Rotterdam ferrotungsten prices fell slightly again. According to the 13th UK(MB) quotes that the Rotterdam ferrotungsten price is 38.9-39.5 U.S. dollars / kg, and fell slightly. It has dropped 0.1 U.S. dollars / kg compared to the 8th price. The Hong Kong offer is 53-55 dollars / kg, continue unchang; APT quoted in Hong Kong is 355 - $ 360 / ton, Europe continues keeping between 319.4-342.1 U.S. dollars / ton. It is expected that international tungsten price will keep stable in next week.

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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Core Tip: Domestic tungsten ore prices support difficulty, many mine operators who hold goods began to have price adjustment. It is reported that recently funds in downstream part of the enterprise are nervous and  have no help on the actual needs.

Domestic tungsten ore prices support difficulty, many mine operators who hold goods began to have price adjustment. At present, mainstream market price of 65 degrees wolframite concentrate is between 1.52-1.55 yuan / kWh. Some individual merchants’offer tends to weaker and the minimum can be 1.5 yuan / kWh. It is reported that funds in downstream part of the enterprise are nervous and  have no help on the actual needs.

Raw tungsten ore market’s intensity of support becomes gradually weaker. With the adverse transaction, high market prices tend to put pressure to downward, some businesses have become cautious in future market. Overall, the shipments will of mine operators who hold goods has been enhanced, but the terminal and transaction downstream demand is poor. Supplies are in reselling toss between traders. It is expected that tungsten ore prices will slightly float for short-term.

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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Last week, tungsten products prices remained stable. Currently, mainstream trading prices of the medium particles of tungsten powder concentrate in 270-275 yuan / kg, tungsten carbide 269-273 yuan / kg. The transaction tends to weak and the price gap between different merchants’ is still large. The prices of tungsten bar, tungsten rod and tungsten electrode continue keeping steady. Mainstream trading price of tungsten electrode polished rod still concentrate in 440-450 yuan / kg, steelmaking tungsten bars 290-295 yuan / kg and individual businesses report 300 yuan / kg. Mainstream prices of high purity processing and brushed tungsten remained in 350-360 yuan / kg. Most of them need to  book in advance because of few spot goods resources. So the prices keep relatively stable. Expected that tungsten products prices will keep stable and tend to rise this week.

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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Scrap tungsten prices remain stable. The mainstream of transaction prices of domestic scrap tungsten blades that does not taxs concentrated in the 171-174 yuan / kg, imported blades 180-182 yuan / kg, scrap tungsten drill 190-192 yuan / kg, scrap pure tungsten blocks 210-214 yuan / kg. Tha mainstream transaction prices of scrap tungsten grinding material wolfram content of more than 70 degrees is 1.76 yuan / kWh; 50-70 degrees 1.66 yuan / kWh; 30-50 degrees 1.5 yuan / kWh, steady. The tungsten ore prices keep steady and to weaken .The businesses’shipment enthusiasm is enhanced. The mentality of scrap tungsten businesses is low because tungsten market transactions are still in poor situation.

Currently, the offers still keep stable. It is expected that scrap tungsten market will continue remaining stable for short term.

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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