Ferrotungsten traders mentality slightly active, tungsten or reduced price declines

Tungsten and molybdenum absent "in 2015 the total export quotas for agricultural and industrial products", tungsten and molybdenum export quota system or the end of 2015 will be officially. In fact, the current strong economic recovery in the United States, the European economy has gradually stabilized rebound, while the decline in domestic growth, export quotas this year did not run out of tungsten and molybdenum, tungsten and molybdenum export quota policy in fact significance.

However, the normal relaxation of export quotas, which means loosening Chinese export policy, businesses expect post-export duty has also been reduced. This boosted to some extent, the downturn in the export markets, especially tungsten iron traders, slightly active mind, coupled with the recent tungsten iron smelter shutdown, better home, expected short-term price of tungsten, iron or stabilized, the weak stability maintenance based.

APT steady weakening market this week, manufacturers of raw tungsten concentrate cautious purchasing, inventory control, factory very price conscious enhanced external offer multi maintained at 15.2-15.3 yuan / ton, but the actual transaction is concentrated in the 15-15.2 yuan / ton, and the time of payment relative to the previous somewhat elongated, and more is 10 to 15 days to arrive.

Sodium tungstate market started to shrink further, manufacturers received exercise alone rarely survive pressures. It is understood that 96% of sodium tungstate mainstream market quotations concentrated in 11.6-12 yuan / ton, but the turnover is low-cost but gradually approaching 110,000, businesses are not optimistic about the overall outlook of sodium tungstate that post-market prices will continue to decline, quotes may also dropped 110,000 yuan / ton.


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