The grocers of Tungsten concentrate are reluctant to sell out, and the purchasers force prices down so that the sellers and buyers are in a stalemate, there is less and less dealing and demand, market participants don't have good expectations to the market of tungsten. Although the price of raw materials of tungsten concentrate has declined in a recent, the price of tungsten concentrate is still low basically, but has the possibility of rising. it is expected that the market will be weak in the short term.

The market of Tungsten steel is relatively strong. the price excluding tax of waste tungsten drill is about 189-190 yuan/kg, and waste tungsten blades is 168.5-170 yuan/kg in the domestic,  import waste tungsten blades and waste wire drawing is still between 178-180 yuan/kg, which means the market is still stable. Recently, the market of waste tungsten steel have a certain demand, and the merchants believe that the price of it will not fall in the short term. 

Waste tungsten material prices is slightly weak. The price of grinding material W in 30 to 40 degrees is 1.45 1.5 yuan/degree, and the price of 50-70 degree is from 1.55 yuan/degree to 1.65 yuan/degrees, and over 70 degrees is from 1.65 to 1.71 yuan/degree, which means that the market of it is still stable. the market of Tungsten concentrate stop falling. But the businessmen's attitude is negtative at the end of this month, combined with the fund pressure is increasing, the price is still falling next week, and the market will be stable in the short term. 

The mainstream market of para-ammonium tungstate is in the stability, but the difference among businessmen's quotation from 160000/ton to 164000/ton is big, the dealing focused on low-cost resources. Waste tungsten market is slightly strong, downstream demand and supply of goods is less, the overall volume is not much, and short-term tungsten stock market is in the stability.

Macro aspect, ownership reform will become a focus in the second half of the economy. Solid cast down 7% in the first half for the iron and steel, In August the eurozone manufacturing PMI initial value is 50.8, a new low for 13 months.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
 

Tungsten market: Tungsten prices stabilize, but were still less in late August, the seller and the buyer more wait-and-see attitude, waiting for the golden nine is late, tungsten business or to expand the network of relationships, find potential customers. Tungsten steel scrap market there is a certain demand support, so the business mentality is relatively strong, short-term may fall. Expected short-term domestic tungsten city operation of temporary stability.

Domestic tungsten trading atmosphere cold, still weak tungsten chemical market stability, other varieties mainstream temporary stabilize, businesses have adopted a wait-and-see attitude for gold nine pro. Overseas ferrotungsten prices continue to fall, the downstream demand downturn has not changed, expected short-term domestic tungsten city operation of temporary stability.

The macroscopic aspect, China signed 26 documents including the railway transit transport; HSBC PMI hit a 3 month low, approximation and line; the international price of gold fell below $1300 an ounce, fell to a two month low.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

China's tungsten carbide powder material cutting tools for high wear resistance and hardness, processing can achieve the best benefit and can apply to middle and low load or precision requirements of the cutting tool, and the proportion of cutting tools is in increasing on the market. Although the tungsten carbide powder material tool is heyday in the market, research and development of the cutting tool systematic is not perfect, however, remains to be improved, and the development of more comprehensive tungsten carbide powder material cutting tools.

In today's tool market, in terms of substrate materials, mostly uses the performance of high quality tungsten carbide powder material, its composition corresponding brand in the domestic companies are basically the same, such as hardness, density, regular performance reports also almost the same. But the actual use of performance feedback good and bad are intermingled, visible on the tungsten carbide powder material cutting tool systemic research and development is not perfect, in order to break the "mixed", need to systematic research and development of cutting tool. The good control each production link, be sure to do layers, interlocking, to guide the actual production, to ensure the stability of the product.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten market: demand continues tungsten City did not improve, businesses wait and see attitude thick, tungsten iron market was still down started, smelters home offer more temporary foreign unchanged, scrap tungsten materials market is difficult to strong business mentality is still weak, there is once again sold fell possible. Intense competition for a controlling stake in the two companies, the city has not yet taken action on tungsten, cautious market participants generally operate turnover stabilized, but the short-term outlook is still looking weak.