Tungsten products prices to continue weakening operation. Because the agency guidance prices down, the tungsten and tungsten chemical market fell, tungsten products market mentality will be further weakened, and demand remains in the doldrums, powder merchants offer have continued to fall, although the price of products businesses will is not strong, but the overall turnover atmosphere cold Qing, expected short-term market will continue to run much weaker.

The tungsten powder market price from 262-264 yuan /kg, primary tungsten carbide concentrated in the 261-263 yuan /kg, down 1 yuan /kg; steelmaking with 290 yuan /kg, high pure tungsten bar 320 yuan /kg, offer temporary remained stable.


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In May, Minmetals agencies guidance prices down, resulting in tungsten and tungsten chemical raw material market prices generally lower, waste tungsten market mainstream continue to maintain stability, shippers shipping will not be high, the market spot resources limited. At present, the overall demand still weak tungsten city, light volume, short-term market is expected to weaken steady operation.

The macroscopic aspect, the central bank 60000000000 repurchase continue to lock in long-term liquidity; the central enterprises the highest dividends to 25%, finance is expected to be received more than 37500000000 yuan this year; depreciation rate of over 3%, the short term difficult to rise.


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The first half of 2014, due to the tungsten market demand no obvious improvement, at the same time, Pan Asian exchange million tons of APT warehouse has Mancang close, good effect on the market is gradually weakened, is expected to price will be in low wander. "The second half of the year, with long production of the new resource tax scheme implemented, tungsten costs rise, and then forced the whole industry chain prices." One analyst said.

The analysts said, 2013 Chinese tungsten market prices rose 10.8% to 130300 yuan / ton, the main support factor for the state and enterprises linked storage. The domestic market is still oversupply of tungsten. Analysts pointed out that, in 2013 the domestic tungsten production was 71000 tons, demand is 33000 tons, with exports 14% of the decline, the excess supply situation worse.


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According to Sichuan Provincial Bureau of statistics data show, 2014 1-3 months, non-ferrous metal industry the province's total production of 10 kinds of nonferrous metals 181900 tons, down 9.37% yoy. The electrolytic copper, the cumulative production of 16200 tons, an increase of 7.53%; electrolytic zinc cumulative production 54200 tons, an increase of 33.72%; electrolytic aluminum cumulative production 117300 tons, down 26.37% yoy.

Aluminum alloy 1-3 months, the cumulative production of 118000 tons, grow 16.25% compared to the same period. Aluminum, the cumulative production of 135000 tons, grow 16.49% compared to the same period. The cumulative production of 14000 tons of copper, up 68.97%. Cemented carbide, tungsten and molybdenum products, tungsten and molybdenum compounds and hard material the cumulative production of 2297 tons, down 1.83% yoy.


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Ganzhou Tungsten Industry Association in May tungsten market forecast price: black tungsten concentrate 110000 yuan / tons of standard, APT 170000 yuan / ton, tungsten powder 265 yuan / kg, compared to April decreased by 4.35%, 3.41%, 3.28%.


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Chinese Minmetals announced in 2014 May tungsten concentrate price guide, 65% black tungsten concentrate bid for the 110000 yuan / ton, 65% white tungsten concentrate bid for the 109000 yuan / ton, compared with April prices were down 8.33%, 8.40%.


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Tungsten market: Ganzhou tungsten Association and China Minmetals Nonferrous May tungsten concentrate offer all down, or relative last month narrowed, the overall market performance continue to cold, adequate supply, but the downstream demand downturn, the overall still pile up in excess of requirement. The price is more close to the real market, waste tungsten market is still a certain volume, wherein the blade demand is relatively good, the whole trading atmosphere can be, so the market slightly stronger. At present the market wait-and-see atmosphere thick, is expected in recent days of tungsten products prices or slightly down.

Today's tungsten market overall performance continued to deserted, adequate supply, but the downstream demand downturn, the overall still pile up in excess of requirement. Expected if not Shouchu force, May tungsten price will still rise asthenia, or continue to fall nearly 100000 mark.

Yesterday afternoon Minmetals Nonferrous and Ganzhou tungsten co published May guidance prices continue to decline, 65 degree black tungsten concentrate is 110000 yuan / ton, despite the decline compared with April narrowed, but still larger. According to the current understanding of the market 60 of tungsten concentrate near the 102000 yuan / ton, 65 degrees of tungsten concentrate near the 105000 yuan / ton, price guide price is still higher than the actual market price, so in the short term the actual transaction effects, but still to a certain extent on the business confidence.

Though still in the continuous production of manufacturers, but now the price will ship is not high, but the market; shippers also continue to wait and see, but with the guidance prices continue to fall, the shipment will increase, some businessmen to ship but the price is still high, clinch a deal the stalemate; buyers also continued to demand a low price, the transaction is not smooth.


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This month 'guidance price mechanism, the tungsten concentrate prices continue to weaken. Waste tungsten market is still a certain volume, wherein the blade demand is relatively good, the whole trading atmosphere can be, so the market slightly stronger. At present the market wait-and-see atmosphere thick, expected short-term waste tungsten prices more stable trend will continue.

Waste tungsten prices steady. At present, the waste tungsten bit does not tax the mainstream purchase prices concentrated in the 185-188 yuan /kg, imports of scrap tungsten blade 176-180 yuan /kg, domestic waste tungsten blade 167-170 yuan /kg, scrap wire drawing die 178-181 yuan /kg, waste pure tungsten 213-221 yuan /kg. W ≥ 70% grinding material mainstream prices concentrated in the 1.75-1.8 yuan / degree; 50% < W < 70%, 1.65-1.75 yuan / degree; 30% < W < 50%, 1.45-1.55 yuan / degree, stability.


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Anhui province Ningguo City West Port tungsten tin census (sequel) project recently passed the Anhui provincial geological survey management center expert group field acceptance, quality grade is excellent. The preliminary estimate, tungsten tin ore resources volume is expected to reach medium size.

Reportedly, the project is the Anhui provincial geological prospecting special fees (funds) project, the geological survey work, undertaken by the Institute of geological survey of Anhui Bureau of Geology and mineral resources, geological team 322. The census is drilling 14 drilling work, completed 7807.21 meters, generally identified Xi Wu mouth area of tungsten and tin scale, occurrence, morphology and ore quality, has an important guiding significance for the next step prospecting area.


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