Scheelite Transaction Price Rose Slightly,Holding the Goods Still Reluctant to Sell

 
 

Despite a slight rise in the actual transaction price of tungsten concentrate, but hold stocks still reluctant to sell, but no improvement in downstream demand, turnover remained a stalemate between buyers and sellers, the market traded subdued, expected short-term price of tungsten concentrate transaction 10.5-10.8 ten thousand yuan hovering between / ton.

Macro level, HSBC said in the coming months China will introduce more targeted easing measures; held around the railway construction will promote intensive, railway construction reached a climax; possibility that many agencies predicted drop quasi-central bank is unlikely.


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Slightly Higher Transaction Price of Tungsten Concentrate,Molybdenum Concentrate Businesses Hold Stocks Sidelines

 
 

Word Roundup: Scheelite tungsten market despite a slight rise in the actual transaction cargo operators reluctant to sell it because shill and domestic downstream demand has not changed, the parties remained deadlocked transaction is expected this week or mainstream transaction price of tungsten concentrate concentrated in 10.5 -10.8 yuan / ton; molybdenum market currently no abnormal fluctuations in the venue, wait hold stocks of molybdenum businesses reluctant to sell cheap.

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May 27, 2014 paratungstate market

At present , the domestic market trend today paratungstate basically stable , businesses reluctant to sell , purchase negative . Paratungstate mainstream market quotations concentrated in 16.4-16.7 yuan / ton , the actual transaction at 16.3-16.7 yuan / ton, essentially flat with last weekend . Downstream demand remained weak , although small businesses paratungstate stock , but shipping is not smooth , few new orders .


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May 27, 2014 tungsten concentrate market

Tungsten ore business caution , some businesses a temporary fence retreat, little change in the actual transaction . Some businesses see the opportunity to buy and sell small amounts make the difference . Traders continue to be in trouble, cargo operators reluctant to sell to raise prices , difficulty getting goods , the downstream demand remained weak , procurement and purchase of lower prices still below normal.

Tungsten concentrate on the market for more than 50 degrees 10.3-10.5 yuan / ton, 60 -degree Scheelite 106,000 yuan / ton. Judgment based on currently have bottomed out , a slight increase miner tentative offer, but the buyers to accept low level of inquiry is still low , it is difficult to reach agreement , less the actual volume .


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Dayu County, Jiangxi Tungsten industrial transformation and upgrading of primary positive

Recently, Dayu Mingfa mining city back into the park technology projects , traditional and non-ferrous metal processing industry tungsten is an important support Dayu County economic development in recent years, the county through technological innovation, product upgrades and recycling industry chain , promote traditional industries increased "high " to " green " , full of new life.

Leveraging technological innovation and scientific and technological innovation , accelerate the pace of Dayu County tungsten and non-ferrous metal processing industry to upgrade . The county last year issued a special "Implementation Opinions on Promoting the technological transformation of enterprises to promote industrial restructuring and development of " technological transformation of enterprises to establish a long-term mechanism . In recent years , the county Weiliang Tungsten , Mingfa mining, Jincheng traditional tungsten and tungsten industry, non-ferrous metal processing enterprises through the park to relocate , on a number of new technology projects . For these companies, not just the geographic relocation of admission transformation, because the use of better equipment , more advanced technology , enterprise development space is also growing.

Zhuchaoyinfeng come Dayu County actively build provincial tungsten and non-ferrous metal processing base for traditional and non-ferrous metal industry transformation tungsten inject "living water ." Looking at the big projects and high-end enterprise , the county seize the "Opinions " issued favorable policies around the tungsten and non-ferrous metal processing industry chain investment, promote industrial agglomeration . Just two years , the dragon has been something of tungsten industry, the Water Dragon Group , Industry and Trade and a number of firefly billion yuan investment in tungsten and non-ferrous metal processing companies settled. The company's advanced production technology , and several companies are committed to producing high-performance carbide, tungsten and heat shock specialty coated tools of high value-added products .

Dayu County also vigorously develop the circular economy , promote the traditional tungsten and non-ferrous metal processing industry change " green ." Currently, the county has a new materials company Morimoto silver waste recycling, waste Donghong use tungsten tin products company , Tin Shing new material recycling company bismuth multiple projects in line with the policy of comprehensive utilization of resources , the initial formation of tungsten and non-ferrous metal processing industry the "Mining - primaries - deep processing - waste recycling ," the combined cycle industrial system.


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Ganzhou Rare Earth Industry approved the preparation of tungsten with well-known brands demonstration area

Learned from Ganzhou Exit Inspection and Quarantine , AQSIQ recently on the Ganzhou Development Zone "national brands to create demonstration zone" application be approved, the approval of Ganzhou Development Zone to build "national rare earth permanent and well-known tungsten powder processing industry branding demonstration zone " , which is only approved in Jiangxi Province in 2014 to build a " national brands to create a demonstration area . "

In recent years, Ganzhou Development Zone attaches great importance to brand development , creation and echelon construction work, as the city of tungsten and rare earth deep processing industrial base , Ganzhou Ganzhou Development Zone Economic Development focus on core growth pole position, seize Gan South Sioux district revitalization and development of strategic opportunities , planning and construction of the tungsten and rare earth industrial park , the initial formation of carbide, NdFeB magnetic materials , phosphors, permanent magnet motor industry . 2013 , the district and its application of rare earth and tungsten industry realized main business income Pobai billion, ten billion yuan into the ranks of industrial clusters .


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He Modeng British restart to restart the local mining tungsten ore project

Devon in southwest England He Modeng mining project recently caused no small concern is that this is one of the reasons to re-enable the UK for 45 years in the local 's first mines. But more importantly , this will produce tungsten ore resources. This is the kind of activity for many industrial production are essential elements, and rare earth resources and the same, it is also subject to the Chinese .

