Core tips: Tungsten ore market is weak currently, individual tungsten products reduce gradually.

The situation of tungsten market:Tungsten ore market is weak currently, individual tungsten products reduce gradually. Many sodium tungstate traders can accept ￥129,000.00/mt. While ferro tungsten quotation falls into chaos that maintains between ￥175,000.00-180,000.00/mt, the lowest could be ￥172,000.00/mt. Likewise, the prices of tungsten carbide powder is easing as well, high level quotation is few. The tungsten concentrate and APT prices moved down slightly in the recent days, but most of the consumers mainly consumed the stocks and were still inactive in purchasing materials. Therefore, the tungsten metal prices do not fluctuate with the decreasing raw materials prices. Tungsten metal market remains sluggish.

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
 

The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of domestic blade is ￥171.00-￥174.00/kg; imported blade is ￥181-183/kg; scrap tungsten bit still concentrates on ￥187.00-￥190.00/kg scrap pure tungsten block is ￥208.00-￥213.00/kg.

The price of the content of scrap tungsten grinding material which is more than 70W is ￥1.70 per kilogram tungsten, 50W-70W is ￥1.60 per kilogram tungsten, 30W-40W is ￥1.40 per kilogram tungsten, 10-20W is ￥0.80 per kilogram tungsten while 8W-10W is ￥0.70 per kilogram tungsten, which keep steady constantly.

The trend of downward becomes obviously in tungsten concentrate market, quotation from traders goes lower one after another and more tungsten suppliers are willing to ship. Under the support of short resource, scrap tungsten prices has been hold relatively, but small transaction volume has been realized. Scrap tungsten suppliers’ attitude becomes more cautious and more willing to wait and see. Chinatungsten Online predicts scrap tungsten prices will keep steady generally but falling feebly.

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

Currently, domestic tungsten concentrate prices remain steady. Today, mainstream 65% tungsten concentrate price based on Ganzhou focuses on ￥112,000.00-115,000.00/mt, more than 60% scheelite concentrate quotation based on Hunan is ￥110.000.00-114.000.00/mt.Generally, the transaction volume is unsatisfied and most end users choose to wait and see.

From the perspectives of Chinatungsten Online, a glut of tungsten concentrate leads to low quotation that many tungsten suppliers have to get cash through accepting low transaction prices. In the end of year, the demand and supply situation may be even weaker in the tungsten concentrate market.Chinatungsten Online expects, tungsten products price and tungsten concentrate price will keep steady at the low level.

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

Plansee Composite Materials opened its new production hall in Lechbruck, Germany, December 6. The company stated that the development will allow it to meet the high demand for high-precision components for tungsten alloyed products and medical technology.

Plansee Composite Materials is a centre of expertise for tungsten alloyed materials as well as for metallic and ceramic composite materials. The site also produces sputtering targets for the coating industry, collimators for medical technology applications and balancing weights for the automotive industry. A team of specialist employees, engineers and materials scientists cooperates closely with customers from all parts of the world to develop and manufacture a range of powder metallurgical components.

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