With the guidance prices sharply lower in December agencies, businesses operating enthusiasm subsided, ore prices have challenged the edge cost line, holding business profit is very low, even in the face upside down, so hold stocks outside offer low motivation this week, and quotes relatively strong, eager to cash unless the ease the financial pressure, and a small amount of low turnover, tungsten ore spot market volume was light.

Tungsten ore inquiry and offer dual lower price without tax 60 wolframite concentrate on 1.05-1.1 yuan / kWh, and less than the low spot transaction turnover. Downstream of tungsten concentrate smelter home purchase less willingness Scheelite demand weakened for two main reasons: ① downstream tungsten smelter home start low; ② more bearish on the market outlook, caution; ③ With the New Year approaching, liquidity is more intense, the manufacturers do not want to spend money on materials prepared in advance; ④ tungsten downstream market itself sluggish demand.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Tungsten tighter market liquidity, both buyers and sellers operating cautious market sentiment strong tungsten concentrate, APT, such as tungsten smelter near future are not cash, is still outside the inquiry, however Scheelite hold stocks of non-cash no shipping, spot little turnover. Waste tungsten fast cash in circulation, coupled with the large traders in the hands of large quantities of goods difficult to walk, and the prices continue to decline, small traders operating cautious by sluggish demand and funding constraints double oppression expected tungsten concentrate prices will continue to fall, late tungsten price or continue to decline.

Increased demand for scrap tungsten insert in recent days, the spot is circulating faster, plus large traders in the hands of large quantities of goods difficult to walk, and the prices continue to decline, small traders operating cautious, carbide manufacturers demand procurement more difficult, the more demand more waste tungsten blade slightly raise the price so the price.

It is understood that the price of scrap tungsten blade domestically focused 146-148 yuan / kg, the price of scrap tungsten blade imported concentrated in 155-158 yuan / kg (CNC blade), the price of scrap tungsten drill 154-157 yuan / kg. Originally imported scrap tungsten blade scrap prices are generally lower than the price of tungsten drill, then drill tungsten scrap demand continues to slump, the current tungsten scrap import prices have slightly drill blade.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Ganzhou Tungsten Association and CMN latest price guide while December to 8.8 yuan / ton, tungsten Association decline of 7,000 yuan / ton, Minmetals decrease of 10,000 yuan / ton, down is very large, the tungsten market is more bearish sentiment rich.

Additionally, in December tungsten City tighter liquidity, buyers and sellers operating more cautious, APT tungsten smelters and other recent no cash, is still outside the inquiry, however Scheelite not hold stocks of non-cash shipments, the market rarely traded . Tungsten concentrate prices expected this week will continue to decline, or the full 60 degrees below Scheelite 80000 mark.


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Tungsten market: Today tungsten rich city of sentiment, spot transactions in more stalemate, although there are inquiries, but almost no turnover, tungsten, iron downstream demand continues to weaken, the market rarely inquiry, the situation is not optimistic, more difficult than the last month , but tomorrow guided forthcoming, many businesses wait wait guided introduction of more specific operations temporarily tungsten price stability maintenance operation.

Tungsten carbide has changed its name to Element Six Hard Materials. Having joined Element Six in late 2007, it now represents a major business area for the company as a whole. The name change reflects Element Six's ambitions to build on its leadership in the materials technology sector, particularly in the field of supermaterials such as tungsten carbide, synthetic diamond and cubic boron nitride. Karl-Georg Hildebrand, as executive director, is leading this business area as it makes its transition to a full part of the Element Six group. "

As Hard Materials we have a strong position in the mining and construction markets with products based mainly on tungsten carbide," notes Karl-Georg Hildebrand. "Being a part of Element Six means that we can benefit from the synergies of the company as a whole. For our customers this means that we can combine our strengths and technology with expertise from other business areas. This makes us a powerful force in the materials technology sector." This is a very exciting period in the materials business as rapid developments in technology are creating new market opportunities.



To benefit from these developments, Element Six has created a new company structure and organisation that will help the company build on its current success and to seek out new markets and opportunities. The new organisation recognises the fact that Element Six has particular leadership in different markets and needs to have a group structure that can support these markets more effectively. It also reflects the fact that Element Six lives in a highly competitive and rapidly changing world where success relies on being adaptable and responsive to its customers. Element Six Hard Materials is one of four business areas that comprise Element Six; the others are E6 Advanced Materials, E6 Oil & Gas, E6 Technologies. In addition, Element Six is operating a separate venture fund activity, E6 Ventures.

Ferrotungsten domestic downstream demand continues to weaken, the market rarely inquiry, the situation is not optimistic, more difficult than the last month, manufacturers started the situation remains low, and with the new year approaching, the operating rate, or more atrophy. However, very price conscious of manufacturers, smelters home outside offer basically unchanged from the end of November, there is no lower offer, and many manufacturers have not yet reached a deal this month.

Currently 70 ferrotungsten acceptance quoted in 160,000 yuan / ton, the cash price has fallen below the 160,000 mark. Analysis is expected with the introduction of guided and guided prices continued to fall in the tone has been determined, ferrotungsten offer difficult to stop the decline, the late mainstream offer or will fall below 160,000 yuan / ton mark.


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Today Minmetals and Ganzhou Tungsten Association December guided forthcoming, combined merchant capital flows nervous today tungsten rich city of sentiment, spot transactions in more stalemate, although there are inquiries, but almost no turnover. Despite weak tungsten offer temporary maintenance of stability, but the market is generally bearish outlook, the latter is still hard to stop the decline in the price of tungsten.

It is understood that there are a small number of inquiries on the market, but the purchaser continues down a tentative inquiry, 55-60 degrees scheelite has 7.8-8 yuan / ton in the inquiry, and there is still depressed trend, yet the transaction.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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By the international and domestic macroeconomic impact, Gannan tungsten industry pressure is still great. Tungsten market downturn, thinly traded and capital returns slowly. Currently Ganzhou Scheelite tungsten Association offer of 9.5 yuan / ton, APT15.2 yuan / ton, the highest in nearly three years to a record low, lower actual transaction.

Scheelite than the 2011 peak of 155,000 yuan / ton down nearly forty percent over the same period last year, 120,000 yuan / ton fell as much, and no signs of improvement in a short time. Currently, tungsten smelter home production enthusiasm is low, especially in the procurement of raw materials carefully; tungsten ore businesses wait and see mood strong, more waiting in December guided introduction; insiders predict guided or continue to decline in December, wolframite guided or dropped 90,000 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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By the Hunan Provincial Bureau of Geology and 407 team compiled "Xinshao County, Hunan Lake Creek mine tungsten ore exploration Report" recently successfully filing, submitted 70,400 tons of tungsten resources, the scale of large deposits. It is the Hunan Province since 2000 through the filing of the first non-ferrous mineral exploration reports.

Xinshao County Lake Creek tungsten ore mine in Hunan Province Bureau of Geology and Exploration Team 407 commercial geological prospecting projects signed in 2010, which lasted four years, the project team completed the field work from a detailed investigation into the exploration, geological completed 1:2000