Because demand continues to slump, while ferrotungsten stock has adequate supply and demand once again highlights, tungsten iron manufacturers take the goods difficult, manufacturers offer external hard firm. 70 base tungsten iron furnace production has fallen below 150,000 yuan quotes / ton; centralized transaction even 14 yuan / ton from top to bottom, 70 extra-base furnace iron production of tungsten has already fallen below 140,000 yuan / ton; 80A ferrotungsten offer relatively strong, mainstream 160,000 yuan / ton down.

It is understood that a small holiday last month, almost no turnover, some manufacturers also take no more than 10 tons of goods, some manufacturers do export trade, before the Christmas holiday last month because of a slight increase in turnover fall stocking.


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Tungsten market: two days tungsten prices steady weakening city, watching the market sentiment strong, difficult to deal with the recent raw material prices stabilized stabilized tungsten concentrates, smelter major sustain long-term customers, so prices temporarily stabilized sodium tungstate and sodium tungstate smelter home less enthusiasm for production, the market started low. Inquiry tungsten ore rose slightly, other tungsten products offer still slightly lower, expected in January tungsten City or low consolidation based.

With the recent tungsten concentrate raw material prices stabilized stabilized, smelter major sustain long-term customers, so prices temporarily stabilized sodium tungstate and sodium tungstate smelter home less enthusiasm for production, the market started low. It is understood that 96% of sodium tungstate quoted in 10.4 -10.7 yuan / ton, turnover concentrated in the low range; 98% sodium tungstate quoted in 10.8-11 yuan / ton, the market demand for very few manufacturers take the goods difficult.

As downstream demand remained low powder, and the powder smelter home plan around January 20 will come shutdowns, resulting in APT goods manufacturers greater difficulty walking, manufacturers reduced enthusiasm, mainly in the old orders, signed a new single hard. APT market prices lower again this week, quoted in the mainstream 12.6-13.2 yuan / ton, but the actual transaction more in the 125,000 yuan / ton, or even lower, manufacturers have faced difficulties upside down, according to research to understand the cost of production of APT in now 12.6-12.7 yuan / ton.

Analysts believe that prices continue down this week APT main reasons: ① raw materials continued weak market conditions; ② downstream market demand continues to weaken; enough ③APT stock market, oversupply; ④ Pan Asia yet to see procurement action. Ganzhou Tungsten APT Association January 2015 forecast average price of 133,000 yuan / ton, compared to last month, down 10,000 yuan / ton, down widening.


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Tungsten prices steady weakening city two days, watching the market sentiment strong, continued to decline due to lower market demand for powder, and the powder smelter home plan around January 20 will come shutdowns, resulting in APT goods manufacturers greater difficulty walking, manufacturers initiative to reduce, mainly in the old orders, signed a new single hard. Inquiry tungsten ore rose slightly, other tungsten products offer still slightly lower, expected in January tungsten City or low consolidation based.

Macro, PMI asymptotic line ups and downs, is expected to drop quasi resurgence; solid economic fundamentals, the RMB remained stable on the whole; Global index: drop in oil prices caused by the United States and Europe, such as the stock market tumbled on Monday met.


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Tungsten market: New Year's Day after the tungsten market temporarily disadvantaged steady, end demand continues to slump, tungsten smelter home more cautious, tungsten ore spot market transactions scarce, businesses mostly watching the market price significantly confusion, waiting guided and pan-Asian action, rarely traded spot market, dragged down by the transaction difficulties, tungsten powder difficult to take the goods market as a whole, prices are still slow down, home smelter production enthusiasm is low, this month will come shutdowns are expected to last two days interval low part of tungsten or small drop.

New Year's Day after the tungsten market temporarily disadvantaged steady, end demand continues to slump, tungsten smelter home more cautious, waiting for the guide price and pan-Asian action, tungsten rarely traded spot market, dragged down by the transaction difficulties, and other parts of tungsten carbide products today offer interval low exploratory downside, native tungsten market has 210 yuan / offer kilograms.

Due to lower underemployment, tungsten powder difficult to take the goods market as a whole, prices are still slow down, home smelter production enthusiasm is low, this month will come shutdowns, short-term market or steady weakening. It is understood that the native tungsten concentrate on the current market price of the mainstream 207-212 yuan / kg, mainstream tungsten powder concentrated in 210-213 yuan / kg.


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Tungsten ore spot market transactions scarce, businesses mostly watching the market price significantly confusion, some businesses to buy and raised the inquiry arrival, some businesses are not optimistic about the market outlook and continued down the inquiry, resulting in tungsten concentrate market price differences, especially 60 degrees wolframite pull bigger price range. Scheelite cargo operators reluctant to sell sentiment is still strong, some businesses still want to cash in, look at the price, and payment method to sell a small amount of tungsten ore.

It is understood that some APT smelter home to 60 degrees wolframite inquiry was 75,000 yuan / ton, compared to the factory last week's 76,000 yuan / ton, down 1,000 yuan / ton; while some downstream tungsten smelting ready reserves of raw materials manufacturers, in order to buy raw materials and active inquiry tungsten mine, and raised the inquiry, the market has emerged inquiry tax 79,000 yuan / ton, excluding tax inquiry 1.06 yuan / kWh.


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Tungsten market: Tungsten city market steady run, many businesses see attitude, active low operating spot turnover is very scarce. Scheelite mainstream prices steady, continuous tungsten ore cargo operators reluctant to sell, subject to market low steady influence of raw materials, the recent tungsten scrap prices stabilize overall terminal carbide poor demand, downstream manufacturers of small scrap procurement efforts are expected to: early January the price of tungsten or mainstream maintenance of stability, ore price or stabilize, tungsten products sold or still Yindie risk.

New Year's Day holiday today, the first day on the job, the latest mainstream understanding of the tungsten market stability maintenance, spot market transactions scarce, the market sentiment is relatively strong: on the one hand waiting for the new price guide published in January, on the other hand waiting to see if this month will pay Pan Asia loans, whether to continue the procurement APT doing inventory.

Today, the price of tungsten concentrates mainstream steady, tungsten ore cargo operators continue sellers, buyers inquiry is still high, but the increase of more than 60 degrees wolframite inquiry, it is understood 60 degrees wolframite not offer tax 1.02-1.07 yuan / kWh offer both. Analysis is expected, since the tungsten end demand continues to slump, expected short-term weakness ore prices sharply upward.

APT take the goods market difficulties, offer basically has fallen below 130,000 mark, the cash price is now low-cost 125,000 yuan / ton or less. Downstream powder smelter is expected later this month will come home suspend production for rectification, less demand for APT, if Pan Asia still has not purchase this month, APT market risk or upside down.

By lower raw material market was steady, the recent tungsten scrap prices stabilize overall terminal carbide poor demand, downstream manufacturers of scrap procurement efforts little late tungsten scrap prices are still lower risk.


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Tungsten city market steady run, many businesses see attitude, waiting for the latest price guide issued in January, market operations active low spot turnover is very scarce. Expected: early January the price of tungsten or mainstream stability maintenance, or ore prices stabilize, tungsten products sold or still Yindie risk.

Macro level, four administrative fees adjustment, small and micro enterprises were burdens spree; international oil prices hit cut, or the first half of China's crude oil futures market; last December manufacturing PMI was 50.1%.


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