Overseas waste tungsten continue to lower domestic steady watching

Tungsten steel scrap market temporarily stabilized wait-and-see, clinch a deal valence slightly to low. But the price is still relatively strong, the market has no obvious decline. Waste wire drawing mould quotation is relatively confusing, some high priced up to 185 yuan /kg, but also 179 yuan /kg low price, not a business mentality, widening price gap. At present, the waste tungsten bit not including tax price of mainstream is still concentrated in the 188-190 yuan /kg, domestic waste tungsten blade 169-171 yuan /kg, imports of scrap tungsten blade 179-181 yuan /kg.

At present, the waste tungsten grinding material 30-40 traders purchase price concentrated in the 1.45-1.5 yuan / degrees, 50-70 degrees concentrated in the 1.55-1.7 yuan / degrees, 70 degrees or more concentrated in the 1.7-1.75 yuan / degree. The market price of resources is still more, the market is not strong, but the early market funds pressure small, price low willingness of shippers. Expected short-term waste tungsten market steady operation.

Tungsten went abroad. 1 evening MB Rotterdam quotation for 40.5-41 dollars / kg tungsten, down 1 U.S. dollars; ammonium paratungstate European price 360-370 USD / ton, Hongkong price 361-370 USD / ton, to continue the steady. The European market is still in the summer season, the downstream demand is very low, the overall turnover deserted, expected short-term overseas tungsten continued weakening operation.


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