Weak tungsten powder market demand, the spot market inquiry, orders are less, coupled with lower guidance this month, lack of confidence powder manufacturers, external offer slightly lower, post-cash deal or as low as 200 yuan / kg.

Macro level, the central bank cut interest rates by 0.25 percentage points and extended floating in space; Russia signed 32 cooperation worth $ 25 billion, a number of listed companies to benefit; domestic gasoline and diesel prices will be "three rising."


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Ministry of Finance, State Administration of Taxation recently issued a circular on rare earths, tungsten, molybdenum resource tax levied reform issues clearly defined areas of light rare earths by the applicable tax rate from the implementation of different price, Inner Mongolia 11.5%. Heavy rare earth resource tax applicable tax rate is 27%, tungsten resource tax applicable tax rate is 6.5%. Molybdenum resource tax applicable tax rate is 11%.

To further promote the clearance fee tax legislation, rationalize resources tax relations, from May 1, 2015, the rare earths, tungsten, molybdenum resource tax from the amount of taxable valorem, and not to increase corporate taxes in accordance with negative principles reasonably determine the tax rate. Meanwhile, to further clean up and standardize the charges, the rare earth mineral resources compensation rates, tungsten, molybdenum is reduced to zero, stop expropriation price adjustment fund, ban related charges fund local governments below the provincial irregularities established. About taxable Regulations, rare earths, tungsten, molybdenum resource tax levied by the change from a fixed amount levied ad valorem rates. Rare earths, tungsten, molybdenum taxable products, including ore and ore concentrate from mining to processing. Taxpayers its mined ore processed into concentrate sales, according to concentrate sales (excluding VAT) and pay resource tax applicable tax rates. Taxpayers mining and ore sales, the ore sales (excluding VAT) in terms of concentrate sales tax is calculated and paid resources.

It is understood that, with regard to the implementation of rare earths, tungsten, molybdenum resource tax reform requirements, decided to clean up standard fee fund involving rare earths, tungsten, molybdenum, requiring the region around a comprehensive clean-specification introduced in the region involving rare earths, tungsten, molybdenum fees fund the project, Where a breach of administrative fees and government funds approval regulations, unauthorized introduction of fees to fund the project will be canceled. After clean-up involving rare earths, tungsten, molybdenum fund related charges, the relevant departments to perform their normal duties requirements by the central and local governments shall be guaranteed by the general public budget funding arrangements. All localities and departments should strictly implement the provisions of the announcement to cancel or stop collecting the fee fund must not delay or refuse to perform any reason can not be disguised by other names continue to charge.


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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Tungsten market: Tungsten businesses wait and see mood strong, the market demand is very light, APT product is still unmarketable, prices continue to fall, was inverted, smelters home production enthusiasm is not high, and more than 125,000 post-market quotations or less. Ganzhou Tungsten Industry Association and the China Minmetals were announced in May the average price of tungsten concentrates forecast, which predicted the average price of wolframite reported 86,000 yuan / standard ton, are steady last month, it is expected to short-term market or temporarily holding stability the Lord.

Tungsten Market demand is very light, APT products are still poor sales, prices continue to fall, was inverted, smelters home production enthusiasm is not high, and more than 125,000 post-market quotations or less.

Macro level, the State Department pushing electricity supplier: encourage domestic listed Internet companies; trillion debt issuance local replacement recently launched: the use of directional + open mode; IMF expects 5.6 percent economic growth in the Asia-Pacific region.


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: resource tax reform act of increasing the cost of production of tungsten concentrate, but the implementation of the policy will take time, two days tungsten businesses wait and see mood strong, more waiting guidance issued smelter home ship upside down enthusiasm is not high, coupled with Prior to the production of tungsten concentrate stock, and the market volume was light. Tungsten concentrate not reflect the current market, the price is still steady weakening mainly tungsten concentrate.

Resource tax reform act of increasing the cost of production of tungsten concentrate, but it takes time to implement policy, combined with the production of tungsten concentrate inventory before more tungsten concentrate market currently reflects little tungsten concentrate price is still stable and weak based.

Macro, Beijing, Tianjin or leveraging one hundred trillion investment: 42000000000000 mainly for infrastructure; the State Council: to identify further decentralization, reform into depth; scale industrial profits surpass Shandong, Jiangsu over the nation.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Ministry of Finance, State Administration of Taxation recently issued a circular on rare earths, tungsten, molybdenum resource tax levied reform related matters were clear from the price. The notice stipulates that the light rare earth by regions perform different applicable tax rate, which was 11.5% in Inner Mongolia, Sichuan, 9.5%, 7.5%, Shandong. Heavy rare earth resource tax applicable tax rate is 27%. Tungsten resource tax applicable tax rate is 6.5%. Molybdenum resource tax applicable tax rate is 11%.

