The domestic economy continues to slump, the actual demand of tungsten market continued weakness, this drag, this week in tungsten concentrate prices again fell slightly, mainly reflected in the white tungsten concentrate prices, wolframite concentrate because of less cargo, shippers sell and slightly strong. At present, the tungsten market more bearish, mostly wait-and-see, cautious operation, is expected to market of tungsten concentrate short-term or temporary vulnerable.

Recently, tungsten market turnover is more concentrate of scheelite, wolframite concentrate little trading. It is understood, the purchaser of Scheelite Concentrate inquiry price is 100000 yuan / ton, half in cash 101000 yuan / ton, shippers foreign quoted price is 103000 yuan / ton, sell the wait-and-see buyers and sellers, not a sign of weakness, clinch a deal the stalemate. It is understood now prices scheelite concentrate more concentrated in cash 101000 yuan / ton.


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Tungsten market demand continues to weaken, and tungsten smelting have to continue to cut offer, tentative order to get success. But the volume is still scarce, demand has been slow to impress,which expected short-term domestic market is still weakening operation.
 
Macro aspect, northeast China reported national 35, some provinces and cities are expected to issue bonds; Ministry of the second batch will eliminate 3 million tons of steel capacity; 6.7 trillion involved, more than 20 provinces and cities designated state-owned assets reform roadmap.

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Due to the recent tungsten concentrate prices continued to decline, leading to scrap market strong, prices start to decline, but the current market turnover. Expected short-term waste tungsten prices or transient stability at.

At present, the waste tungsten material prices fell slightly. The content of W 30-40 of grinding material purchasing price is still concentrated in the 1.45-1.5 yuan / degree, transient stability; 50-70 concentration in the 1.55-1.65 yuan / degrees, 70 degrees or more concentrated in the 1.65-1.71 yuan / degree, fell 0.02-0.04 yuan / degrees. Waste tungsten bit is not including tax price concentrated in the mainstream 188-190 yuan /kg, domestic waste tungsten blade 168-170 yuan /kg, imports of scrap tungsten blade 178-180 yuan /kg, scrap wire drawing die 178-180 yuan /kg. The drill bit market slightly stronger, some merchants offer up trend, other varieties was relatively stable.


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Recently, the Ministry of Land and Resources issued "on land and resources issued 2014 annual total volume control quotas for rare earths tungsten ore mining notice, issued 2014 mines (rare earth oxide REO) mining control index for a total of 105000 tons from tungsten concentrate (tungsten trioxide content 65%) total volume control quotas for 89000 tons of production, distribution of jiangxi tungsten ore mining index is 37750 tons, accounting for 42.42% of the total national index, the total in the country first.

According to the arrangement of notification, the competent department of the Ministry of Land and Resources in Jiangxi province will do a job in index decomposition and issued within 30 working days, which will be the province (area) index allocation issue, announcements, and be submitted to the Ministry of Land and Resources for the record. The competent department of the of Ministry of land and resources at the county level will be signed with the mining enterprise responsibility, clear rights and obligations and liability for breach of contract. The mining right person shall seriously implement the system of rare earth monthly and tungsten quarterly, timely, accurate and standard to carry out online newspaper.

In the notice also states that before June 30, 2015, in addition to the following conditions, stop accepting new rare earth ore and tungsten ore prospecting, mining registration application.

One is the key project approved by the state council and the use of the central geological exploration fund or provincial-level special financial funds to carry out the study, census and necessary detailed survey projects;

Second is large rare earth enterprise groups designated by the state in accordance with the "total amount control of exploitation, mining store balance" the requirements of the rare earth mineral exploration and mining projects;

Three is determined according to the provincial mineral resources development integration scheme of the integration of the mining area, the existing mining right, the need to integrate the mineral exploration right;

Four is the existing mining enterprise within the scope of resources in the mining right, cannot normal production in the project and apply for use original production system to expand exploration of mining areas adjacent to the area; Five is according to the central regions economic support policy, the ministry of land and resources with the relevant people's governments of provinces (area) signed an agreement to support key construction projects;

The central government to the shall support the destitute areas determine direction of support poverty alleviation and development, need to focus on supporting the construction of the project; Six is in line with national industrial policy, mining right setting scheme and mining of mineral resources planning, total amount control requirements, requirements and specifications of the people's government at the provincial level, the need to give support for the construction of the project.

