Tungsten market: tungsten market's recent sluggish demand, APT, tungsten, iron, tungsten carbide and other smelters are sluggish sales at home, some manufacturers have discontinued, some continued to offer, but slightly weaker prices stable, and market participants in April Tungsten Market not reporting expectations, the possibility that a small upward. Tungsten foreign market transactions or little, it is learned that although foreign demand in general, but little change until May, after the abolition of tariffs on foreign demand guess there will not be much change, plus the same time there is a policy resource tax reform, may be offset some positive effect, and thus presumably in May likely demand will rise.

The recent downturn in the market demand for tungsten, APT, tungsten, iron, tungsten carbide products, such as smelters are unmarketable home, some manufacturers have discontinued, some continued to offer, but slightly weaker prices stable, and market participants are not reported in April tungsten market expectations , think up a small possibility.

Macro, March China's manufacturing PMI was 50.1%, back above the critical point; 1.5 trillion pension fund investments to expand around: for the first time allowed to vote in local government bonds; sluggish European economy deflation is not curbed.


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Tungsten market's recent foreign demand is not the economy, APT prices have been declining, the opposite side is ferrotungsten up a little bit, but the Chinese side because ferrotungsten 20% tariff issues, turnover was basically no. At present, many businesses hope in early May after the elimination of tariffs could usher in a rising demand for exports. Although it is learned that foreign demand in general, but little change until May, after the abolition of tariffs on foreign demand guess there will not be much change, plus the same time there is a policy resource tax reform, may be offset by the positive effect of a part, but there are customers said some customers abroad because it knows what to eliminate tariffs in May, it is possible to reduce purchases in March and April, after a cheap price and then purchase until May. Although tariffs APT, tungsten powder and the like is not so much iron, there are 5%, will save some of the costs, and therefore presumably in May likely demand will rise.


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"Jiangxi Shixing whole region south of tungsten, tin, rare, rare earth mineral investigation and evaluation" was issued by the China Geological Survey Bureau, Nanjing Geological Survey geological and mineral survey undertaken evaluation projects, project work for the 2014-2016 period. Objectives and tasks of tungsten, tin, rare, rare earth minerals as the main ore to tin tungsten skarn, greisen and granite tungsten, tin, rare, rare earth ore is the main type in a shixing Chengjiang Liu Shan Luo dam conduct a regional survey and assessment work.

The project is in the "pit Nanshan Shixing a good source of tungsten tin polymetallic ore evaluation" based on the results in 2014 were in the Nanshan district of Shixing pit mine, good source of mine to carry out exploration work demonstration.

Nanshan pit area n No. belt implementation ZK927, footage 499.73m, of which more than 450m thick skarn. Skarn complex components, mainly diopside, actinolite, garnet, wollastonite, scheelite, chalcopyrite, sphalerite, pyrite, galena, molybdenite, magnetic pyrite mineralization and other development. At 192 ~ 225m to actinolite skarn-based, scheelite mineralization, brass and lead-zinc mineralization of the most intense and uniform mineralization (Figure 1). Head estimated by comparing the strongest parts of the scheelite mineralization grade of more than 2% (samples have been sent to the laboratory test analysis). The ore body is not only the n-4 orebody 7 line corresponds with 11 lines containing tungsten metal ore actinolite skarn also corresponds. In addition, the hole also see a number of copper-containing quartz veins and Bismuthinite, molybdenite ore. Tungsten tin polymetallic ore found the Nanshan, one of main ore pit No. n -4 control over the length of the orebody reach 400m forecast of up to 200 000 tungsten resources like on.

Good source region in 2014 to implement ZK304 (Figure 2), footage of 299.33m, the main ore-bearing rocks containing rubidium tungsten polymetallic deposits greisen containing rubidium albite muscovite granite and quartz vein (sample has been sent to the laboratory test analysis) . The hole and the early implementation of the project trenching, drilling, pitting and other works of the 1st ore joint control of the spread of the range above lkm2 confirmed good source of mine has a good vision of rubidium tungsten ore.

