Tungsten smelter survival pressure, enthusiasm is not high

National small holiday just ended, the entire tungsten market is little turnover, continued weak demand, APT, tungsten, iron, tungsten products manufacturers low profits, lack of confidence, foreign offer is not active, this price will undoubtedly generate a certain degree of support, most of this week, more than the price of tungsten products temporarily disadvantaged stability maintenance.

It is understood, APT plant shutdown increase, APT increased pressure on manufacturers to survive, currently concentrated in the 15.6-5.7 APT cash offer yuan / ton, sodium tungstate concentrated in cash 123,000 yuan / ton, the market volume was light. The reasons are: First, less downstream Carbide procurement requirements; Second, the government even more in-depth environmental rectification, manufacturers were forced to stop production; Third, some small manufacturers cash flow difficulties; fourth major tungsten enterprises and institutions early October has just been published all guided lower, inadequate business confidence.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten scrap prices decline gradually slowing, the weak pattern changed

Currently tungsten scrap market decline has slowed, but the tungsten concentrate and tungsten chemical products still in the down channel, the overall weak pattern has not changed. Tungsten market low-cost resources currently spent more businesses continue to cut prices will weaken, so the market temporarily stabilized, but in view of part of the business for the second half of tungsten City market are not high hopes, so scrap tungsten recent market or difficult to improve.

Tungsten steel scrap market stabilized temporarily stabilized. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-187 yuan / kg, imported scrap tungsten blade 173-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 178-179 yuan / kg waste pure tungsten blocks 203-213 yuan / kg. Height scrap tungsten materials 1.68 yuan / kWh, low material about 1.49 yuan / kWh.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Overall confidence in the tungsten City frustrated, short-term market vulnerable to run

Tungsten market: River tungsten, tungsten Association October Ganzhou Scheelite offer down again, resulting in an overall confidence tungsten City once again frustrated, tungsten ore prices are dropped 102,000 yuan / ton, then the price is still higher than the actual transaction price market once again hit the market this on low confidence, almost two days there was no transaction, the merchant does not hold for the second half of tungsten City expectations, recently spent more than tungsten market downtrend will remain slow, weak short-term market is expected to run.

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Tungsten offer collective decline, the market once again frustrated

Yesterday afternoon, the river tungsten, tungsten Association Ganzhou, China Minmetals have been put quotation October, the three 65-grade wolframite offer all fell to 102,000 yuan / ton, despite the decline vary, which again would give this depressed strike a heavy blow to the market, business confidence fell to a low of late 2014 tungsten City does not hold expectations.

102,000 yuan / ton, the offer is still higher than the current actual market price, it is understood the vicinity of the current 60-grade wolframite transaction price is slightly lower 100,000 yuan / ton, 55-60 grade scheelite concentrate prices in 9.6-9.7 yuan / ton, and the price the market still did not demand, two days almost no turnover.


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Tungsten scrap material prices fell slightly, the business mentality in the doldrums

Yesterday, Minmetals, tungsten Society, guided further reduced, resulting in an overall confidence tungsten City once again frustrated, some businesses that do not hold for the second half of the market has been expecting, the recent scrap tungsten market is expected to remain slow and more downtrend. Tungsten scrap material prices fell slightly. Low-grade material than before the holiday fell about 0.01 yuan / kWh, the height of the material fell 0.02 yuan / kWh.

Tungsten steel scrap prices continue to fall. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-187 yuan / kg, imported scrap tungsten blade 173-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 178-179 yuan / kg waste pure tungsten blocks 203-213 yuan / kg, down 1-3 yuan. Relatively slow decline in Hebei, Jiangsu and Zhejiang provinces but growing low-cost resources, or have a larger business mentality in the doldrums, converting short-term market vulnerable to reverse.

Overseas tungsten City mixed. On the 8th evening MB Rotterdam ferrotungsten offer 38.5-39.2 U.S. dollars / kg tungsten, down $ 0.85-1.3. Paratungstate European offer 340-360 U.S. dollars / metric ton, steady. Hong Kong offer $ 358-370 / t degrees, exploration $ 3 on low. Overseas demand for slow release, but did not improve the overall turnover and, therefore difficult to stabilize the market operation, expected short-term overseas tungsten Costco will continue to narrow adjustment.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten City or continue to decline, but the decline will be narrowed

Tungsten market: Today is the first day after a small holiday, tungsten market as a whole with little turnover, the market demand continues to slump, October Scheelite oversupply phenomenon converting a significant improvement in downstream tungsten iron, APT and other smelter enthusiasm for production or still low, but financial constraints in the market and higher raw material costs of support, the manufacturers very price will is strong, it is also a greater resistance to falling prices, is expected in October tungsten City or continue to decline, but the decline would have narrowed.

