Tungsten market trading atmosphere of calm, smelter received exercise alone rarely home , demand is very weak , but manufacturers offer still strong, miners waiting for the introduction of multi- agency guidance this month , is expected to continue short-term tungsten Costco continue to wait and see .

Macro level, the NDRC premiere rail freight pricing , intended to attract social capital ; March first steel PMI rebounded after three consecutive months of decline ; Eurozone PMI final value of March 53 , the district general increase in output .


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China's largest Carbide professional market - trading center in Jiangsu Xixiashu tool will be completed and put into operation during the year , the current main project has been completed, landscaping, roads and other facilities will be completed acceptance June .

"China Tool town ," said Xixiashu is the birthplace of the tool industry , leading enterprises - Xixiashu Tool Research Institute since the 1980s, it ranked the top five , as the tool industry "Whampoa Military Academy ." Currently, the production of all kinds of tools Xixiashu has more than 700 enterprises , 23 high-tech enterprises , industrial cluster tool output value of 4 billion yuan , industry and trade , and the varieties, specifications , business focus , improve the industrial chain , said tool products nationwide market coverage of 80% of the national market share of carbide tools up to 50% , non-standard tools market share of 30 %, which is an important research and development of tools production base and distribution center .

Jiangsu Construction Tools Trade Center Xixiashu total investment 300 million yuan , construction area of ​​45,000 square meters , in order to build a commercial complex in the form of construction , set tool procurement, information intermediaries , promote integration, business incubators and other functions into one , put into operation after the introduction of more than one thousand merchants can absorb , the annual turnover is expected to reach 30 billion yuan. Trading center set up machinery, tools, equipment , raw materials of metal , alloy raw materials , CNC tool , alloy tool , cutting tool , boutiques and other specialized tools display area , brought together various domestic and industrial tools equipment, has already identified are settled Germany AF, Walter , United States Kennametal , Ocamar other international brands and Hunan Bo cloud Oriental , Zhuzhou Cemented Carbide , Ganzhou tungsten chapter , Xiamen Golden Egret other well-known domestic enterprises , merchants not only from here, " one-stop style " procurement to tool development, production required for a variety of materials, equipment , but also looking for opportunities to expand exchanges and cooperation and market opportunities through this platform. Center also has industrial service centers, corporate headquarters, warehousing and logistics facilities , supplemented by casual dining , business hotel, residential apartments , parking lots , providing a full range of services to merchants settled " with greater ease ." After the center put into operation , the exhibition will also be held regularly tools , building electronic information business platform , driven by rapid increases in the overall level of the tool industry , promote local economic accelerate development.


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Scheelite downstream buyers continue to keep the prices down , the market demand is low, turnover difficulties , more than the actual transaction in the following 1.5 yuan / degrees, and there is still the possibility of dropping . Small businesses operating enthusiasm before the holiday , and more to stabilize the main market .

Tungsten prices continue to fall vulnerable . The current market price of tungsten concentrate in mainstream powder 271-273 yuan / kg, native WC 270-272 yuan / kg, down 1 million, while the actual price has dropped to 270 yuan mostly / kg. Tungsten steel mainstream price 290 yuan / kg, steady ; purity tungsten bar 320 yuan / kg, down 10 yuan ; tungsten electrode grinding rods 405-415 yuan / kg.

Because of tungsten concentrate , tungsten chemical and other raw material prices continue to decline , tungsten products flagging market confidence , keep down costs , merchants offer had continued to fall in the overall decline is difficult to stop . Downstream demand is still very weak , and converting short-term pick up , tungsten products market is expected to continue the recent weak run .


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April 2, 2014 tungsten reference price of all varieties :

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Tungsten concentrate market continues steady downward , downstream buyers continued to lower prices , the market demand is low, turnover difficulties , the actual transaction price is still low, at less turnover of more than 1.5 yuan / degrees, and the risk of post- transaction still dropping .

Tungsten prices continue steady dropping before the Ching Ming Festival , or the mainstream market will stabilize the main tungsten . Many businesses temporarily select the sidelines, waiting for Minmetals other leading large enterprises in April , the latest offer and plan , and then the specific operation .


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U.S. markets tungsten carbide powder prices remain stable at $ 55-60 / kg. Although better than a few months before the market active, but the last two weeks the price has remained stable. The U.S. market demand is stable , expected short-term price will remain at this level.

