Tungsten market: Scheelite traders reluctant sellers do not ship sustained, mining funds tensions eased, coupled ore price has dropped to the bottom of the APT and other downstream smelters home materials procurement will increase efforts to reduce lower prices, high-grade wolframite concentrate increased demand, more than 60 degrees wolframite inquiry slightly elevated. Waste tungsten market volume was light, the market stability maintenance; tungsten steel scrap prices still strong, and because less stock market liquidity, receiving difficult, traders were forced to compress profit margins, operational difficulties.

Waste tungsten market volume was light, the market stability maintenance; tungsten steel scrap prices still strong, and because less stock market liquidity, receiving difficult, traders were forced to compress profit margins, operational difficulties. However, the total stock market is actually relatively large, but large cargo owners are reluctant to sell not currently expected to post scrap tungsten steel prices likely Budie.

It is understood that the waste tungsten drill, tungsten scrap import prices remained blade in 155-160 yuan / kg, scrap tungsten blade mainstream domestic prices in the 147-150 yuan / kg, the price of scrap tungsten wire drawing dies at 154-156 yuan / kg.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Two days above 60 degrees on the spot market wolframite Inquiry increased inquiry has also been rising: 60 degrees last week, wolframite tax price 77,000 yuan / ton, the current mainstream inquiry at 7.8-7.9 ten thousand yuan / ton; 60 degrees last week, wolframite non-tax price of 1.03-1.04 yuan / kWh, now appears 1.06 yuan / kWh inquiry.

Analysis now wolframite price rose slightly main reasons: ① Scheelite traders are high-priced stocks, reluctant sellers do not ship continued downstream tungsten smelter arrived home in order to buy and slightly compromise; ② mine tight funds eased, mining offer strong, almost bottoming out at the moment ore prices do not actively take the goods; ③ downstream APT smelters and other small household materials inventory, procurement Scheelite willingness to increase efforts to reduce pressure on the ore price.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Commerce Department yesterday issued a list of "2015 tungsten, antimony, silver, indium, tin" and quotas and export enterprises. Reporters noted that the Ministry of Commerce in 2015 to cancel tungsten, molybdenum export quotas on the basis of molybdenum also abolished export qualification management.

In this rare quota indicators, antimony, silver, indium export quota of 70% of the total annual quota, tin export quota of 61% of the total annual quota.

Tungsten market: Year approaching, market liquidity tight, tungsten smelter home production enthusiasm is low, more money in the chase, foreign offer basically unchanged from last week, but the turnover or slightly Yindie, and turnover is rare. Ferrotungsten overseas market is still oversupply, overseas tungsten iron prices are lower pressure. It is understood, APT market has now 125,000 / ton low inquiry, the mainstream market quotations have fallen below 130,000, is expected to continue light of recent market transactions or prices Yindie.

Molybdenum market: new environmental laws will be formally implemented, steel and metallurgy industry is facing rising costs, processing costs in molybdenum occasion serious upside down, investors worried about sentiment, is expected to stop production of primary molybdenum tide or surge in the next year, when the market is expected to improve.



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Close of the year, tungsten smelter home more money in the chase, return of capital, low enthusiasm for production, the downstream demand continues to slump, tungsten difficult to take the goods, and the transaction price relative to last week slightly lower. It is understood, APT market has now 125,000 / ton low inquiry, the mainstream market quotations have fallen below the danger mark of 130,000.

It is said: Pan-Asian or next 10 days to pay the money to the APT supplier, January pan-Asian funds or improved market sentiment led to the recent doctrinal, businesses, etc. on the 10th and then make specific decisions, recent market deal or continuous light, the price Yindie.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: although tungsten ore prices continued to run low, but reluctant to sell goods holders sentiment strong, shipments will reduce 60 degrees wolframite or maintenance of stability in the 7.6-7.9 yuan / ton range. Although the majority of domestic tungsten iron smelter shutdown home and export less, tungsten, iron overseas market is still oversupply, overseas tungsten iron prices are lower pressure. Expected to hold stocks since shipments will lower, and the high cost of production support, price or temporarily stabilized.

12 months late ferrotungsten overseas market demand continues to slump, but the stock is relatively abundant, although Chinese domestic tungsten iron smelter at home most of the cut-off, less exports, overseas market is still oversupply tungsten iron, tungsten, iron overseas prices are lower pressure, and the inquiry is a small market volume and the market price has been reduced.

With Christmas approaching, the European financial markets were closed two days last week and a half, the London Metal Exchange, December 24 日 (On Wednesday) trading for a long time (local time 12:30 / 20:30 GMT closing), 25 and 26 closed , 27 and 28 are closed on weekends, during the metal Bulletin MB English and European strategic pause small metal quotations are sent.


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Although tungsten ore prices continued to run low, but reluctant to sell goods holders sentiment strong, shipments will reduce, for two main reasons: ① With the weather starting to turn cold, and some high elevation snow covering the mine has been low, Jiangxi, Hunan and other winter also increased the difficulty of mining, mine stopped mining increased; ② some of mine get some financial support, not this lack of funds, at the moment ore prices almost bottomed out, sell low willingness of foreign offer more strong; ③ Scheelite trade the hands of the stock more inventory is high, thanks to the current shipment of this, businesses that bank lending in January or eased, or will ease the financial pressure, then attempt to revitalize the then capital, reduce losses, and therefore traders to ship by the end of December willingness low.

Analysis is expected to: shipments will hold stocks because low, and the high cost of production of tungsten ore support, tungsten concentrate prices or temporarily stabilized.


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: the weather turns cold, mine discontinued increase, coupled with the introduction of some new capital investment in the mine, they will not lack of funds, so in the moment ore prices almost bottomed out, reluctant to sell mine darker emotions, and offer more strong, buyers and sellers on the prices continued stalemate, the overall stock market volume was light, because the materials tungsten concentrate prices continue to decline, the market outlook is uncertain, so the tungsten scrap traders cautious, low market activity, watching the atmosphere rich. Ore price or expected short-term stabilization.

Molybdenum market: New Year's Day approaching, market participants are mostly uninterested, some just need to repeatedly postpone buying, etc. For the next week and then determine whether to cover short positions, showing that the market fears darker. Short-term market is expected to remain stable temporarily sidelines pattern.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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