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Festival tungsten ore market with little turnover, there are downside risks on October guided

Because eleven holiday impact Minmetals and guided ITIA are delayed announcement led to wait and see mood strong tungsten City, merchants offer and procurement are not active. Expected or will be gradually introduced next two days, and the pricing of risk still dropping in October. It is understood that, today, the latest hair ore prices slightly lower compared to before the holiday, 60-grade scheelite prices have fallen near 1.3 yuan / kWh.

Today is the first day after a small holiday, tungsten market as a whole with little turnover, the market demand continues to slump, APT, tungsten powder manufacturers lack of confidence, not very actively offer this week, the price of tungsten or weak stability maintenance.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten scrap prices continue to decline, the mainstream waste remains steady

October ore prices may fall or still, scrap market hardly immune to recommend low-cost goods and more businesses may be appropriate to take the goods. Waste tungsten material prices remain steady mainstream. W tungsten content of the waste material purchase price grinding 30-40 degrees concentrated in 1.4-1.45 yuan / kWh, 50-70 degrees concentrated in the 1.5-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.7 yuan / kWh. Some businesses offer a high degree of material is still slightly higher than 0.03 yuan / kWh. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 185-188 yuan / kg, domestic waste tungsten blade 164-167 yuan / kg, imported scrap tungsten blade 176-178 yuan / kg, down 1-2 yuan; waste wire drawing dies remained at 179-180 yuan / kg. In the overall weak market dragged down high tungsten steel scrap in Hebei offer further lowered price continues to move closer to the lower price. Expected the recent weak market stability.

Overseas tungsten market continues to fall. 3 evening MB Rotterdam ferrotungsten offer $ 39.35-40.5 / kg tungsten, down about $ 0.6. Paratungstate Europe offer 340-360 U.S. dollars / ton degrees, low, dropping $ 5. Hong Kong offer remains at $ 355-370 / t degrees. Renewed weakening overseas demand, the market mentality malaise, trading atmosphere cooling, expected short-term overseas tungsten City difficult to improve.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Cold freshmen on rare earth tungsten key enterprises in the forum stressed the ability to foster innovation

September 29 afternoon, the city government held part of the key enterprises of rare earth tungsten forum, Mayor cold freshmen attended the meeting. He stressed that all localities and departments should focus on rare earth tungsten industry strive main business income of over one hundred billion yuan this goal, enhance service awareness, innovative services, and guide enterprises to cultivate their ability to innovate, transform and upgrade traditional technologies, thus promoting the city's rare earths upgrading and transformation of tungsten industry. City leaders Guang-Hua Zhou, Liu Jianping attended the meeting.

Cold freshmen said that the current development of the city's rare earth tungsten industry entered a critical period, governments at all levels should take the initiative as an increase of rare earth tungsten helping enterprises, research and develop new policies to promote enterprise development and growth, a new approach to effectively solve business problems and difficulties in the production development. I hope the city's rare earth tungsten enterprises to seize the favorable opportunity for industrial restructuring, accelerate technological innovation, extend the industrial chain, to achieve low-cost expansion, as soon as the business bigger and stronger.

Cold newborn stressed that all relevant departments and units in the hold of the bottom line of environmental protection, we should vigorously the introduction of talent, the introduction of incentives, an incentive mechanism to effectively crack the corporate financing difficulties, expansion difficult, industrial restructuring and a series of difficult problems, effectively address the constraints of the city's rare earth tungsten industrial development bottlenecks.

At the forum, the city of Industry and Information Committee reported on the current head of the city's industrial development of rare earth tungsten, tungsten portion of the rare earth business representatives focused on their own development were carried out the report, the relevant counties (cities, districts), and directly under the relevant units to strengthen service, the implementation of the policy statement was made.

It is understood that this year, January to August, the city's rare earth industry realized main business income of 27.559 billion yuan, up 19.15 percent; tungsten industry realized main business income of 22.931 billion yuan, an increase of 10.5%.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten watching the market sentiment relatively strong, short-term market to stabilize the main

Tungsten market: the National Day holiday approaching, some businesses have returned, market transactions decreased motivation, quote adjustment underpowered. Tungsten steel scrap market transactions deserted, due to low prices more resources, the overall market remained weak. Minmetals and other institutions in turn guided announced in October, the current stock market is still at a high tungsten concentrate, while the downstream demand is stagnant oversupply obvious short-term market is expected to stabilize the main.

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