U.S. purchases of a tungsten carbide powder in four tons monthly users , said tungsten carbide powder contraband spot market prices are still sent to 55-60 U.S. dollars / kg , this month they are to $ 57 / kg purchase price of just one ton of tungsten carbide powder . The person that tungsten carbide powder prices will remain stable in the short term .

"Compared with a few months ago , ( tungsten carbide powder ) price is definitely down , I think prices have bottomed out , " he said. "Now the demand is relatively stable, there will be no short-term price changes . The current demand will ensure that prices will not fall again. While prices will not rise in the short term , but it will not go bad , " a U.S. traders also said that they sold about 1 ton per month tungsten carbide powder , the trading volume in March will also be maintained at this level. He also believes that the current price of tungsten carbide powder at $ 55-60 / kg between steady demand .


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March deserted Russian ferrotungsten market , turnover is slow, steady prices , currently 70% min ferrotungsten local market mainstream prices at 1,050-1,100 rubles / kg ( 40.9-42.8 U.S. dollars / kg tungsten ) .

Russia , a trader said that the current weakness in the local market demand for tungsten, iron , 70% min ferrotungsten mainstream market prices at 1,050-1,100 rubles / kg (U.S. $ 40.9-42.8 / kg tungsten ) , unchanged from last week . "At present we have no ferrotungsten spot , recently we have not received one week buyers of Inquiry tungsten iron , because slow turnover in the future we will demand procurement , " the trader said.

The monthly trade trader called tungsten iron about 10 tons , 2 tons shipped in March . He believes that domestic demand is low tungsten iron , tungsten, iron prices in the short term is expected to be weak stability maintenance .

Russia, another trader said that the current local market continued ferrotungsten light, due to the scarcity of trading , some traders said the market outlook no confidence. "Currently we quote for 70% min Ferrotungsten 1,100 rubles / kg ( 42.8 U.S. dollars / kg tungsten ) , unchanged from last week , we only agreed to supply quotes . Recently one week we received an inquiry , reported late and did not reach a deal , the buyer is not strong intent to purchase , "the trader said.

The monthly trade trader called tungsten iron about 10 tons , which currently holds three tons 70% min Ferrotungsten inventory. He said that the current downturn in market demand , market participants more than watching the market outlook is expected to continue to slow run .


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Tungsten market : Since tungsten concentrate downstream buyers continue to keep the prices down , tungsten chemical and other raw material prices continue to decline , tungsten products flagging market confidence , costs continue to move down , the market demand is low, turnover difficulties , the actual transaction multiple of 1.5 yuan / kWh or less, and there is still the possibility of dropping . Downstream demand is still very weak , and converting short-term pick up , businesses are expected to operate before the holiday enthusiasm little more to stabilize the main market .

Molybdenum market : the continuation of the current molybdenum products market continues to rise beyond the weak negative trend , the venue will to growing businesses up hope . However, due to the low level of market demand , inhibiting the market to pick up the pace . Plans to launch the tender part of the steel , but businesses are expected not ideal. Expected short-term molybdenum market or low maintenance of stability .

Tungsten concentrate market continued deserted , the market is very quiet , turnover is still in a stalemate , only a small amount of turnover and low transaction prices , weak demand and high inventories continued to constrain two problems tungsten prices upward, analyze market volatility think before the Ching Ming Festival little mainstream running smoothly.

Currently tungsten many businesses on the sidelines, the operation is not active on the market in April still have a certain expectation , waiting Minmetals and other large enterprises to implement purchasing and storage . Some market participants are optimistic about the market outlook is not that strong but short-term , mainly because of a lack of demand for support and sluggish macroeconomic environment .


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Because of tungsten concentrate , tungsten chemical and other raw material prices continue to decline , tungsten products flagging market confidence , keep down costs , merchants offer had continued to fall in the overall decline is difficult to stop . Downstream demand is still very weak , and converting short-term pick up , tungsten products market is expected to continue the recent weak run .

Tungsten prices continue to fall vulnerable . The current market price of tungsten concentrate in mainstream powder 271-273 yuan / kg, native WC 270-272 yuan / kg, down 1 million, while the actual price has dropped to 270 yuan mostly / kg. Tungsten steel mainstream price 290 yuan / kg, steady ; purity tungsten bar 320 yuan / kg, down 10 yuan ; tungsten electrode grinding rods 405-415 yuan / kg, steady .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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