China’s tungsten reserves account for 70% of the total global tungsten reserves; the output and export volume of tungsten ore have been ranked the first all over the world for a long time.

However, the annual total tungsten mining volume is limited, so the tungsten supply is also subject to limitation.

China’s tungsten ore has supplied the world at low price for long time, and 85% of world’s tungsten comes from China.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

The report, published by ResearchInChina, highlights mineral reserves, supply & demand and development trends of the global tungsten industry, the policy environment, resource reserves, ore type, regional distribution, supply and demand, competition pattern and development trends of the China tungsten industry, the import and export of product breakdown, and the operation, tungsten business and development outlook of nine Chinese industrial players.

China, as the world’s largest tungsten resource country, holds 58.95% of global tungsten reserves and supplies and around 85% of tungsten ore worldwide. In 2012, China newly added 200,000 tons of tungsten reserves and output 131,100 tons of tungsten concentrates, down 3.35% from a year earlier. Exposed to the restrictive policies on control of exploitation amount and export quotas as well as new limited prospecting of resources, etc, the supply and demand in tungsten market is obviously out of balance, and it is expected that Chinas output of tungsten ore will see limited growth in the upcoming several years, and that global tungsten market will be still in tight supply.

The slowdown in downstream demand from machining, electronics, real estate markets in 2012 caused the sluggish development of China tungsten industry, with the consumption of tungsten concentrate decreasing by 15.6% year-on-year and the lingering price slump.

n China, major tungsten producing regions are concentrated in Jiangxi, Hunan, Henan, Guangxi and Fujian, the combined tungsten concentrate of which occupied over 88% of China’s total in 2012. In particular, Jiangxi came out top in terms of tungsten concentrate output, registering 46,500 tons.

In Jiangxi, leading tungsten processing enterprises include Chongyi Zhangyuan Tungsten Co Ltd, Jiangxi Tungsten Industry Group Co Ltd, Jiangxi Rare Earth Metals Tungsten Group Co Ltd, and Jiangxi Xiushui Xianglushan Tungsten Co Ltd, while in Hunan, the counterparts are represented by Hunan Nonferrous Metals Holding Group Co Ltd and Chenzhou Mining Group Co Ltd.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
 

Huidian Research released “Research and Development Prospect of China’s Tungsten Ore Market, 2013-2017”.

Which mainly analyzes the market scale, technical status,market competition status, import, business performance of key enterprises.

It also includes the analysis and forecast of future development in the tungsten ore industry, which can provide enterprises and investors with decision-making reference.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

If  stoping and think deeper, maybe the Chinese are trying to dominate the scrap tungsten market. Carbide tools rely heavily on scrap. If the Chinese take control of that, they will run everything.

Though this theory may thus far be unsupported, it is something to consider given that one of the alleged reasons for reduced tungsten exports from China is that they are consuming more of the metal domestically to produce finished products.

Anetsberger once again points to a less devious motive– the growing industrial needs in China could also explain their desire for scrap.

He agreed, however, with predictions that the current summer lows will rebound, probably around September. After which prices are likely to remain high over the long term, said Anetsberger.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com