Waste tungsten market is relatively strong, market purchase volume increased

Tungsten concentrate prices did not continue to fall, waste tungsten material business mentality by supporting, market purchase volume increased, expected short-term market continue to stabilise. Tungsten steel scrap prices relatively strong. At present, the waste tungsten bit is not including tax price concentrated in the mainstream 189-190 yuan /kg, domestic waste tungsten blade 168.5-170 yuan /kg, imports of scrap tungsten blade and waste wire drawing die is still concentrated in the 178-180 yuan /kg. The content of W 30-40 of grinding material purchasing price concentrated in the 1.45-1.5 yuan / degrees, 50-70 degrees concentrated in the 1.55-1.65 yuan / degrees, 70 degrees or more concentrated in the 1.65-1.71 yuan / degree.

Overseas tungsten, stability is still down. 22 evening MB Rotterdam quotation for 39.7-40.7 dollars / kg tungsten, stable; ammonium paratungstate European price 360-370 USD / ton, stable; Hongkong price 358-370 USD / ton degree, low down $2. The European summer holiday is coming to an end, the overseas market demand to be released, although trading atmosphere not heating, but fell shortly after the resistance will gradually increase, expected short-term overseas market become more stable.


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