Tungsten market: Tungsten City needs more sluggish market sentiment strong bearish, tungsten ore market demand continues to decrease, the year is approaching most businesses money tight, spot transactions difficult, prudent operation of the market. Ferrotungsten shelf increasing as the year draws near the downstream demand continues to slump, leading to lower prices ferrotungsten. Purchaser funding constraints, will purchase low and continue to suppress the inquiry, mostly interval low turnover, high post-market material or decreased.

Tungsten ore market demand continues to decrease, the cash transaction difficulties, wealthy businessmen have ownership of tungsten, and then most of the year is approaching businesses money tight, cautious overall market operations. Short-term or continuous tungsten market is expected to run weaker.

Current demand continues to decline, supply exceeds demand, supply and demand become more prominent, dominant buyer, and continue to suppress the inquiry, to see a small amount of purchase price, resulting in market transactions continue Yindie spot mostly low cash deal. Hold stocks inventory and more high, and the current price is already very close to mainstream tungsten mine production costs, tungsten ore traders dilemma facing upside down, mine is about to challenge the cost line, holding cargo shipments will lower, but the difficult part of the forced funding The small amount of cash to take the goods.


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This week overall ferrotungsten market demand is low, as Jiang W, Hunan, a large national ranking of these two big manufacturers resume production, increasing tungsten iron shelf, and then as the year draws near the downstream demand continues to slump, leading ferrotungsten prices continue to decline. It is understood that 70 tungsten furnace iron production concentrated in the acceptance offer 160,000 yuan / ton, the actual turnover of less than 160,000 yuan / ton; extrajudicial 70 Tungsten iron furnace mainstream tax turnover has dropped to 150,000 yuan / ton .

According to incomplete statistics, tungsten, iron production this year is expected to be around 4,000 tons, down 410 tons of existing inventory. 2014 W iron smelters mostly home-to-order, not the order to suspend break, a small amount of inventory control.


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Tungsten market: despite the wishes of mines and traders sell cheap tungsten concentrate low, very conscious of the price, but with the new year approaching, the downstream tungsten smelters to reduce raw material procurement, tungsten ore spot price traded stalemate and overcast fall. Tungsten powder market turnover is very light, less demand on the one hand, it is the end of the downstream manufacturers to reduce the procurement of raw materials; on the other hand by the end of poor payment methods, APT, tungsten carbide and other smelters have to reduce their output this month, will ship low acceptance, to produce pre-orders, the market may be vulnerable stability maintenance.

Scheelite market demand this week, closing double low, market prices Yindie. Downstream tungsten tungsten smelter products unsalable serious thinly traded stock, leading manufacturers continue to suppress the inquiry tungsten tungsten ore, tungsten ore spot price and the deal stalemate Yindie. It is understood that 60-degree Scheelite concentrate 80,000 yuan traded / ton, then the research learned tungsten concentrate production costs are 75,000 yuan / ton (not including resource tax, freight and other late fees), tungsten fine ore price has been a serious challenge to the cost line, resulting in tungsten ore cargo operators reluctant to sell sentiment strong, if not eager to need money, not shipped, and be sure to cash transactions.

It is understood that 60-degree wolframite concentrate on the mainstream market price of 80,000 yuan / ton, excluding tax price concentrated around 1.05 yuan / kWh. Scheelite is expected to post an offer or continue to fall, closer to the actual transaction. It is understood that Shizhuyuan 1-10 months total amount equivalent to 4493 tons of tungsten concentrate shipped.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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This week the market traded very light powder, tungsten carbide particles native mainstream tax turnover 220 yuan / kg or so, but the cash transaction price 218 yuan / kg appear cheap. Expected short-term price of tungsten powder or hovering at 220 yuan / kg in the vicinity, the market may be vulnerable stability maintenance.

It is understood that, on the one hand powder less market demand, the downstream end of the alloy manufacturers is to reduce the procurement of raw materials; on the other hand by the end of poor payment methods, APT, tungsten carbide and other smelters month are compressed output, low acceptance ship willingness to produce pre-orders based.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: tungsten ore prices continue to be suppressed, the market is very tight liquidity, lower cash transaction price, then the downstream smelters home by sluggish demand and lack of funds the dual constraints, weaker demand for raw materials tungsten concentrate, due to raw material and capital market downturn tension, APT manufacturers operating actively reduced, or difficult trading conditions are expected to improve APT, still lower price possible. Tungsten ore spot thinly traded, some hold stocks even suspend foreign quote, resulting in the price of tungsten ore market is relatively chaotic, post-market remained weaker material.

Tungsten ore prices continue to be suppressed, 60 wolframite concentrate on mainstream offer 80,000 yuan / ton, the market is very tight liquidity, lower cash transaction price. However, downstream smelters home by sluggish demand and lack of funds the dual constraints, weaker demand for raw materials tungsten concentrate, tungsten ore spot thinly traded.

With the end of the year approaching, the weather cools, tungsten ore mining and smelter gradually discontinued holiday plans, and the current market continued to decline, the operating rate at the end of this year will be lower than in the past, tungsten ore shipments will hold stocks or less, If not faced with financial difficulties, will not be sold to ease the financial strain problems.

Although the purchaser continues to suppress the inquiry, but tungsten ore cargo hold very conscious of price, offer relatively strong, and some even hold stocks pause outside offer, resulting in the price of tungsten ore market is relatively chaotic, greater level of spread, 60-degree black tungsten concentrate market is 83,000 yuan / ton offer, there are 78,000 yuan / ton lower inquiry, or even lower.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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It is understood that the downstream powder, alloy manufacturers with the New Year approaching, the degree of financial tensions, less demand for APT, APT stock turnover less; at the same time a lot of money to be home APT smelter Pan Asia trap, liquidity is also tight, manufacturers acceptance shipments will not high, sharply lower cash price then, 137,000 yuan / ton low-cost market has emerged.

As the raw material market downturn and financial constraints, APT market running low, manufacturers operating actively reduced: on the one hand do not want to take up funds for reserves of raw materials, on the other hand now market downturn, lower prices, factory production control, do not want low-priced goods to go not old customers are required to purchase a small amount of cash to be. APT is expected in the short term or difficult trading conditions improve, the possibility still lower price.


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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