growing owing to the widespread application in national defense, civil and war industries all over the world, increase Supply shortage has become a major growth dampener for the distinctive metal. The growth of the tungsten market depends largely on new discoveries and explorations.

As cemented tungsten carbide is satisfying changing technical demands in milling and turning operations, it is considered a key material for cutting-tool inserts. Ceramic-metallic compounds and ceramics are being produced and used as replacements for cemented tungsten carbide in order to fulfill varying market demands.

The relevant market data and trends are presented in "Tungsten: A Worldwide Market Review".

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Xiamen Tungsten denies ownership of a huge Jiangxi mine

Xiamen Tungsten issued a statement on June 7 denying that it has a controlling stake in the company that have discovered the world's largest tungsten mine in southeast China's Jiangxi province, worth an estimated 300 billion yuan (US$47.15 billion).

Xiamen Tungsten's statement rebutted the article's claim that Xiamen Tungsten owned a stake in Jiangxi Jutong, the owner of the rights to the newly discovered mine.

According to Xiamen Tungsten, the article probably mistook the company for Xiamen Sanhong, another Xiamen-based firm which holds a 30% stake in Jiangxi Jutong, since Xiamen Tungsten's chairman is also a member of Xiamen Sanhong's board.

The primary shareholder of Jutong, Xiamen Tungsten said, is the Beijing-based Judian Investment, which controls a 53% stake in the Jiangxi company.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com





 

 

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