Yesterday, Ganzhou tungsten CO and Minmetals May tungsten concentrate guidance prices were down, the decline is relatively last month narrowed, closer to the current market price of the actual transaction price, under its influence, the business mentality of weaker, is expected to recently tungsten market or low operation.

The macroscopic aspect, 30 provinces and one quarter GDP growth below the annual target, to a new round of investment; Beijing Tianjin Hebei 2020 formed one hour traffic circle, construction of rail transit network; the Ministry of commerce foreign trade is expected to rebound after May.


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Tungsten market: Festival of tungsten mainstream stabilised, merchants wait-and-see sentiment strong wait for guiding the price has more specific operation. APT price confusion, 16.2-17.3 yuan / ton price is, weak demand, light volume, material price after the introduction, APT price range or narrowing.


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At present, the overall carbide tool in developed countries account for dominant position of tool types, the proportion is as high as 70%. High speed steel cutting tool is reduced from 1% to 2%, the annual rate, this proportion has dropped to below 30%.

At the same time, the whole hard alloy cutting tools in Chinese has become the main tool required for processing enterprises, are widely used in automobile and parts, mold manufacturing, aerospace and other heavy industry, but our tool enterprises is blind, mass production of high speed steel, and some low-end standard tools, without considering the saturation of the market and business requirements, and finally with high additional value, high technology, high-end CNC tool market "away" to foreign enterprises.

According to experts, our tool, the current annual sales of about $14500000000, which was lower than that of cemented carbide tool 25%, domestic carbide tool manufacturing has occupied more than 50% of the tool, a blind production it has seriously can not meet the domestic manufacturing industry, the growing demand for hard alloy cutter, thus forming the vacuum in the high-end market, and finally by the foreign enterprise dominant.


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Tungsten market: Festival of tungsten mainstream stabilised, merchants wait-and-see sentiment strong wait for guiding the price has more specific operation. Sodium tungstate downturn in market sentiment, continued weak demand, prices weak steady, clinch a deal the stalemate. Ammonium paratungstate price confusion, 16.2-17.3 yuan / ton price is, weak demand, light volume, material price, after the introduction of ammonium paratungstate price range or narrowing. Tungsten products downstream demand volume is not obvious, the market wait-and-see atmosphere thick. The business operational intention is generally low, expected short-term market will continue to maintain a stable tungsten.

Day trading, tungsten products downstream demand volume is not obvious, the market wait-and-see atmosphere thick. In May the guidance price of tungsten concentrate mechanism is adopted, the business operation intention is generally low, the current overall mentality are confused, uncertain market outlook change, the transaction is not active. Expected short-term tungsten products market will continue to maintain a stable multi.

Tungsten products market mainstream is still running smoothly. The tungsten powder market price from 264-266 yuan /kg, primary tungsten carbide concentrated in the 263-265 yuan /kg, 290 yuan /kg steel with high pure tungsten bars, 320 yuan /kg.


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Sodium tungstate downturn in market sentiment, continued weak demand, prices weak steady, clinch a deal the stalemate. Some businesses lack of confidence, the market outlook is not hopeful, the market operation cautious, wait-and-see atmosphere thick. It is understood. Many small factories while the five one small chance of false shutdown for maintenance, and the festival has not yet explicitly plans to resume production, low operating rate of manufacturers, manufacturers shipped intention is not strong.

Secondary market quotation ammonium tungstate somewhat chaotic, price range widening, according to the current understanding of the market 16.2-17.3 yuan / ton price has, however, demand not flourishing, turnover continued to light. As expected, nearly two days the guide introduced, ammonium paratungstate market price range or narrowed, and the price is the mainstream or will concentrate in the vicinity of 16.5.


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Postganglionic tungsten market mainstream stabilised, merchants wait-and-see sentiment strong, waiting for the guide introduced. APT price confusion, weak demand, light volume, is expected to be announced after the guide price, APT price range or narrowing.

The macroscopic aspect, in April Chinese PMI edged up to 50.4%; the railway investment to 800000000000, new projects to 64; a quarter of industrial profit increased by 10.1% year-on-year, automobile manufacturing performance.

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Lanthanum tungsten electrode is improved varieties of Europe in the eighty's the introduction of hope instead of thoriated tungsten products, once launched, with its excellent welding performance in the international welding industry attention and very popular. Lanthanum tungsten electrode is the most common containing two percent lanthanum oxide (La203), known as the lanthanum oxide. In Europe and Japan, lanthanum tungsten electrode in the majority of applications have been the most commonly used to replace the thorium tungsten electrode. Its excellent conductive performance, the most close to the WT20 thoriated tungsten electrodes. Therefore, don't need to change any welder welding operation procedures can be convenient for the electrodes to replace the thorium tungsten electrode. This kind of change, whether in under the condition of AC or DC conditions are easily. Another advantage is the endurance of high current and low burning rate minimum.


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The first half of 2014, due to market demand has not improved significantly, 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. &rdquo said one analyst.

The analysts said, 2013 China 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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The tungsten concentrate market remains in the doldrums, the seller and the buyer the price continued to contract impasse, the downstream demand was not significantly improved. Low price to purchase, price to sell, tungsten businesses are in a dilemma, especially near the end of the 5 month, tungsten Association and Minmetals guide forthcoming, wait-and-see mood of the market become increasingly strong. Due to the macro stimulating domestic demand, the Ukraine war are beneficial to tungsten city, some businesses have certain expectations for May; although most businesses that if no reserve force, May tungsten, hardly big breakthrough, the key is the lack of direct support needs.

According to the current understanding of the procurement market atmosphere, but were rare, only some businesses because of funding difficulties. 60 degree white tungsten concentrate prices about 102000 yuan / ton near, 60 degree black tungsten concentrate prices of about 103000 yuan / ton near.


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