May 29, 2014 tungsten concentrate market

At present , the domestic tungsten concentrate market remained stable overall today , but the market price is slightly confusing, individual merchants offer up the actual volume is not. 65% of the market mainstream in wolframite 105,000 yuan / ton , the actual transaction may 10.3-10.5 yuan / ton, unchanged from yesterday's basically a small volume ; 55% quoted in the mainstream wolframite 103,000 about yuan / ton , the actual transaction at 10.1-10.3 yuan / ton, and yesterday was essentially flat. Consolidation phase at low prices , most businesses offer stable outlook is bullish because the individual businesses , to raise its offer , but the downstream buyers low acceptance . Buyers and sellers stalemate will continue.


Tungstenufn Maacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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May 29, 2014 paratungstate market

At present , the domestic price of ammonium paratungstate market is still strong today , businesses were reluctant to sell significantly . Paratungstate mainstream market quotations concentrated in 16.4-16.7 yuan / ton , the actual transaction at 16.3-16.7 yuan / ton, and yesterday was essentially flat. Scheelite is more difficult due to the recent purchase , APT manufacturers offer are becoming increasingly strong, plus the current stock inventory is not high , so the information than enough , offer stability . But downstream buyers demand release slowly, and at an acceptable price and the upstream quotes are still gaps, so the actual turnover reached more than can be traded price on the 16.4-16.6 yuan / ton.


Tungstenufn Maacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Ganzhou Tungsten Enterprise for The Province of Rare Minerals 5,235 Tons of Tungsten Concentrate Production Plans Mandatory

 
 

Recently, the Provincial Industry and Information Committee in accordance with "Notice of the Ministry of Industry and Information Technology issued in 2013 on the second batch of rare mandatory production plan" (MIIT original [2013] No. 282) requirements issued "issued in 2013 on the province rare minerals mandatory production plan (second tranche) notice ", Ganzhou tungsten 26 companies for 2013 the province's rare minerals mandatory production plan (second tranche) tungsten concentrate (fold WO365%) 5235 t, representing the province of tungsten concentrate (equivalent WO365%) 27.3% of total mandatory plans. Notification requirements, or over any business plan shall unplanned production, the municipalities and districts letter appoint progressively implement industry management responsibility, earnestly implement the relevant documents, regularly check the implementation of the plan. For unplanned, ultra planned production enterprises, to immediately ordered to stop, and to trace the source of minerals for the illegal purchase and sale of businesses will be punished according to law.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Ore Continued Oversupply,Weak Ore Price Rise

 
 

Mine take the goods to normal, no pressure on the stock, but the price is still low-bit, multi-select only a small amount of goods to go in order to maintain the old customer relationships; cargo operators reluctant to sell to raise prices, but high shipping scarce; portion of raw material inventory is limited due to the smelter home needs procurement and slightly raise the inquiry, limited purchases of market support is not enough. Additionally, no significant improvement in the domestic downstream demand, the terminal carbide tools recently on account of weak demand and slightly lower prices. Summary of the domestic tungsten concentrate is still oversupply, late ore price rise fatigue, short-term focus on tungsten concentrate prices or mainstream 10.5-10.8 yuan / ton.

It is understood that tungsten concentrate smelter offer strong, lift slightly compared to last week, 65 percent wolframite 10.6-10.7 yuan / ton, 65% scheelite 10.5-10.6 yuan / ton; mine although received Inquiry low, but the external offer price 1.45 yuan has now / degree.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Waste Tungsten Drill Bit Slightly Weaker Market Relatively Strong Blade

 
 

Tungsten steel scrap prices stable individual slightly weaker. Tungsten scrap merchants offer part of the drill area have come down, focused on the purchase price excluding tax mainstream 184-186 yuan / kg, but most businesses offer Hebei still concentrated between 188-190 yuan / kg, and no significant price cuts will, steady watching the majority.

Imported scrap purchase price of tungsten concentrate in mainstream blade between 177-178 yuan / kg, high turnover, poor. Domestic waste tungsten blade market is relatively strong, high transaction price tends to 169-170 yuan / kg; waste wire drawing dies mainstream price is still concentrated in the 178-180 yuan / kg, frequency and amplitude fluctuations than other small tungsten steel scrap. Mainstream short-term market is expected to steady tungsten steel scrap, individual species or continue to narrow adjustments.

[W] City of mainstream international markets overseas rose. 28 evening MB Rotterdam ferrotungsten offer $ 41.7-42.3 / kg of tungsten, up $ 0.2-0.3; paratungstate Europe offer $ 368-380 / t degrees, exploration $ 3 on low; Hong Kong offer $ 362-370 / t degrees, steady . Expected short-term overseas tungsten Costco will continue to trend up pattern.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Ore Prices Temporarily Stable Operation,Waste Tungsten Drill Quoted Market Slightly Lower Signs

 
 

Tungsten ore prices temporarily stable running, watching the market sentiment enriched. Tungsten scrap market quotes drill slightly lower signs, blades and scrap tungsten material prices are still strong, short-term tungsten market is expected to steady the mainstream, there are still individual species or narrow adjustment.

Macro level, the four lines in May to drop nearly forty percent of new loans; Northeast Economic Development and Reform Commission is brewing rejuvenated support measures; NDRC brewing a traffic investment funds, the total will reach one hundred billion.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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Tungsten Scrap Market Mainstream Stabilize Expected Little Change before The Holiday or Molybdenum City

 
 

Word Roundup: Scrap tungsten mainstream market to stabilize prices due to weak demand drill down, the price is slightly confusing domestic knives tungsten scrap prices expected to post steady or slightly adjust the main basis for the procurement requirements; iron-molybdenum steel products for the tender price levels are relatively stable and close to the downstream end of inquiry have increased, which is expected to support the business outlook to some extent, but due to unknown late trading operations carefully so the atmosphere is not thick turnover is expected before the holiday molybdenum market or little change.

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May 28, 2014 tungsten reference price of all varieties

May 28, 2014 tungsten reference price of all varieties :

Variety name Price Unit
APT 16.4-16.7 Yuan / ton
Ferrotungsten 17.5-17.9 Yuan / ton
Sodium tungstate 13.2-13.5 Yuan / ton
Tungsten 460-480 Yuan / kg
Electrode polished rod 510-520 Yuan / kg
Native tungsten carbide powder 258-263 Yuan / kg



Tungstenufn Maacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Scheelite transaction price rose slightly from cargo operators who are 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 .


Tungstenufn Maacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Ganzhou Development Zone, the initial formation of carbide and other industries

Recently, the reporter 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 magnet and tungsten powder well-known brands to create deep processing industry demonstration zone " , which is only approved in Jiangxi Province in 2014 to build a " national brands to create a demonstration area . "

In recent years, as the city of tungsten and rare earth industry, deep processing base , Ganzhou Ganzhou Development Zone tightly around the core of the development of economic growth pole position, Gan seize strategic opportunities for South Sioux district revitalization and development , planning and construction of the tungsten and rare earth industrial park , the initial formation of carbide NdFeB magnetic materials , phosphors, permanent magnet motor industry .


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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