Low operating rate of the smelting ferrotungsten manufacturers, the market low yield. It is understood the large-scale smelting ferrotungsten manufacturers all suspend production for rectification, at present domestic still continue to produce less than 10 manufacturers home and cut production operation, such as a furnace and so on, the overall market low yield.

Despite the recent market for low yield, supply reduction, but this week for prices fell slightly. Downlink factors are: one is for the market demand remains in the doldrums, the market turnover less, more long-term orders cooperation; two is the stock market still call adequate, some traders who have a certain stock, weak demand, inventory consumption weakness; three is the raw material of the inquiry is not broken down, tungsten concentrate the purchase price fell. For the cost of production down.


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Tungsten market: tungsten, continued weakness in demand, sodium tungstate, ferrotungsten manufacturers still cut production, mostly, and recently resumed production is unlikely, business to the late August tungsten overall not optimistic, think that there is still risk down slightly. Waste tungsten market strong wait-and-see atmosphere, trading atmosphere deserted, the business mentality is poor, low-cost resources still more. Although “ the golden nine silvers ten ” coming, expected short-term waste tungsten market or remain vulnerable to run.

Tungsten terminal demand remains in the doldrums, the merchant does not hope for the late August tungsten, is generally believed that later will continue downward. Although some have a certain scale of APT smelting companies have increased enquiries tungsten concentrate, but are extremely low price, inquiry is now approaching the 100000 mark, shippers this willingness to sell low price. Because the goods dealer inventory cost is too high, the price to sell too many losses, shippers much wait for “ Kim Gu ” come, operating low enthusiasm.

According to the current understanding, 55 degrees in tungsten concentrate inquiry in 100000 yuan / near 65 degrees in tungsten concentrate inquiry in 102000 yuan / ton around, are difficult to purchase goods.


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At present, the overall market stability of tungsten in slightly weaker, waste tungsten market strong wait-and-see atmosphere, trading atmosphere deserted, the business mentality is poor, low-cost resources still more. Although “ the golden nine silvers ten ” is imminent, but the downstream demand is still weak, is expected in August or shortly after the continuation of vulnerable to run, suggest goods business amount of goods, need the amount of goods at the end of the month. Expected short-term waste tungsten market or remain vulnerable to run.

Waste tungsten prices temporarily stabilized wait-and-see. At present, the waste tungsten bit is not including tax price concentrated in the mainstream 188-189 yuan /kg, domestic waste tungsten blade 168-170 yuan /kg, imports of scrap tungsten blade 178-180 yuan /kg, scrap wire drawing die 1780-180 yuan /kg. Waste tungsten grinding material 30-40 traders purchase price concentrated in the 1.45-1.5 yuan / degrees, 50-70 degrees concentrated in the 1.55-1.7 yuan / degrees, 70 degrees or more concentrated in the 1.7-1.75 yuan / degree.


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Flush Finance has announced hat since late May, the domestic tungsten situation and the stungsten ore price are rising steadily. 65% wolframite and scheelite both rise 1000-1500 yuan / ton at a rate of 1% -1.5%. Currently, the tungsten mining enterprises and traders gradually have a tendency of selling shill phenomenon, which brings difficulties to market procurement difficulties increased.

After a sharp decline since the beginning of April, tungsten ore price already fell to near cost. Due to traders who hold high priced goods and mining enterprises sell to supply tightly, and market holds a stable price.

The tungsten enterprises believe that the June tungsten concentrate price guide published from Ganzhou tungsten Co, Minmetals ended 4 months down for the first time to stabilize. At the same time, the output of tungsten products rise gradually in the first three quarters, and profitability is expected to increase. In a-share companies, Xiamen Tungsten is the largest producer of tungsten and molybdenum products, not only strengthen the main industry simultaneously, but make a prospect of rare earths and lithium materials. Chapter Tungsten is accelerating expansion of the field to the downstream end, setting by the project will help the company raise investment to improve the industrial chain upgrading. The company stock price is lower than the reserve price by about3%.

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Tungsten market: tungsten ore traders hand inventory is still more, but businesses optimistic about September, sell mentality is strong, although ammonium paratungstate smelting companies have started to purchase materials, preparing for later production, but the turnover continued stalemate, waste tungsten market strong wait-and-see atmosphere, trading atmosphere deserted, the business mentality is poor, low-cost resources still more. Although the golden nine silvers ten coming, but the downstream demand is still weak, is expected in August trading volume and price or difficult to break.

