Tungsten products traded price trend lower, stable prices weak

Due to the recent tungsten concentrates and tungsten chemical market continued to weaken, it would be difficult tungsten products market sentiment strong, low transaction prices continue to move closer . Some businesses offer though still remained at last week's price, but basically no high turnover , weak downstream demand , boost market confidence hard , tungsten products is expected to short-term market stability and more weak trend will continue .

Tungsten prices remain steady weakening . Currently the mainstream price of tungsten powder market concentration in the 268-270 yuan / kg, native WC 267-269 yuan / kg, tungsten steel 287-292 yuan / kg, high-purity tungsten 317-322 yuan / kg, tungsten electrode polished rod 405-415 yuan / kg, steady .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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April 16, 2014 Tungsten Market early assessment

Currently the cost of tungsten concentrate prices have approached the line , but the market turnover remains deadlocked , the downstream part of the tungsten manufacturers have suspended offer, while still dropping the actual transaction , expected short-term maintenance of stability tungsten market prices continue to be weak .

Macro , M2 growth fell sharply in the first quarter to 12.1% , is expected to rebound in the second half ; quarter total electricity consumption up by 5.4% ; many provinces deployment in the second quarter economic work , frequently mentioning the downward pressure on the Italian projects .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Chinese equivalent to the amount of tungsten concentrate production forecast 2013-2017

Tungsten is extremely scarce and irreplaceable strategic resource , but also the national economy and national defense irreplaceable foundation of modern materials and strategic resources , manufacturing tungsten carbide known as "dental industry ," Carbide widely in the areas of military, aerospace, machinery processing , metallurgy, oil drilling , mining tools, electronic communications, construction , etc., is the key material tungsten lighting , electronics and other industries. In these applications, has not yet found a direct substitute for tungsten.

Currently, only the world's total proven reserves of tungsten 2.898 million tons , is extremely scarce resources , more than 20 kinds of the world's known tungsten minerals , industrial value only scheelite and wolframite are two, wolframite are quality tungsten ore, scheelite are refractory ores . China 's tungsten resources abundant , accounting for nearly 70% of the world 's proven reserves of tungsten mineral resources , ranking first in the world .

2010-2013 , equivalent to the amount of tungsten concentrate production increased year by year , and reached its highest level in 2013 , tungsten concentrate production was 138,000 tons .

Through the analysis of primary tungsten and "Twelfth Five Year Plan" according to the analysis of waste tungsten tungsten industry, we assume that the future of native producers of tungsten in tungsten concentrate production quota increase of 1% per year , the 2017 Chinese tungsten concentrate equivalent to the amount of production will reach 143,600 tons .

2014-2017 Chinese tungsten ore market analysis research has been mentioned in the report , domestic demand for tungsten basically showing steady growth in the state . Although the impact of the financial crisis is not over , the European sovereign debt crisis is still spreading and so the constraint of global economic development, but the trend of global economic growth will continue, tungsten demand will continue to grow in 2015 , total global demand may up to 83000t, with an average annual growth rate of 4%.


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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April 15, 2014, such as tungsten carbide reference price of all varieties

April 15, 2014 tungsten reference price of all varieties :

 

 

Variety name Price Unit
APT 17.10-17.30 Yuan / ton
Ferrotungsten 18.00-18.30 Yuan / ton
Sodium tungstate 13.20-13.50 Yuan / ton
Tungsten 460-480 Yuan / kg
Electrode polished rod 510-520 Yuan / kg
WC 270-272 Yuan / kg



Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Non-standard carbide drill broad application prospects in the oil field

Currently, Tahe Oilfield simplify a large group of well structure made ​​of three open wells, such wells type II opened up long naked eye 4500-4800m, in the current drilling cycle is extremely tense situation, two open drilling speed appears particularly important, some of this work area well team using a non- standard carbide drill ( 5 " ,5 -1/ 2" ) for drilling , to increase displacement to meet the needs of the upper strata drilling .

In addition , there is the old well sidetrack section 7 "casing to the wellhead window wells, such wells if full well section using 3-1/2" drill , carbide drill for tensile strength is not a small test, furthermore , small water displacement of small eyes , high pressure pumps , pressure on the ground pipeline is relatively large , it can not meet the needs of carrying sand mine , the introduction of such wells 4 " non-standard drill can be good to alleviate the above mentioned problems .

