Tungsten market: near the end, tungsten smelter home operating more cautious, more to maintain the same price, the tungsten carbide particles in the mainstream offer 200 yuan / kg, but the actual turnover of more than 200, expected in June tungsten powder guidance or continue decline. Operating rate of less sodium tungstate market, smelters home very price conscious enhancement, foreign purchase has been quite at 10-10.1 million, but the actual turnover of only 9.7 yuan / ton from top to bottom, and because demand continues to slump, is expected to post price still lower risk.

Near the end, tungsten smelter home operating more cautious, more to maintain the same price, the tungsten carbide particles in the mainstream offer 200 yuan / kg, but the actual turnover of more than 200, expected in June tungsten powder guidance or continue to decline.

Macro level, the central bank: 7% growth rate this year is expected to maintain and continue to implement prudent monetary policy; the Yangtze River economic zone plan or the introduction of the second half, the central province of docking acceleration; Greek debt default or countdown.


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Sodium tungstate market this week, the operating rate of less smelter home very price conscious enhancement, foreign purchase has been quite at 10-10.1 million, but the actual turnover of only 9.7 yuan / ton from top to bottom, and because demand continues to slump, prices are still expected to post turnover lower the risk.

APT manufacturers offer more firm at 12.2-12.4 yuan / ton, then the mainstream market price of 11.8-12.2 yuan / ton (cash - acceptance). Near the end of the smelter home orders less stock market activity is also lower, the actual turnover of more light, more businesses are expected sidelines waiting for the introduction of the new guidance, before or operating low enthusiasm.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Tungsten market: near the end, tungsten smelter return funds home-based, low operating actively, thus tungsten mainstream price stability maintenance; but scrap tungsten steel market due to reduced demand for downstream manufacturers offer lower again, two days tungsten drill bits and other waste Prices have declined or different magnitudes. Although tungsten scrap steel market supply is tight, but the downstream demand for alloy manufacturers purchase less, leading to this week, tungsten steel scrap prices slipped again, and the high-low-cost differences, the price is a bit confusing.

Although tungsten scrap steel market supply is tight, but the downstream demand for alloy manufacturers purchase less, leading to this week, tungsten steel scrap prices slipped again, and the high-low-cost differences, the price is a bit confusing.

It is understood that the price of scrap tungsten drill mainstream 142-145 yuan / kg, tungsten scrap import blade 133-136 yuan / kg, the domestic scrap tungsten blade 125-128 yuan / kg. However, the actual distribution market in Jiangsu and Zhejiang domestic scrap tungsten steel blade has now 120-122 yuan / kg of low inquiry, part of Hebei traders can buy factory direct sell 130 yuan / kg, the highest price and the lowest difference of nearly 10 yuan / kg. Waste tungsten drill some relatively small difference, the current research found that the lowest price is 140 yuan / kg, the highest price of 146 yuan / kg.


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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Near the end, tungsten smelter return funds home-based, low operating actively, thus tungsten mainstream price stability maintenance; but scrap tungsten steel market due to reduced demand for downstream manufacturers offer lower again, spent two days in succession tungsten drill and other prices or different the decline.

Macro level, the central bank open market operations continue to be suspended, the market calls for further relaxation; Bloomberg economists: the third quarter is expected to cut interest rates further; oil prices fell nearly 3 percent on Tuesday, and the supply is expected to rise by the weight of the strong dollar.


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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Recently, the Ministry of tungsten released in 2015, the total rare earth mining control targets, the national rare earth ore mining total control measure remains 105,000 tons, maintaining last year's number, the total amount of tungsten concentrate mined in the country control target of 91,300 tons, microliters than last year.

The notice also mentioned that Minmetals Corporation, China Aluminum Corporation, Baotou Iron and Steel Co., Ltd., Xiamen Tungsten Co., Ltd., Ganzhou Rare Earth Group Co., Ltd., Guangdong Rare Earth Industry Group Co., Ltd. 6 Rare Earth Group integration and restructuring program has been concerned approval for the record.

The total control of the rare earth ion-type rare earth ore indicators 17,900 tons, rock type indicators of 87,100 tons of rare earth ore. Tungsten concentrate in the main indicators of the national mining 73,300 tons, 18,000 tons utilization of indicators. The notice said, according to the State Department to speed up the implementation of the strategic requirements of enterprise groups of rare earth, rare-earth group and the inclusion of consolidation and restructuring has been completed, the total provincial indicators index in a single column by the provincial land and resources departments by single number assigned to the rare earth mining enterprises, No re-integration into the group or unfinished, continuing the provincial distribution.

Thus, this 6 RE Group won a separate program, such as the Inner Mongolia Baotou annual 59,500 tons of rare earth ores mining index, Ganzhou Rare Earth Mining Company Limited is 7965 tons ionic rare earth mining index, which the two companies and the north south, grasp the largest share of the two types of rare earths.

Rare is an important strategic non-renewable resources, is an important raw material to manufacture new energy vehicles, missile defense systems, wind turbines, smart phones and other technology products. Although China's rare earth reserves account for only 23% of the world reserves of rare earth resources, but the supply of rare earth products was more than 90% of the world rare earth market. And the status quo of trade imbalance is to establish over-exploitation of rare earth resources in the country, the ecological environment has been severely damaged foundations.

To this end, early in 2011, the State Council had issued the "Opinions on Promoting the sustainable and healthy development of rare earth industry," where that is the basic form to large enterprises as the leading pattern of rare earth industry, the South ionic rare earth industry in the top three The Enterprise Group of industrial concentration of more than 80% of the claim. It is precisely because, in recent years, China has been making efforts to promote the integration of rare earth resources development to enhance the concentration of rare earth mining rights.


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Tungsten market: near the end, weak demand tungsten, tungsten upward price weakness, but with more stringent environmental regulation this year, higher cost of production of tungsten, tungsten smelter home very price conscious enhancement, tungsten smelter home to complete the delivery of 5 March orders, received fewer new exercise alone, it is expected to announce before June guidance, tungsten-based product prices or major maintenance of stability, some tungsten price range or widening.

Near the end, businesses operating less active tungsten, tungsten smelter home to complete delivery in May orders, received fewer new exercise alone, is expected to announce before June guidance, tungsten-based product prices or major maintenance of stability.

Macro, before April SOE profits decline narrowed, coal, steel, nonferrous metals losses now; a number of agencies will be expected as early as June or drop quasi again cut interest rates; the state set policy red line blocking Guoziliushi to ensure the successful completion of mixed change.


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

Tungsten market: the overall performance of the tungsten market deserted, buyers and sellers more wait and see, and some waste materials such as tungsten grinding cargo operators worried outlook lower, and shipments will increase, no change in this ore prices compared with the previous week, down buyer inquiry Seller very price conscious strong spot market traded stalemate continued. Tungsten businesses have to return the funds, regardless of manufacturers and traders operating or more cautious, is expected by the end of May the price of tungsten or mainstream stabilization, turnover continued to light.