Tungsten market: the end of the financial pressure due to increase in tungsten concentrate shipments will increase cargo operators, and reduce 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. APT and other downstream tungsten smelter home the same financial constraints, operating enthusiasm weakened, more tentative inquiry for tungsten concentrate, resulting in Scheelite deal stalemate, the downstream production of tungsten is relatively slow, with product prices and lower raw material market downward. Recent tungsten market is expected to wait and see, some commodity prices or slightly lower tungsten, tungsten overall market steady consolidation.

Tungsten overseas demand has not yet been improved, the European APT prices continue to fall, the latest MB quote APT Europe quoted at $ 250-275 / ton degrees lower compared to last week's average 10 US dollars / ton degrees. Due to fierce competition in the market wolframite CIS wolframite prices also declined.

Only ferrotungsten overseas prices are relatively strong and sustained a slight rise in the rally, the latest quote ferrotungsten MB Rotterdam 33.6-34.75 dollars / kg, with last week raised $ 0.175 / kg, which is expected perhaps with Vietnam Yang Xing Tungsten suspended due to patent issues tungsten iron production to some extent.


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Tungsten market: Near the end, the whole market volume was light tungsten, demand continues to slump, lack of business confidence tungsten, tungsten considered late or have lower prices, but by the cost of support, losses were limited. Scheelite recent days cash transaction price or slightly lower, partly Scheelite holding business cash shipments will increase slightly, offer high tungsten products or have dropped.

Molybdenum market: International Molybdenum City because there is not enough demand to support has dropped slightly, the domestic market is still the main stable, companies offer strong, but the result was unsatisfactory, there is no significant increase in the actual volume, sentiment breeding.

Tungsten entire market volume was light, demand continues to slump, APT and other smelters family was unable to cash purchases of tungsten concentrate, resulting in Scheelite deal stalemate, the downstream production of tungsten is relatively slow, lack of business confidence tungsten, tungsten considered late or successively lower prices , but by the cost of support, losses were limited.

Macro level, domestic oil prices down for managing some areas back to 5 yuan era; QFII quota over the first $ 1 billion, A shares hope to introduce more running water; Turkish Republic of Korea announced the same day the application added an investment bank.


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2015 was successfully concluded last week, two of the country to an end, the deepening of reform, environmental protection, anti-corruption and other current hot topics become the focus of two sessions. During the two sessions of various types of motion have been proposed, frequent hot topic, a series of policy items ready. In addition, on behalf of the members concerned about the important mineral resources is also reflected during the two sessions. Behalf of the members said that as tungsten, antimony, tin, rare earth and other strategic resources, China has completed the first phase of prospecting breakthrough strategic action goals is to start the implementation of the second phase of the strategic actions in the market, more based on international and domestic two markets; as hot, heavy metal contamination of soil and other environmental issues and environmental protection will also be the topic of the consolidation trend. 2015 is a crucial year for comprehensive deepening reform, is to promote the rule of law in the first year, is critical of the steady growth in structural adjustment. Under the new normal, domestic tungsten market will face what kind of market changes and challenges?

Before the exchange and tungsten market participants, we often hear some, such as the difference between the market price, low-margin, almost not make any money this rhetoric, feel tungsten market downturn from the side. According to Ganzhou Tungsten Industry Association, statistics show: 2014 26 tungsten sample enterprises to realize an annual main business income 8.589 billion yuan, down 18.35 percent; tax 531 million yuan, down 26.24%; profit -0.52 billion yuan, down 108.48%, 26 companies accounted for 15 loss-making enterprises, the loss 57.69%, of which six mining business losses, loss of 216 million yuan, the state-owned mining enterprises for Ganzhou first loss in nearly a decade; APT smelters 4, loss of 73.257 million yuan, an increase of 34.0246 million yuan losses; tungsten powder manufacturer 2, a loss of 16.2274 million yuan, an increase of 6.3574 million yuan losses; the whole industry chain enterprises a loss of $ 49.08 million yuan , an increase of 15.31 million yuan losses; trade enterprises 2, the loss amounted to 21.94 million yuan, an increase of 15.7 million yuan losses. These data allow us learned from the front lines of the tungsten market slump degree of market participants to better understand the feelings of frustration.

Currently, the domestic tungsten market is facing a serious imbalance between supply and demand, market supply capacity greatly exceeds demand. Faced with this situation, the optimization and upgrading of industrial structure of the market will inevitably put forward higher requirements, some of the low level of productivity is bound to be eliminated, corporate mergers and acquisitions, the relative concentration of the production trend is inevitable. Tungsten industry is a relatively special industry, the State Council protective tungsten ore mining specific minerals, but also one of very few minerals mining quotas. Ministry of Land and tungsten ore has been mined on the total amount of other important mineral resources, regulate, although there are still stealing phenomenon, but the exploitation of normative are constantly being improved. In addition, the Ministry of Finance to establish regular communication with matters relating to mineral reserves.