Relevant information, strong hardness of tungsten , heavy weight , high melting point, is mainly used in the manufacture of cutting tools, high-strength steel and armor-piercing ammunition and rocket nose cone of such weaponry. In the first and during World War II , the British Army used tungsten mainly from He Modeng on mine , but that was due to the British government decided to gradually shut down most of the local mines, this mine also will be closed .

It is understood that He Modeng tungsten ore project is called based on the rich wolframite ore of tungsten element . A number of large mining companies have on the re-development of this project showed great interest , but most are eventually failed, including the once famous mining companies outside of the United States Amaks companies.

Currently, the owner of the project is the Australian mining company Wolf . The company in late 2007 bought the He Modeng mine, but soon the whole industry into the next few years on the market downturn . Due to unfavorable timing , coupled with the majority of the last 30 years of British mines have been ordered to shut down , almost no one that the British government would approve the re- opening of new mines in the country , as well as outsiders do not understand the importance of tungsten ore and underestimated the project attracting investment has been facing many challenges.

Fortunately, two years ago , the British Geological Prospecting Institute for Supply risk level assessment highlights the importance of tungsten tungsten , in the case of the highest risk level 10 , the Institute of tungsten score of 9.5 , with rare the same level of risk , because the production and consumption of these two resources have been dominated China , China may decide to supply to other countries. After evaluation, the British government also recently decided to mine clemency , further contributed to the further development of the project.

After the general meeting , the project obstacles should also clear away the money , the company will accelerate the mine is located in Plymouth and a tungsten products processing plant construction work. After the operation,He Modeng ore products will be divided into two parts tungsten concentrate and tin concentrate , while the former will be sold to manufacturers of high-strength tool company .

The industry believes that , from an economic point of view ,He Modeng mine will bring very profitable . Value of one ton of tungsten at about $ 36,000 , Wolf and other manufacturers sell tungsten minerals are measured in metric tons of degrees , the current price is around $ 360 , about $ 110 per metric ton cost of 3 degrees times . But Wolf Company's ability to make other big companies over the years did not make things , it depends on the success of the project was completed , as well as its first production in the relevant concentrates on schedule next year.


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Waste Tungsten Can Still Be Traded,Individual Price Increase

 
 

Tungsten scrap prices continue to hold steady. Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 185-188 yuan / kg, imported scrap tungsten blade 176-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 178-181 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.75-1.8 yuan / kWh; 50% <W <70% ,1.65-1 .75 yuan / kWh; 30% <W <50% ,1.45-1 .55 yuan / kWh, steady .

In the mining and cargo operators reluctant to sell emotional support, tungsten ore quotations finally have swarmed, but gains are not obvious. Mainstream tungsten scrap prices continued maintenance of stability, the height of the blade and scrap tungsten material transactions performed relatively well, driven by the ore price rise, some businesses offer has raised the signs of domestic waste tungsten blade appears 172-173 yuan / kg offer. Tungsten scrap market is expected to more than the short-term transient stability sidelines.


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Dayu County Accelerate Industrial Restructuring And Upgrading of Tungsten And Non-Ferrous Mmetals

 
 

Recently, I came to the big city back I Mingfa mining technology projects into the garden , I saw workers are methodically installation and commissioning of equipment. The project leader told the author , the main project has been completed , is expected in July of this year can be put into trial production , when the company production processes and value-added products will be increased dramatically. Traditional and non-ferrous metal processing industry tungsten is an important support Dayu County economic development in recent years, the county through technological innovation, product upgrades and recycling industry chain , to promote traditional industries increased "high " to " green " , full of new life.

Leveraging technological innovation and scientific and technological innovation , accelerate the pace of Dayu County tungsten and non-ferrous metal processing industry to upgrade . The county last year issued a special "Implementation Opinions on Promoting the technological transformation of enterprises to promote industrial restructuring and development of " technological transformation of enterprises to establish a long-term mechanism . In recent years , the county Weiliang Tungsten , Mingfa mining, Jincheng traditional tungsten and tungsten industry, non-ferrous metal processing enterprises through the park to relocate , on a number of new technology projects . For these companies, not just the geographic relocation of admission transformation, because the use of better equipment , more advanced technology , enterprise development space is also growing.

Zhuchaoyinfeng come Dayu County actively build provincial tungsten and non-ferrous metal processing base for traditional and non-ferrous metal industry transformation tungsten inject "living water ." Looking at the big projects and high-end enterprise , the county seize the "Opinions " issued favorable policies around the tungsten and non-ferrous metal processing industry chain investment, promote industrial agglomeration . Just two years , the dragon has been something of tungsten industry, the Water Dragon Group , Industry and Trade and a number of firefly billion yuan investment in tungsten and non-ferrous metal processing companies settled. The company's advanced production technology , and several companies are committed to producing high-performance carbide, tungsten and heat shock specialty coated tools of high value-added products .

Dayu County also vigorously develop the circular economy , promote the traditional tungsten and non-ferrous metal processing industry change " green ." Currently, the county has a new materials company Morimoto silver waste recycling, waste Donghong use tungsten tin products company , Tin Shing new material recycling company bismuth multiple projects in line with the policy of comprehensive utilization of resources , the initial formation of tungsten and non-ferrous metal processing industry the "Mining - primaries - deep processing - waste recycling ," the combined cycle industrial system.


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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ST Tungsten:Tungsten Concentrate Prices Will Drag Performance

 
 

Tungsten high-tech (000657)  Yuehua Wen general manager pointed out that the rapid decline of tungsten concentrate adversely affect performance of the company would.

Tungsten concentrate prices have remained relatively stable most conducive to the company's normal operations. If kept at 105,000 yuan per ton tungsten concentrates performance of the company will remain in the normal range.


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