Are non-standard double shoulder drill pipe drill flood the eye , increase when compared with a conventional drill and the inner diameter of the reduced outer diameter of the joint , thereby reducing the pressure loss and the circulating loop inside the pneumatic drill carbide consumption , larger the water capacity of the eye to improve the efficiency and pumping the drill string , increasing the capacity of the drill string from a variety of cable equipment . Also double step design makes makes more uniform stress distribution at both ends buckle can share the load , reducing the stress concentration at the junction ; improved fatigue resistance , thus prolonging life.

In such drilling site is being used to understand (TK347, TH9211-1, S41-1C2, TH12177CH), such use carbide drill team at the well in good condition . At present, because of the limited number of non-standard drill pipe , can not meet the needs of all wells team .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Jiangxi March tungsten concentrate prices fell by 3.28%

According to Jiangxi Provincial Price Monitoring Authority to identify price monitoring : March , Ganzhou high yttrium oxide ( REE) , yttrium europium compounds ( RE ) retail price of 210,000 yuan per ton , respectively, and 20 million were flat year on year respectively. fell 16.00 percent , 13.04 percent ; Ganzhou retail price of 118,000 yuan per ton tungsten concentrate , fell 1.66 percent , down 3.28 percent .


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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Tungsten mainstream market weakness, the market outlook is expected pessimistic bias

Tungsten market : weaken the mainstream market today tungsten , tungsten scrap business mentality gradually confused , pessimistic market outlook is expected to partial operation less active . Although some manufacturers aimed at very price and offer strong, but still none the actual transaction . Market turnover of more low, especially raw tungsten concentrate and paratungstate decline more obvious because it is difficult to even lower offer to ship the material this week tungsten or no improvement in the city , continuing a steady weak to run.

Molybdenum market : current domestic product molybdenum price gains more fierce , more molybdenum concentrate , molybdenum, iron and other businesses to improve the product outside offer . In addition , the European molybdenum commodity prices remain on the very trend of demand in good condition. Post-market trend is unknown, downstream buyers waiting to see more, so much the actual high turnover phenomenon . Short-term molybdenum market is expected to run on the strong side .

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Paratungstate prices continue to decline, sodium tungstate transaction difficulties

Tungsten concentrate prices continue dropping close to cost price , coupled with lower powder sluggish demand for ammonium paratungstate , ammonium paratungstate factory orders are leading this week paratungstate sharp decline in prices , the current cash has fallen below 170,000 mark, and turnover continued to light, is expected to post the risk of price or still dropping . It is understood that the current APT cash transaction price and more concentrated in the 168,000 yuan / ton in the vicinity , mostly in acceptance transaction price between 17-17.2 yuan / ton, quoted Foreign manufacturers in order to compare prices very strong, concentrated in the 17.3-17.5 Million / tons.

Meanwhile, the market performance of sodium tungstate quiet transaction difficulties , the overall market demand is not strong, which is mainly due to sluggish downstream demand and lower raw material market . However , manufacturers now offer almost flat areas , because it is difficult to even offer lower shipping . It is understood that the current mainstream market quotations are 132,000 yuan / ton in the vicinity , but the actual turnover of more has fallen below 130,000 mark. Businesses operating enthusiasm is not strong, the market waiting to see atmosphere thick .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Nanchang Economic Development Zone Carbide significant new material industrial base prototype

Nanchang Economic Development Zone of major projects this year and vigorously promote industrial , of which over 30 billion yuan of new cars and carbide materials manufacturing base has shown a prototype. Public letter from the Committee of Jiangxi Nonferrous Industry Department learned , Nanchang Economic Development Zone of major projects this year and vigorously promote industrial , of which over 30 billion yuan of new cars and carbide materials manufacturing base has shown a prototype. Nanchang invest 2 billion yuan of new Getrag 550,000 dual -clutch automatic transmission (DCT) project by the end of mass production , to reach capacity in 2015 , the annual output value of 50 billion yuan, 400 million yuan revenue . The project will greatly promote the development of upstream and downstream industry chain , especially the Golden Century Jiang tungsten , Nanchang gear factory -based new materials industry together to form new materials with distinctive characteristics carbide manufacturing base .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Cargo operators confused state of mind, scrap tungsten offer temporary stability

Due to the recent tungsten concentrate prices continued to weaken, waste tungsten business mentality is gradually lost , the market outlook is expected pessimistic side , lower operating enthusiasm . Downstream demand procurement , brokers stockpile enthusiasm is not high , the overall turnover in general, short-term waste tungsten market is expected to remain stable and more potential, temporarily not fall .

Tungsten scrap prices continue to safeguard stability . Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 187-190 yuan / kg, imported scrap tungsten blade 177-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 179-182 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%


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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