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Buyer more market share advantage, tungsten ore prices dropping again

Category: Tungsten's News
Published on 18 September 2014
Hits: 1499

Because tungsten market remains in the doldrums, demand has not yet been improved, businesses generally tight liquidity, market and other high backlog of inventory, today tungsten concentrate prices dropping slightly again, the actual cash price 60 grade scheelite has been concentrated in the 100,000 yuan / ton or low point, and with ticket prices with no ticket prices falling more violent, and the mine is expected to post price or continue steady weakening.

Buyers aspect does not currently accept more than 100,000 yuan / ton of ore, and continues to suppress the inquiry, the actual buying more cautious. Purchaser said: big companies did not save the city, late tungsten concentrate prices may still fall, do not rush to buy.

At the same time, hold stocks of tungsten concentrate shipments will increase, and the mood more impulsive, ill at ease, confidence in the market outlook is weaker, the original firm's offer also slow down, there are still differences between buyers and sellers psychological level, the current actual market transactions still light.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Tungsten scrap material recyclers interested in lower prices, the overall volume of scarce

Category: Tungsten's News
Published on 18 September 2014
Hits: 1488

Due to poor tungsten concentrate prices, scrap tungsten material recyclers interested in lower prices, the overall volume scarce. Short-term market is expected to die hard tungsten scrap weak pattern. Waste tungsten grinding material price trend lower. At present, the content of the purchase price of 30-40 degrees W concentrated in 1.4-1.45 yuan / kWh, 50-70 degrees concentrated in 1.5-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.7 yuan / kWh. Tungsten scrap prices fell slightly. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 187-190 yuan / kg, domestic waste tungsten blade 167-169 yuan / kg, imported scrap tungsten blade 177-180 yuan / kg, down 1-2 yuan. Waste drawing die mainstream price 180 yuan / kg, slightly higher in some areas of Hebei about 2 yuan. Currently actual tungsten steel scrap market transactions are still mostly focused on low-cost resources.

Overseas tungsten City steadily. On the 17th evening MB Rotterdam ferrotungsten offer 40-41 USD / kg tungsten, steady. Paratungstate Europe offer 345-360 U.S. dollars / ton level, low dropping $ 5; Hong Kong offer remained at between $ 358-370 / t degrees. Overseas demand for the release is slow, poor market sentiment, trading atmosphere was still deserted, or expected short-term overseas markets remain weak trend.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten Project in Portugal Has Identified an Exploration Target in Licence Area

Category: Tungsten's News
Published on 18 September 2014
Hits: 1668
W Resources (LON:WRES) said its 1,500 metre drilling programme on the Tarouca tungsten project in Portugal has identified an “outstanding” exploration target in the north-eastern portion of the licence area.
 
The update followed the completion of the final five of 15 holes, which uncovered further “significant” high grade mineralisation.
 
This included 3.29 metres at 1.13% tungsten trioxide from 54.55 metres.
 
In all six samples contained in excess of 1% tungsten trioxide close to surface. A further ten were between 0.1% and 1%.
 
Chairman Michael Masterman said: "We already have great grades in surface sampling and these latest results further reinforce the earlier findings with high grade drill intersections.
 
tungsten mine 2
 
“This exploration programme has formed a strong basis to understand the Tarouca deposit and identified thick zones of Tungsten mineralisation.
 
“We will consolidate the work and results to date, and appraise the north-eastern exploration prospect for further targeted drilling in the New Year."
 
Separately, W Resources said exploration continues on the CAA/Portalegre licence with trenching work along the 10km copper gold anomaly complete.
 
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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Vital’s Tungsten Project Costs $172 Million

Category: Tungsten's News
Published on 18 September 2014
Hits: 1483
A definitive feasibility study (DFS) into the Watershed tungsten project, in Queensland, has placed a $172 million price tag on the project’s development, owner Vital Metals reported on Wednesday.
 
The DFS concluded that the project could support a 2.5-million-tonne-a-year operation for a mine life of ten years, based on a maiden ore reserve of 21.3 million tonnes, grading 0.15% tungsten, for 31 400 t of contained tungsten.
 
tungsten mine
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

Chinese APT Price Kept Steady, While International APT Price Softened

Category: Tungsten's News
Published on 18 September 2014
Hits: 1472
Chinese APT was offered at RMB163,000-164,000/mt (USD26,721-26,885/mt, export duty excluded) due to sluggish demand. APT transaction price lowered with its raw materials cost. APT suppliers produced according to their orders. It is expected that APT price would lack upward momentum because of low transaction volume in the market.
 
APT price
 
After summer vacations ended, European market recovered much. Exporters received some inquiries, but they couldn’t reach agreement. Japanese and S Korean customers mainly purchased APT from China, so Jiangxi exporter sold several containers at USD360/mtu. It is expected that overseas APT would keep steady, as the demand didn’t rise much.
 
