Tungsten, terminal demand no significant improvement in the market overall is still vulnerable to run, tungsten, tungsten concentrate because of inventory backlog of more and weak demand and sustained market downturn, but prices have been very close to the cost of lines, shippers and manufacturer's price consciousness is strong, low refuse the shipment, resulting in recent days is relatively strong and stable price.

Tungsten prices continued to decline, before the market instability, the downstream tungsten smelting plant more wait-and-see, suspend the procurement of raw materials procurement or small, there are not many raw materials inventory, and the price of raw materials has dropped to a lower price, smelting factory began to buy raw materials procurement, market price increase. However, because the ore prices continue to wander in the low, shippers shipping negative, resulting in raw material procurement difficulties, part of tungsten smelting plant procurement inquiry, slightly increase rate is not very clear, is the price a little lift interval.
 

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Tungsten prices continue weakening operation. The current mainstream market trading price of tungsten powder concentrated in 261-263 yuan / kg, native tungsten concentrate in 260-262 yuan / kg, down again about 1 million. Due to the recent market continued weak tungsten concentrate , powder merchants offer also gradually confusion, the level of spread widening, some businesses will ship is not strong, still in high quotes , some cash-strapped businesses continue to go low-priced goods, dragged down the overall market weak run .

Market price of tungsten concentrate of steel around 290 yuan / kg, between high-purity tungsten 320 yuan / kg, tungsten wire 415-455 yuan / kg, tungsten rod 355-380 yuan / kg, the mainstream is still stable. Finished goods merchant power price adjustment is relatively low , steady watching the majority, so the market is relatively stable. Tungsten products market is expected to more than short-term steady weak trend will continue .

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Tungsten market remain vulnerable to run, but shippers and manufacturer's price consciousness is strong, price is relatively strong. Waste tungsten market can be traded, the blade needs a good spot, few resources, material tungsten market more short-term will continue to maintain stability.

The macroscopic aspect, the economy of Shanxi Waterloo: coal prices falling, Taiyuan GDP only increased 0.1%; RMB four fall, refresh near eight month lows; the growth rate of real estate investment declined in March, the housing enterprises optimism fading.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Weak overall market stability operation of tungsten in tungsten concentrate, market transactions light, shippers shipping will is not strong, some traders and downstream smelting factory buying bargain, but both a larger spread, transaction performance of stalemate, expected short-term tungsten market mainstream will run steady.

The macroscopic aspect, M2 growth than expected, monetary policy fine-tuning in directional "window period"; the RMB even fell to its lowest level in 8 months; Xi Jinping clear economic development to adapt to the new normal, tolerate the economic slowdown.


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From the status quo of China's tool industry's point of view, on the one hand, it has made important contributions to the development of China's manufacturing industry; but on the other hand, compared with the manufacturing industry in the "Twelfth Five Year Plan" period demand, its transformation three aspects still exists a gap in the product structure adjustment, the tool innovation and industry. "Twelfth Five Year Plan" period, we have made new progress in these three areas, in order to meet the demand "Twelfth Five Year" development planning of tool industry, and lay the foundation for further development.

Firstly, a product structure adjustment. Now, tool material has already entered into the hard alloy dominated era, compared with the high speed steel, hard alloy has better performance and higher cutting efficiency, and super hard tool materials together, is the guarantee for realizing high efficiency machining of the most important modern cutting technology. At present, our country hard alloy cutter accounted for about 40%, far below the level of developed industrial countries, the overall level of our tool products to improve. No good tool materials, any tool innovation and cutting technology progress are the lack of the necessary material foundation, can only be castles in the air. However, in order to fundamentally solve this problem, relates to the industry structure adjustment. In addition to Zhuzhou diamond cutting tool Limited by Share Ltd existing, must accelerate with hard alloy material and tool research and development capacity of the production base construction process, rapid increase of cemented carbide cutting tools account for the proportion of all tool. This is a great investment project, need to relevant government departments to guide and support.

Secondly, attention must be paid to tool innovation. The cutting tool innovation is to promote technological progress and improve the machining efficiency is the most important factor. Modern tool innovation performance in three aspects:

First, the innovation of steel. It accounted for a large proportion in the tool innovation present in. Comprehensive foreign companies with hard alloy and super hard material development and production capacity, will launch a large number of tool material new year, become the main selling point of the new product they tool. The development train of thought is, according to the characteristics and requirements of application, integrated materials, coatings and channel advantages, "an antidote against the disease" development, make the blade has a performance advantage in the application within a certain range, get the processing effect is good, can generally make the machining efficiency is improved by more than 20%. Therefore, to speed up the construction of China's Cemented Carbide Tool Materials R & D and production base be imperative.