In practice prospecting for tungsten tin region, rare, rare earth minerals important key geological problems geological background, metallogenic regularity and prospecting signs a preliminary study, presented in the area looking for tin and tungsten polymetallic ore stratabound skarn tungsten tin polymetallic deposits related to the Upper Devonian-controlled, double-Yanshanian granite "body body" type of granite type tungsten molybdenum metal ore and Yanshanian granite "scores different evolution prospecting ideas "type granite rubidium tungsten, niobium, tantalum polymetallic ores.

Through implementation of the project to achieve a significant progress tungsten and tin ore, enrich and improve the tungsten tin, rare polymetallic mineralization theory, for the eastern Nanling metallogenic belt tungsten, tin, rare metal ore prospecting offer more experience.


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Tungsten market: tungsten market due to funding constraints, businesses require cash settlement, less cash transaction, but there is a certain turnover and price quotations are mostly concentrated in the low range, hold stocks tend to offer today or traded, so some tungsten commodity prices or a small drop. Scheelite cargo shipping business who wishes to increase and decrease the high offer, some traders and downstream buyers also took the opportunity to purchase some of tungsten ore, the mainstream market in the 8.3-8.4 yuan / ton, expected late disadvantaged stability maintenance.

Tungsten market funds are tight, businesses require cash settlement, less cash transaction, but there is a certain turnover and price quotations are mostly concentrated in the low range, hold stocks tend to offer today or traded, so some tungsten price or a small drop .

Macro level, institutions predict March CPI up by 1.3% in the second quarter, lowering the probability of large quasi; multi-bank mortgage rates generally go up 10 percent, housing prices proposed return line; the formal implementation of the deposit insurance system May.


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Tungsten market: businesses operating tungsten little enthusiasm, market sentiment strong, thinly traded, is expected to safeguard stability tungsten prices mainstream today, manufacturers offer a high level of individual tungsten small drop. Few large smelter started home less overall volume and orders, but most small and medium sized smelter home again suspension, businesses generally believe that the recent price of tungsten or hovering in the current price based.

Molybdenum market: lack of demand under international molybdenum prices fell again, although the city has experienced domestic molybdenum multiple positive boost, but in the end still up weak. Steel tender price is still lower than expected, the market waiting to see again enriched atmosphere. Short-term market is expected to continue steady.

Businesses operating tungsten little enthusiasm, market sentiment strong, thinly traded, is expected to safeguard stability tungsten prices mainstream today, manufacturers offer a high level of individual tungsten small drop. Although tungsten City market outlook is still not very clear, but some businesses are still bullish outlook tungsten steel scrap that scrap tungsten steel price still was up late may. Scheelite short term, paratungstate market or a slight increase, but do not rule out the possibility of shock consolidation.

Macro level, multi-sectoral push the New Deal, the release of a stable market signals; state-owned enterprises pay more provinces brewing reform program, and control executives hidden income; Asian investment bank expanded to 42 countries, in Australia or in the next month to join.


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Wolf Mining Company (Wolf Minerals) announced that its 34% growth in Devon near Black Morton (Hemerdon) tungsten tin project reserves, mainly because of the deeper open pits can be opened.

(Drakelands) near the open pit Drake Rand black Morton project completed in the second half of last year, six drilling effort, found its slope can dig deeper, it is possible to add 65 meters down the mine life by 10 years extended to 13 years.

Therefore, it increased to 35.7 million tons of ore reserves, grade tungsten trioxide 0.19%, tin grade of 0.03%. Confirmed in the above reserves (Proved) reserves of 27.9 million tons, outline (Probable) reserves of 7.8 million tons.

Currently, the project is advancing as planned. Once put into operation, will become Britain's first 40 years of the development of new metal mines.


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Near the end, the tungsten market as a whole increased financial pressure, some hold stocks of tungsten concentrate shipments will slightly increase in cash and reducing the high quote, some traders tentative inquiry of tungsten concentrate, resulting in Scheelite deal stalemate, downstream tungsten goods production is relatively slow. Recent tungsten market is expected to wait and see, some commodity prices or slightly lower tungsten, tungsten overall market steady consolidation.

The main factor is the stabilization wait: on the one hand, to be announced in April guided, businesses or wait wait, the operation is not strong positive; on the other hand, and soon to usher in the festival, traders have a short break holiday.


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