Waste tungsten sidelines temporarily stable prices, the overall weak pattern has not changed

Currently tungsten scrap market decline has slowed, but the tungsten concentrate and tungsten chemical products still in the down channel, the overall weak pattern has not changed. Tungsten market low-cost resources currently spent more businesses continue to cut prices will weaken, so the market temporarily stabilized, but in view of part of the business for the second half of tungsten City market are not high hopes, so scrap tungsten recent market or difficult to improve.

Tungsten steel scrap market stabilized temporarily stabilized. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-187 yuan / kg, imported scrap tungsten blade 173-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 178-179 yuan / kg waste pure tungsten blocks 203-213 yuan / kg. Height scrap tungsten materials 1.68 yuan / kWh, low material about 1.49 yuan / kWh.

Overseas tungsten City stabilized stabilized. On the 10th evening MB Rotterdam ferrotungsten offer 38.5-39.2 U.S. dollars / kg tungsten, ammonium paratungstate Europe offer 340-360 U.S. dollars / metric ton, quoted in Hong Kong dollars 358-370 / t degrees, steady. Overseas demand for slow release, but did not improve the overall turnover and, therefore difficult to stabilize the market operation, expected short-term overseas tungsten Costco will continue to narrow adjustment.


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