Second, innovation of cutting tool coating. Since the coating technology into the application fields, development of cutting tool coating technology very quickly. Along with the development of coating technology, equipment, components of innovation development continues to accelerate, the tool modification has been enhanced. Because of the characteristics of coating technology can improve the cutting performance effect, process flexibility is good, new brand development quickly, not only makes the tool cutting performance has been greatly improved and improved, but also the innovation of blade coating grade well and quickly. The coating has become the most important factor in cutting technology. So far, the ability of independent development of our country still does not have the equipment and process of cutting tool coating, restricts the innovation progress cutting technology in our country and the coating grade. Therefore, vigorously develop the tool coating technology is a pressing matter of the moment.

Third, innovation tool structure. At present, the tool structure innovation momentum is very strong, showing great potential. In recent years the machine tool exhibition, new kinds of tool cutting tool manufacturers compete to launch the attention spot. The tool structure innovation not only improves the performance of tools, has a great influence on the development of some type of tool. For example, the milling cutter can be realized structure slope milling cutter, greatly expanding the function, reducing tool change time, its structure has been applied to different types of milling cutter, the cutter milling for various slope, promoted the development of milling and milling cutter. In addition, such as the new tool structure small depth of cut, feed mill with spiral angle of vibration mill, wiper blade, blade car bottom rails with tool and profiling tool, tool cooling structure emerge in an endless stream, be too numerous to enumerate. Great concern to appear each new tool would result in industry, and the rapid popularization and application in industry, for the development of cutting tools, improve tool performance plays a great role in promoting. Only do many tool enterprises in our country is not production tool, cutting tool material, so we must pay more attention to the creativity tool structure.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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At present , the domestic market opened today paratungstate remain ineffective, the surface of price stability , bearish psychology serious. Paratungstate mainstream market quotations concentrated in 16.7-17 yuan / ton , the actual transaction at 16.6-16.9 yuan / ton, essentially flat with last weekend . Lack of confidence in the market outlook for many businesses , because raw material prices are falling , metallurgical products inevitably affected . But on the other hand , manufacturers are also very reluctant to cut prices , the only production and inventory control , waiting to see caution.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market : tungsten market was stable weak, thinly traded tungsten concentrate prices changed little, holding cargo ship will is not strong , and some traders and downstream tungsten smelters are actively bargain hunters. But the big difference in price between buyers and sellers , turnover continued stalemate , expected this week, or to stabilize the main tungsten concentrate prices . Ferrotungsten deserted market , demand remained weak , little inquiry , shipping difficulties , lack of confidence in the business outlook , operating enthusiasm is not high , short-term market or continue ferrotungsten partial weak run .

Ferrotungsten deserted market , demand remained weak , little inquiry , shipping difficulties , lack of confidence in the business outlook , operating enthusiasm is not high , short-term market or continue ferrotungsten partial weak run . Small tungsten iron smelter home production or price cuts , a large tungsten iron manufacturers offer strong, but also strict inventory control , order production and orders for less .

With the downturn in raw material prices to weaken , and the desirability of downstream tungsten iron , tungsten, iron prices in the market more show confusion, 70 ferrotungsten spread widely. It is understood Hebei and other places outside the furnace iron production of 70 current price of tungsten concentrate at 16.5-16.7 yuan / ton, this 70 tungsten iron content in general is about 70 or a little handicap ; Dan Cheng Xin and other medium-sized tungsten iron smelter home, 70 Quotes are concentrated in the 17.2-17.8 yuan / ton , Nissan up to 6 tons , less turnover and strict control of inventory ; big hit Hunan smelter and large firm quotes at 180,000 yuan / ton, but the inquiry turnover not much.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Weekly opening , tungsten concentrate prices continue to hold steady on the sidelines. Tungsten scrap market remains stable trend, the market can still be traded , where demand is relatively good blade . As the overall amount of resources much , so relatively strong business mentality , the price is not strong . Tungsten scrap market is expected to more than short-term steady trend will continue .

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%


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City tungsten weak overall market steady run. Tungsten concentrate market volume was light, commercial shipping cargo hold is not strong, some traders and downstream smelters bargain hunters, but a larger spread between buyers and sellers, and transactions have deadlocked, the mainstream market is expected to be short-tungsten market steady run.

Macro, M2 growth rate than expected, to fine-tune monetary policy directed into the "window period"; yuan central parity three-day losing streak hit eight-month low; Xi Jinping clear economic development to adapt to the new normal, tolerance economic slowdown.


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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