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Rely on resources advantage and the existing industry advantages, Dayu county speed up the pace of transformation and upgrading of traditional tungsten industry, which focus on the introduction of a batch of high technology content, high added value and strong industry associations, new projects to promote the tungsten industry value chain transfer.

With a total investment of 350 million yuan of Dayu county Weiliang Tungsten Industry basic completion of the project main body construction, is currently in development stage, the project introduction of central south university hot alkali ball mill and two patents in the process, using alkali pressure boiling hot ball mill, vibration ball mill, ion exchange, in the process of alkali decomposition process, reaches producing standard, which can achieve an annual output value of 1 billion yuan. Signing up to now, the county industrial park in 49 for tungsten and non-ferrous metal processing, 28 projects under construction.

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APT weak market demand, the market mainstream prices temporarily disadvantaged stabilization: on the one hand, because of the factory or production operation and market supply reduce; on the other hand caused by some institutions continue to purchase APT, APT manufacturer not backlog of inventory, product unsalable.ZhangYuan, Jiang Xiyao rise, hunan spring chang APT near the price is in 162000 yuan/ton, partial businessman for cash-strapped small cheap cash treatment, low price of 160,000 yuan/ton, but the quantity is little, small probability.

Sodium tungstate market particularly quiet, downstream pigment market continues to weaken demand for sodium tungstate, manufacturer production enthusiasm is low, less market inquiry, factory production reduces to maintain old customers , almost no new order. Late sodium tungstate price or will dip slightly weaker as the raw material market, gradually approaching 120,000 yuan/ton.

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Tungsten concentrate rised with suppliers, buyers demand, buyers and sellers stalemate, clinch a deal difficult, no market, has a price downturn in the demand for market participants to late tungsten market don't have good expectations, short-term market is expected to continue to run the weak.

For macro aspect, gasoline and diesel oil price per tonne 190 yuan and 190 yuan respectively; The RMB spot exchange rate high refresh 5 months, the recent settlement of exchange demand increase. External demand improve China's export data better.

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Tungsten concentrate shippers sell, purchase price, buyers and sellers stalemate, turnover difficulties, the city has no price, demand remains in the doldrums, the market does not have good expectations for late tungsten city, although recently because of the influence of raw materials of tungsten concentrate prices caused by the loss, but the price of tungsten concentrate basically is low, has rise may, expected short-term market remain vulnerable to run.

Tungsten belongs to the rare metal varieties, and global reserves are limited, and China tungsten mining and production quotas strictly limit, which is beneficial to the healthy development of tungsten ore mining enterprise; reserves expansion also more conducive to the development of tungsten resources in the domestic leading.


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Tungsten market: tungsten, shippers sell, buyers to suppress the price, almost no city has a price. Both are not a sign of weakness, hard to trade, prices temporarily weak stabilization. Demand remains in the doldrums, the market did not expect the tungsten rose. Sodium tungstate market is very quiet, pigment and so on sodium tungstate downstream market demand remains in the doldrums, the manufacturers of enthusiasm is low, the market inquiry, many manufacturers cut production to maintain old customers, almost no new orders. Tungsten products market weakening operation, business mentality differences, the market turnover is not smooth, strong wait-and-see atmosphere. Expected short-term continuation of weakening trend.

Tungsten market: tungsten market remains in the doldrums, tungsten concentrate almost no price city, little turnover. Spot unsalable serious, most manufacturers to secure capital goods, working pressure, mutual seesaw, light turnover. Waste tungsten market is wait-and-see, overall trading atmosphere deserted, shippers attitude is poor, the current low-cost resources still more, but most offer still stronger. Tungsten businesses currently operating enthusiasm is low, a temporary market.