Waste tungsten resources tight, price trends higher

As the month of tungsten concentrate guidance with the previous month, tungsten concentrate prices continued to stabilize, tungsten scrap merchants also come to mind calm. As the market gradually tightening resources, transaction prices have begun to become high, although currently there is no significant increase in demand, but the market is very price will is strong, it is expected that more than short-term waste tungsten prices will firm steady.

Tungsten scrap market price trend higher. Currently waste tungsten drill mainstream transaction price excluding tax is still concentrated in the 188-190 yuan / kg, domestic waste tungsten blade 169-171 yuan / kg, imported blade 179-181 yuan / kg, up about $ 1. 30-40 degrees grinding tungsten scrap material concentrated near the trading price of 1.6 yuan / kWh, 50-70 degrees concentrated in the vicinity of 1.76 yuan / kWh, more than 70 degrees concentrated in higher than 1.85 yuan / kWh.

Overseas tungsten City steadily. Ferrotungsten Rotterdam quote 42-42.9 USD / kg tungsten, low dropping $ 0.1; paratungstate Europe offer $ 370-380 / t degrees quotation 365-370 U.S. dollars / metric ton, steady. With the approaching summer break in Europe, is gradually weakening overseas demand is expected to continue short-term overseas tungsten City or weak.


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