To further promote the clearance fee tax legislation, rationalize resources tax relations, decided April 28 executive meeting of the State Council, from May 1, 2015, the rare earths, tungsten, molybdenum resource tax amount levied by the change from ad valorem, and in accordance with the principle of no increase in the corporate tax rate be reasonably determined. Meanwhile, to further clean up and standardize the charges, the rare earth mineral resources compensation rates, tungsten, molybdenum is reduced to zero, stop expropriation price adjustment fund, ban related charges fund local governments below the provincial irregularities established.

About taxable approach, the notification requirement, rare earths, tungsten, molybdenum resource tax levied by the change from a fixed amount levied ad valorem rates. Rare earths, tungsten, molybdenum taxable products, including ore and ore concentrate from mining to processing. Taxpayers its mined ore processed into concentrate sales, according to concentrate sales (excluding VAT) and pay resource tax applicable tax rates. Taxpayers mining and ore sales, the ore sales (excluding VAT) in terms of concentrate sales tax is calculated and paid resources.

The notice also will concentrate in terms of sales, sales and ore concentrate sales, Ore, associated taxes, tax aspects, tax location, etc. were clearly mine.

Meanwhile, the Ministry of Finance, the National Development and Reform Commission of the State Council on the implementation of rare earths, tungsten, molybdenum resource tax reform requirements, determine clear norms involving rare earths, tungsten, molybdenum fee fund, and clearly related matters. He asked the provinces, autonomous regions and municipalities in the region to introduce a comprehensive clean-specification relates to rare earths, tungsten, molybdenum fees fund the project, a contravention of administrative fees and government funds approval regulations, unauthorized introduction of fees 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 by the central and local governments shall be guaranteed by the general public budget funding arrangements. All localities and departments should strictly enforce the provisions of this notice, to cancel or stop collecting publication fees fund, may not delay or refuse to perform any reason can not be disguised by other names continue to charge.


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

It was informed that the State Council approved the implementation of a rare earth, tungsten, molybdenum resource tax clearance fee tax legislation since May 1, 2015, ad valorem levied reform.

Ministry of Finance, State Administration of Taxation issued "on the implementation of the rare earths, tungsten, molybdenum, ad valorem resource tax reform notice" that taxpayers be mined ore processed into concentrate sales, according to concentrate sales (excluding VAT) and pay resource tax applicable tax rates. Taxpayers mining and ore sales, the ore sales (excluding VAT) in terms of concentrate sales tax is calculated and paid resources.

In applicable tax rates, notice clearly: Light rare earths by regions perform different applicable tax rate, which was 11.5% in Inner Mongolia, Sichuan, 9.5%, 7.5%, Shandong; the heavy rare earth resource tax applicable tax rate is 27%; tungsten resource tax applicable the tax rate is 6.5 percent; molybdenum resource tax applicable tax rate is 11%.

At the same time, notify the clear, and rare symbiosis, associated iron ore, iron ore resource tax levied at the time, which allowed the deduction of symbiosis, the number of rare earth mineral associated; and rare earths, tungsten and molybdenum symbiosis, associated should tax product, or rare earths, tungsten and molybdenum as symbiosis, associated minerals, before the reform of resource tax levied not alone, they will not levy resource tax reform.

In addition, the notice also of rare earths, tungsten, molybdenum resource tax tax aspects, location and other tax collection matters further clear.

Market participants said the move will help to achieve the rare earth resources tax unification, the market environment is more fair to mobilize the enthusiasm of local governments.

At the same time, it will increase the cost of rare earth production, reduce corporate profits, but also help promote the rare-earth prices from the source.


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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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten market: although tungsten policy has been positive, but demand continues to slump by constraints, tungsten market is still weak, in May the average price of the latest forecast ITIA difficult to stop the decline; tungsten ore flat, APT and the particles are to continue to decline, It is not conducive to boost market confidence. Today, China Minmetals tungsten concentrate guidance issued in May. Now 65% of wolframite offer for 86,000 yuan / tonne mark, 65% scheelite quoted at 85,000 yuan / standard ton, compared with April prices were flat guide. Expected short-term upward price weakness.

Although tungsten policy has been positive, but demand continues to slump by constraints, tungsten market is still weak, in May the average price of the latest forecast ITIA difficult to stop the decline: tungsten ore flat, APT and the particles are continuing to decline, is not conducive to boosting market confidence, expected short-term upward price weakness.

Macro level, the central speed overall deep change, a number of reforms passed; power surplus electricity prices impulse to invest a substantial decline, industry or mergers and tidal current; agency predicted in April CPI up by about 1.7%.


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