Although the market is far can not be compared with the 11 years that would be high-priced, but the market is not lifeless. Along the way and railways, nuclear power, building materials, equipment, production lines, and Chinese "sea" major strategy were launched, will drive the recovery in domestic manufacturing, railway investment this year will continue the trend of triumph; feast open local investment in key projects, total investment of more than 14 provinces 15 trillion, focusing on infrastructure, environmental protection and livelihood of the three themes. These will enhance the domestic market demand tungsten, stimulate market prices. At the same time, companies need to release tungsten consumption potential through innovative supply, and even lead the consumer. If you continue to blindly do the homogenization of competition; that price, yield fight; not pay attention to the product quality, in terms of product differentiation, in scientific research, market development in the new investment, it will continue to survive in a tough market or even be eliminated.

In 2014 the US economy continues to slow recovery, GDP growth of 2.4, 0.2 percentage point increase over the previous year; euro area increased from 0.4 in 2013 to a negative 0.9 in 2014; Japan has experienced the second and third quarters of two consecutive quarters of economic After shrinking in the fourth quarter to reach 2.2. A series of data showed some good foreign situation, Europe and Japan's economic recovery quietly, May 2 tungsten products export tariffs will be canceled, the market is expected to overseas buyers demand for tungsten products will increase.

In the ever-changing market, the difficulty is an objective reality, but hope is there. Tungsten companies should maintain a sense of balance, the ideal view of the market changes, rationally adjust the production structure, optimization and upgrading product quality. Although tungsten overall market is still low, but after the storms, post-market will bloom more sunshine.


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Tungsten market: Tungsten mainstream market stability maintenance operation, thinly traded spot market funds are tight, partly because mining companies eager to cash interest payments, while a small amount to take the goods, expected by the end of March or decreased offer high tungsten concentrate, a small amount of turnover increased slightly . With the weather getting warmer, more APT smelters resumed production at home, and then resume production of the manufacturers, and because of fewer orders, manufacturers of raw materials procurement and production are more cautious. Sodium tungstate market demand has not yet been improved, factory orders received little downstream of consumer demand procurement, this week, prices stable and slightly weaker sodium tungstate, manufacturers offer stability maintenance, but the actual transactions fell slightly.

With the weather getting warmer, more APT smelters resumed production at home, and then resume production of the manufacturers, the operation is also a dilemma: on the one hand liquidity shortages, raw tungsten concentrate prices firm, new environmental laws to promote increased environmental costs, APT production costs continue to increase; the other hand, the overall market demand for the release slowly downstream procurement Procurement Inquiry little paratungstate upward price weakness.

It is understood that the current offer mainstream family APT smelters concentrated in 131,000 yuan / ton in the vicinity, and because of fewer orders, manufacturers of raw materials procurement and production are more cautious. Some market participants to disclose, nearly two weeks paratungstate prices or to hover at the 13 yuan / ton from top to bottom, the current high pricing has been reduced, foreign manufacturers offer this week, last week, compared to an overall decline in 1000 yuan / ton.


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Tungsten mainstream market stability maintenance operation, thinly traded spot market funds are tight, partly because mining companies eager to cash interest payments, while a small amount to take the goods, expected by the end of March or decreased offer high tungsten concentrate, a small amount of turnover increased slightly.

Sodium tungstate market demand has not yet been improved, factory orders received little downstream of consumer demand procurement, this week, prices stable and slightly weaker sodium tungstate, manufacturers offer stability maintenance, but the actual transactions fell slightly. It is understood that 96% of sodium tungstate manufacturers offer at 10.2-10.5 yuan / ton, but the actual transaction can be 10 yuan / ton traded very good.


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Tungsten market: Downstream Carbide factory operating rate is not high, the manufacturers of tungsten steel scrap purchase intention is not high, APT, tungsten powder smelter possessions energy release rate is too low, so the raw material consumption of tungsten concentrate slow, plus the history of tungsten ore inventory pressure, the spot market volume was light, leading to fatigue ore price rise. Traders lack of confidence in the bearish market sentiment strong, post material or slightly lower.

Molybdenum market: recent international molybdenum market as the midday summer continues to heat up the water in general, stimulate domestic molybdenum market mentality better, the market became active,

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Currently, more and more vehicles, especially cars join our ordinary family, with domestic and foreign automobile manufacturers increasingly fast car production base set up and transferred to China, the tool in the automotive powertrain applications, the more and more common. Its own characteristics and future developments are increasingly being concerned in the industry. As tends to be lightweight powertrain manufacturing, structural simplicity, high performance, powertrain manufacturing technologies and processes have undergone great changes, high-speed, efficient and flexible manufacturing process is the main feature of the current, which is consistent with the modern automobile industry more variety, small batch production requirements. As a powertrain manufacturing technology in a very critical part, and now the mainstream automotive powertrain features of the tool are increasingly reflects the modern auto industry production requirements, specific performance: up points from the powertrain requirements, high quality, high stability, high efficiency; technically divided, high-speed, complex, specialized, standardized, multi-species, heavy haul. The tool is toward the automotive industry tool integration, environmental protection tool, tool management outsourcing future development of advanced models.


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