Waste low tungsten prices temporarily stable, the overall market remained weak

Weekly opening, tungsten concentrate prices temporarily stable operation, waste tungsten market sentiment remains pessimistic side, low-cost ship strong, the overall market remained weak. With the approaching end of the financial pressure will gradually increase, coupled with the expected bearish market outlook is expected to scrap tungsten market or short-term bias will continue to run.

Waste tungsten temporarily stable prices low. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 175-178 yuan / kg, imported scrap tungsten blades and drawing dies 168-170 yuan / kg, domestic waste tungsten blade 157-160 yuan / kg. 70 degrees above the grinding tungsten scrap material 1.59-1.63 yuan / kWh, 50-70 degrees 1.49-1.59 yuan / kWh, 30-40 degrees 1.39-1.44 yuan / kwh.

Overseas tungsten City decline slowed. The 24th in the evening MB ferrotungsten Rotterdam offer 38.5-39.5 US dollars / kg tungsten, transient stability; paratungstate Europe offer $ 325-345 / ton degrees, highs $ 5; quoted in Hong Kong remained at $ 340-365 / ton degrees. Overall decline narrowed, expected short-term overseas tungsten City or continue weak adjustment.


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