Yesterday the Minmetals once again raised the tungsten concentrate guide price guide, slightly boosted market confidence, but the overall demand is still weak.

The market price is still lack of momentum. Scrap tungsten market is  in general, the business mentality is relatively good.

The price will not be strong, high scrap of resources is low, scrap market price is still strong. Short-term scrap tungsten market will continue to run steadily.
 

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South Korean tungsten market keeps inactive.

Sources in South Korea tungsten market reported that the consumption for cemented carbide and other kinds of tungsten products keeps low.

South Korean tungsten market keeps quiet as traders and consumers are inactive in purchasing. Most of the downstream customers only purchase from hand to mouth, and watch the market. South Korea market participants will leave market for summer holiday gradually, and it is expected that the market would be quite for a while.

You can visit the following links for more information about  ammonium paratungstate prices(APT  prices).

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

China Minmetals Nonferrous Metals (CMN) has raised its tungsten concentrate price for delivery in August in an attempt to boost market sentiment.

The company's black tungsten concentrate with 65% metal content will be priced at 160,000 yuan ($25,922) per tonne. The price of white tungsten concentrate with 65% metal content will be 159,000 yuan.

Both are 5,000 yuan per tonne higher than Minmetals' July price.

"Large enterprises are trying to maintain prices, while real downstream demand is indeed not so good," a smelter source from Hunan said.

Meanwhile, Jiangxi Ganzhou Tungsten Assn, left its guidance price for August unchanged, with 65% black tungsten concentrate at 155,000 yuan per tonne.

The spot market price of the material was at a historical high of 155,000-158,000 yuan per tonne on Friday, unchanged from a week earlier.

"The current market is full of caution. Trading is not active and most market participants are holding a wait-and-see attitude to the market," a trader from Jiangxi province said.


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



 

China tungsten concentrate market quiet.

China tungsten concentrate prices are stable now. Ganzhou Tungsten Industry Association announced the guiding price of wolframite 65%min at RMB155,000t USD390mtu. But China Minmetals has not published the offers for tungsten concentrate now. Most of the market participants hold wait-and-see attitudes towards the future market.

You can visit the following links for more information about  tungsten concentrate prices.

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