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

Tungsten Market Has Frustrated, But Shippers' Willingness to Sell Increases

Category: Tungsten's News
Published on 18 September 2014
Hits: 1421

There is strong wait-and-see mood in tungsten market, the overall price remains weak, as well as the spot dealing volume is less. Tungsten mines have been exploiting with increasing supply. Smelting factory such as ferro tungsten or APT factory has low production enthusiasm just for deepening environmental awareness and weak demand, besides, the demand of tungsten concentrate is more sluggish. In addition, due to the original inventory in the market, at present tungsten concentrate supply exceeds demand, which have become increasingly serious. The quotation of tungsten concentrate fall little today, and raw tungsten price fall by 0.01 yuan/degree, but tungsten concentrate price decline unobvious, and the high price reduced, the dealing of scheelite concentrate mostly concentrated in 100000 yuan/ton or less.

"The Golden September" is no longer busy season, market confidence has been frustrated, and the shipper will delivery, the purchasers are cautious to buy and push down inquiry just as tungsten price may fall again later. This week it is expected that tungstn market will remain weak, and the dealing price of 60-grade scheelite concentrate will fall to 100000 yuan/degree.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

Tungsten Scrap Market Runs Smoothly, But the Mentality of Businessmen Tends to Weak.

Category: Tungsten's News
Published on 18 September 2014
Hits: 1481

Tungsten scrap price continues to run smoothly, some offers in Jiangsu and Zhejiang area have been lowered in the range of 1 yuan/ton, basically no high dealing and little low dealing. The mentality of businessmen has weakened. Offers in Hebei province remained steady with no willingness to lower, as tungsten concentrate market is hard to improve in short term, it is expected that tungsten scrap price may fall.

Tungsten scrap market has been weakening. At present, the purchasing price of 30-40 degree W grinding material focused on 1.45 to 1.5 yuan/degree, 50-70 degree was around 1.55 to 1.65 yuan/degree, over 70 degree concentrated in 1.65 to 1.71 yuan/degree. The price of tungsten scrap blade is 169 to 170 yuan/kg in domestic, and imported tungsten scrap blade and scrap wire drawing die is 179 to 180 yuan/kg, the offer of tungsten scrap is still in 189 to 190 yuan/kg.
 
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

There Are More Wait-and-See Attitude in Tungsten Market with Depressed Demand

Category: Tungsten's News
Published on 18 September 2014
Hits: 1619
Tungsten price continues to be weak, the majority of market participants held the attitude of wait-and-see. The spot trading of tungsten concentrate maintains weak, and the dealing price goes on falling. Moreover, the main quotations are gradually closer to the range of low price. Most smelting factory such as APT factory are cautious to purchase just for tungsten price continues to fall, and the grocers still have certain expectations to the later market so that they are not willing to sell out at a loss, therefore the whole dealing in spot market is thin.
 
 
It is known that the dealing volume was scarce last week. the sold price of 60-grade wolframite concentrate mainly focused on 101000 yuan/ton, and 60-grade scheelite concentrate was around  99000 yuan/ton in cash. However, businessmen have less expectation to the later market, and it is expected that the dealing price may drop slightly in short term.
 
 
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

Tungsten market continued weaker, slightly lower price

Category: Tungsten's News
Published on 17 September 2014
Hits: 1719

Tungsten market: tungsten market continued weakening, raw tungsten concentrate cargo shipping business increased willingness to hold the purchaser dominant ore prices were weighed again, price slightly lower, with the weakening of the powder market transactions, businesses cut prices wishes began to increase gradually reduced offer, given the current overall market weakness, the downstream waiting to see atmosphere, only part of the on-demand procurement, trading atmosphere deserted. This week or temporarily disadvantaged maintenance of stability, but later there is still a slight decline in danger.

Read more …

Tungsten smelter family to survive the pressure increases, the cash price drop

Category: Tungsten's News
Published on 17 September 2014
Hits: 1499

Tungsten market continued to slump, tungsten chemical market downturn, demand continues to slump, profit margins continue to compress smelter home, survive the pressure increases, the manufacturers very price conscious of foreign offer basically remained stable, but the actual transaction strong but difficult, especially successful transaction the cash price decline is more obvious, although the spot market volume was light.

Sodium tungstate downstream market demand continues to slump, most manufacturers pessimistic about the market outlook, but by the cost of support, manufacturers offer a basic stability maintenance, 96% sodium tungstate offer basically concentrated in the 12.4-12.8 yuan / ton (cash - acceptances), APT it is difficult to operate the smelter home reflects, despite a slight decrease in the price of raw materials tungsten concentrate, but the downstream demand remained weak, unmarketable products more than raw materials. It is understood that now APT cash transaction price has completely fallen below the 160,000 mark, the mainstream focus on 158,000 yuan / ton down. However, the actual turnover was Yindie phenomenon, is expected to post the mainstream market quotations or will fall.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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