Domestic tungsten market conditions continue to decline, further price dip, demand weakness unchanged. Looking at the market, the downward trend of consolidation has not changed. Prior tungsten ore prices dip, mine face cost pressures, some choose shutdowns, one is to reduce inventory, slow the pace of production; secondly, low current market price, mining sales will is not strong, hope rose serious psychological. The production scale of the ATP manufacturers have a more significant decline, in spite of all production of the manufacturers are not many, but production has been the choice of most of the smelters.

In order to follow the market, Minmetals and Ganzhou ITIA have reduced the monthly price, and the market close. Still, the dilemma is still difficult to break through the downstream carbide business orders are still huge compared with same period last year. Weak consolidation market situation has not changed.


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Tungsten market: domestic tungsten market conditions continue to decline, further price dip, demand weakness unchanged. After last week's tungsten-based products in general have dropped this week, tungsten businesses operating less enthusiasm, tungsten products market mainstream disadvantaged stability maintenance, low operating ferrotungsten market, external sales of the manufacturers offer less than 5, overseas traders tried to drive down the inquiry, sluggish exports, is expected to post ferrotungsten Budie price or, if the transaction or slightly Yindie. Some prices dropping slightly, expected short-term tungsten market is difficult to reverse.

Molybdenum market: international low-cost procurement of molybdenum oxide resistance occurs, causing Chinese enterprises to import buying surge. Molybdenum in China due to limited international spot, low-cost procurement Difficult, holding the goods began tentatively upgrade offer, stop the declining trend in the international price of molybdenum. Outlook trend there are still many uncertainties. Expected short-term rebound in the domestic molybdenum market is difficult.

After last week's tungsten-based products in general have dropped this week, the enthusiasm of tungsten businesses operating less vulnerable tungsten products market mainstream maintenance of stability, prices of some products dropping slightly, expected short-term tungsten market is difficult to reverse.

Macro level, the camp changed to increase into the closing stages, trillion room for tax cuts benefit all sectors; pension fund is limited to domestic investment, can participate in major national projects; China accounted for Asian investment bank, 26.06% of voting rights.


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Since the end demand continues to release hard throughout the tungsten market prices continued to slump, tungsten ore prices lack support, stumble endlessly, tungsten-based product line overall cost approach, has shown a lot of even upside down, the business confidence in the setback.

Hard tungsten concentrate prices stabilized stabilized, the downstream tungsten smelter shutdown intensified, most manufacturers are actively de-stocking, and business generally bearish outlook tungsten, tungsten concentrate on raw material procurement will be more weak, down strong tungsten concentrate inquiry, Last week more than 50 degrees of tungsten concentrate inquiry has fallen below 70,000 mark.

It is understood that in June the market price of tungsten ore unsatisfactory, the mainstream price of 50-55 degrees scheelite concentrate at 7.1-7.2 yuan / ton. With the summer holidays approaching, late or weaker overseas demand, tungsten Write to see the city is expected to rebound, we expected to post more than 50 degrees or scheelite price fell to around 70,000.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: demand continues difficult because the terminal release, the entire city market continued to slump tungsten, tungsten ore prices lack support, stumble endlessly. Ferrotungsten market started low, external sales of the manufacturers offer less than five, tungsten-based product line overall cost approach, has shown a lot of even upside down, the business confidence in the setback. Overseas traders tried to drive down the inquiry, sluggish exports, is expected to post ferro-tungsten prices or slipped.

Molybdenum market: International Molybdenum prices fell, and still no signs stabilized, domestic mills tender ferromolybdenum price break 70,000 yuan / ton, the international price of molybdenum oxide is also approaching $ 6 / lb molybdenum, the overall market confidence is low, panic filled .

Ferrotungsten market started low, external sales of the manufacturers offer less than 5, overseas traders tried to drive down the inquiry, sluggish exports, is expected to post ferrotungsten Budie price or, if the transaction or slightly Yindie.

Macro, before May industrial profits fell 0.8%, the trend was not stable stabilize weak; Asian investment bank, today signed a founding member of the Articles of Association, China as the largest shareholder; the central bank is expected to release 470 billion to double down funds.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: the entire city tungsten demand continued to slump, tungsten smelters actively go home inventory, the price of tungsten lack of support, stumble endlessly, product or upside down, or hovering upside down edge, lack of market confidence, low motivation operate. Hard tungsten concentrate prices stabilized stabilized, the downstream tungsten smelter shutdown intensified, most manufacturers are actively destocking is expected after the reduction, the primary raw material short-term tungsten ore, APT, etc. are expected to hold steady in the low or disc. With the summer holidays approaching, late or weaker overseas demand, tungsten Write to see the city is expected to rebound, it is expected to post more than 50 degrees or scheelite price fell to around 70,000.

Molybdenum market: With the international price of molybdenum oxide almost equal to $ 6 / lb molybdenum mark, the domestic molybdenum concentrate market risk aversion, with active buying by little, even if there is not a reference to the order cost bargain price of imports of molybdenum is extended Quotes wait time after purchasing uncertain. Short-term momentum is still short, the bottom trend is accelerating pace.

Since the end demand continues to release hard throughout the tungsten market prices continued to slump, the price of tungsten lack of support, stumble endlessly, tungsten-based product line overall cost approach, has shown a lot of even upside down, the business confidence in the setback.

Hard tungsten concentrate prices stabilized stabilized, the downstream tungsten smelter shutdown intensified, most manufacturers are actively de-stocking, and business generally bearish outlook tungsten, tungsten concentrate on raw material procurement will be more weak, down strong tungsten concentrate inquiry, This week more than 50 degrees of tungsten concentrate inquiry has fallen below the 70,000 mark. However, it is understood, June 50-55 degrees mainstream price scheelite concentrate at 7.1-7.2 yuan / ton. With the summer holidays approaching, late or weaker overseas demand, tungsten Write to see the city is expected to rebound, it is expected to post more than 50 degrees or scheelite price fell to around 70,000.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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City continued sluggish demand throughout the tungsten, tungsten smelters actively go home inventory, product or upside down, or hovering upside down edge, lack of market confidence, low motivation operate. After the cut is expected, the primary raw material short-term tungsten ore, APT, etc. are expected to hold steady in the low or disc.

Macro level, the first time in eight weeks the central bank to restart the reverse repo, RRR cut interest rates drop probability; to conclude bilateral investment agreements was a major breakthrough in Sino-US cooperation is a new rhythm; the third quarter, is expected to bottom to stabilize the economy.


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June 24, learned from the Jiangxi Provincial Department of Finance, and approved by the provincial government, since May 1, 2015 in the province unified rare earths, tungsten, molybdenum mineral resources compensation rates to zero, stop Collection of rare earth, tungsten, molybdenum price adjustment fund.

Provincial Department of Finance urged all localities and departments to fully clear specification of the region, the department issued relates to rare earths, tungsten, molybdenum fees fund the project, a contravention of administrative fees and government funds approval regulations, the introduction of ultra vires Pay Fund project to be canceled. After clean-up involving rare earths, tungsten, molybdenum fund related charges, the relevant departments to perform their normal duties requirements, shall be guaranteed by the corresponding financial arrangements for funding by the general public budget.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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