Tungsten scrap market is relatively stable this week, the overall stock market volume was light, as raw material prices continue to decline Scheelite, market outlook uncertain, so tungsten scrap traders cautious, low market activity, watching the atmosphere rich. Grinding waste material, adequate market supply pure tungsten scrap merchant shipping will increase, but difficult to take the goods, lower prices. It is understood that more than 70 degrees scrap tungsten grinding material is only 1.35 yuan / kWh, and the actual transaction continue to be down, grinding tungsten scrap material market did not demand more low, almost no quotes.

Waste tungsten blades, drill bits and other scrap tungsten tungsten steel scrap market, large cargo hold stocks not reluctant to sell, resulting in little spot market liquidity supply, coupled with lower Carbide factory there is a certain demand for scrap tungsten blades and other market prices fair. It is understood, waste and scrap tungsten, tungsten drill blade import prices similar to the mainstream market price of 155-160 yuan / kg, scrap tungsten blade domestic market price of 147-150 yuan / kg.


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"Speed up transformation and upgrading, construction happiness Guangdong need to further strengthen geological work closely around this core mission, geological work has much to offer." Recently in Guangdong geological work meeting, Vice Governor of Guangdong Province, the province's forest raw affirmed geological work in the service Guangdong's economic and social development in four implementations (ie, achieve new breakthroughs in geological prospecting, geological work to achieve new development, engineering geology and achieve new development, the geological survey team building to achieve new weather) made remarkable achievements, and emphasized this view.

Tungsten market: tungsten prices continue to decline, the market demand continues to weaken, tungsten smelter home will reduce foreign quote, market turnover is very light, tungsten ore prices temporarily stabilized, but tungsten powder products continue exploratory interval low or dropping. Raw materials such as sodium tungstate downstream market downturn, with the end of the season, downstream manufacturers increased maintenance shutdown in advance, so that the needs of the poor of sodium tungstate on market demand less and less demand for tungsten steel recent iron smelter walking home goods difficulties ferrotungsten thinly traded market, the price is relatively confusion.

Ferrotungsten market volume was light, and the price is relatively confusion: First electric furnace production of ferro-tungsten base 70 is a mainstream product, the price is relatively stabilized; secondly, because tungsten iron prices remain low, some manufacturers will ship is not high, compared with foreign quote high. It is understood that 70-based electric furnace production of ferro-tungsten prices are relatively strong, the mainstream price 15-15.6 yuan / ton; 80c ferrotungsten price concentrated in 145,000 yuan / ton, 80A concentrated mainstream price of 16 yuan / ton down.

Recent mills ferrotungsten less demand for home goods smelter difficulties, mainly to maintain the long-term orders, a small amount of the transaction, intense competition manufacturers, offer lower profit margins continue to compress, short-term demand is expected to increase in difficulty. Export markets: China November exports 40 tons of tungsten iron, up 3.5 tons over the same period last year rose 10.4 times, the chain fell 33.3% in October than 60 tons.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Raw materials such as sodium tungstate downstream market downturn, with the end of the season, ahead of shutdowns downstream manufacturers increased, making the difference on the demand of the market demand less of sodium tungstate, sodium tungstate, manufacturers were forced to cut offer, 96% of the current manufacturers quotations are mostly concentrated in 10.5-10.8 yuan / ton, but the actual turnover has dropped to 105,000 yuan / ton, the expected post-market price is still low down dangerous.

This week most of the APT smelter family continued to produce, and as demand continues to slump and inventory sufficient, in the absence of support for the acquisition of Pan Asia, the recent weeks of APT prices fell powerful, concentrated in the mainstream market quotations 13.3-13.8 yuan / ton and a small amount of the low turnover of more concentrated in the interval, the interval fell lower still tentative, today has now 132,000 yuan / ton lower offer.

Due to the current ore price has dropped nearly "bottom", in January 2015 the bank or mortgage may relax, tungsten ore cargo operators or even more reluctant to sell, so in late December APT smelter home on raw Inquiry increased, and the number of low Inquiry , but the actual volume was light, buyers and sellers on price stalemate.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: downstream demand is low, sufficient stock market, smelters family wants an ideal price of shipping difficulties. Tungsten concentrate prices continued to fall, the current price has dropped to the cost line edge, holding cargo shipments will lower ore prices gradually stabilized stabilized this week, only minor adjustments. Currently 60 degrees wolframite inquiry at 77,000 yuan / ton, 60 degrees scheelite inquiry has been pressurized to 75,000 yuan / ton.

Tungsten ore downstream demand is low, the smelter family wants an ideal price of shipping difficulties. However, sufficient stock market, and many high-priced stocks, funds hold stocks were set, could not move. Recent tungsten concentrate prices continue to decline, the current ore price has dropped to the cost line edge, holding cargo shipments will lower ore prices gradually stabilized stabilized this week, only minor adjustments, week 60 degrees tungsten concentrate or focus on the 7.5 -7.8 yuan / ton.

Into late December, smelter return home more money, cash flow can be used to buy raw materials tungsten ore is very limited, constant pressure tungsten ore inquiry. It is understood that 60-degree wolframite inquiry at 77,000 yuan / ton, 60 degrees scheelite inquiry has been pressurized to 75,000 yuan / ton. However, cargo operators expect prices or improved in January, and the mine has been in limited low price declines late, holding the goods until after the market outlook, the operation is not active, two days tungsten ore spot transaction is minimal.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Downstream demand is low, sufficient stock market, tungsten concentrate prices continued to fall, the current price has dropped to the cost line edge, holding cargo shipments will lower ore prices gradually stabilized stabilized this week, 60 tungsten concentrate or focus on the 7.5 -7.8 yuan / ton.

Macro level, the good situation in agriculture and rural areas this year Supporter new normal; New York Stock Exchange, the Dow exceeded 18,000 points for the first time in the history of an important juncture; US third quarter GDP growth of 5%, the highest in 11 years the best record.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Tungsten prices have been declining, demand continues to slump, tungsten-based products difficult to take the goods, regardless of supplier or procurement operations enthusiasm are low, tungsten smelter home outside offer low motivation, mostly with single main talks, tungsten powder market demand does not improve, manufacturers signed a single new difficulties, sluggish sales, now more oriented to maintain long-term customers, and the factory price very strong sense of tungsten market is expected this week or weak stability maintenance.

Tungsten prices have been declining, demand continues to slump, tungsten-based products difficult to take the goods, regardless of supplier or procurement operations enthusiasm are low, tungsten smelter home willingness of foreign quote low, mostly with single main talks. Tungsten is expected this week or relatively weak market stabilization, quote or stabilize the main raw material of tungsten concentrate, powder products on the market APT, tungsten carbide and other high quote or reduce that range high or lower.

It is understood that 60-degree wolframite concentrate on the mainstream market price of 7.6-7.8 yuan / ton, 60 degrees scheelite have 75,000 yuan / ton lower quote. Because the market price of financial constraints and the mine is almost no profit, so tungsten ore cargo operators reluctant to sell sentiment concentrated, only a small amount of cash must be sold; downstream tungsten smelter at home but also because of sluggish sales and procurement of raw materials are not enthusiastic, bargain buy the right amount in, price range and more approaching low. November 2014 tungsten concentrate production was 13,959.85 tons (equivalent to 65% tungsten trioxide), down 6% qoq; January-November cumulative production 25,945.69 tons.


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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