Continued weakness in ammonium paratungstate lower demand in the market, but the mainstream offer remain strong, the current cash mainstream price of 162000 yuan / ton. Smelting factory began to buy raw materials, hunters to the later production preparation, and procurement of tungsten concentrate 50 degrees as raw materials and tungsten shippers much wait for September comes, temporarily will ship is very low, this week's tungsten market transactions generally light. Expected ammonium paratungstate short-term price or wandering in the 16-16.5 yuan / ton.

Sodium tungstate market demand remains in the doldrums, manufacturers cut operation, the supply of the old customers and orders signed difficulties, the mainstream market prices concentrated in the 12.2-12.5 yuan / ton (cash), and 124000 and above price, buyers buy will not, recently sodium tungstate market price has gradually approaching interval low trend.


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At present, the overall market stability of tungsten in slightly weaker, waste tungsten market strong wait-and-see atmosphere, trading atmosphere deserted, the business mentality is poor, low-cost resources still more. Although “ the golden nine silvers ten ” is imminent, but the downstream demand is still weak, is expected in August or shortly after the continuation of vulnerable to run, suggest goods business amount of goods, need the amount of goods at the end of the month.

At present, the waste tungsten bit is not including tax price concentrated in the mainstream 188-189 yuan /kg, domestic waste tungsten blade 168-170 yuan /kg, imports of scrap tungsten blade 178-180 yuan /kg, scrap wire drawing die 1780-180 yuan /kg. Waste tungsten grinding material 30-40 traders purchase price concentrated in the 1.45-1.5 yuan / degrees, 50-70 degrees concentrated in the 1.55-1.7 yuan / degrees, 70 degrees or more concentrated in the 1.7-1.75 yuan / degree. Expected short-term waste tungsten market or remain vulnerable to run.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Recently, the WTO announced the United States, European Union, Japan export management measures related to the case of the Appellate Body report, which was about Chinese tungsten, molybdenum.

The director of Treaty and Law department in Ministry of Commerce has announced that, the Appellate Body did not support the the United States appeal request and in some provisions of the WTO rules on legal interpretation supported Chinese appeal request, which China appreciated it.   China regretted to the decision made by Appellate Body in order to maintain the expert groups’ commitment.

The director pointed out that the need for the protection of exhaustible natural resources and environmental protection, the Chinese government strengthen and perfect the high pollution, high energy consumption of the integrated management of resource products in recent years. It was also important to make efforts for global sustainability. On the view of China, the WTO not only emphasizes on free trade , respect for sovereignty over natural resources, at the same time, it allows members to take the necessary means to realize the resource protection objectives. China will carefully evaluate the WTO ruling and conform to the WTO rules to strengthen the resources product management, promote resource conservation, the maintenance of fair competition, achieve sustainable development.

The director said that, if the report of Appellate Body of WTO and the report of exports were passed by the dispute-settlement panels, the adjudication would come into force. According to the procedures of the dispute-settlement panels, China will do properly follow-up work of this case.

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Nowadays, WTO has announced a report about America, EU, Japan appealing to Chinese export management of rare earth.

The leading official from the Ministry of Commerce of Treaty and Law Department has issued that the Appellate Body did not support American appeal, but stand by Chinese appeal on the basis of part terms of WTO’s rules, which was welcomed by China. China regretted to the adjudication made by the Appellate Body, which aimed to maintaining expert group’s compliance.

The leading official pointed out Chinese government has continued to strengthen and improve the integrated management to products with high pollution, high energy consumption and resource consumption in order to protect environment and non-renewable natural resource, which is also important to maintain global sustainable development. China believed that WTO do not only stress free trade, but also respect sovereignty of natural resources, and allow the members to protect resource by taking the necessary means. With the evaluation to WTO’s adjudication, China will strengthen the management of resource products, promote resource conservation, and maintain fair competition to achieve sustainable development in accordance with WTO’s regulation.

The officer said that the final adjudication will be defined when the reports from WTO’s Appellate Body and the export group are passed by WTO’s Dispute Settlement Body.

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