The international tungsten market, overseas tungsten market remains stable. MB tungsten Rotterdam quotation for 47.5-48.5 dollars / kg tungsten.

Hongkong price 53-55 dollars / kg tungsten; ammonium paratungstate European price remained at 410-425 dollars / ton, Hongkong price 433-4 USD / ton on August 2.


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Scrap tungsten market continue to run steady. At present, the main purchase prices of domestic scrap tungsten blade( does not tax ) focus on  the 170-172 yuan /kg.

Imported blade 180-182 yuan /kg, scrap tungsten bit 196-198 yuan /kg; scrap tungsten pure block 218-223 yuan /kg.

The purchase price of grinding material(70% W above) is concentrated in the 2.05-2.15 yuan / degrees, 50-70 degrees 1.9-2 yuan / degrees, 30-40 degrees 1.65-1.75 yuan/ degree.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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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.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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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
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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
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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
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European ferro-tungsten offers hold firm.

The European ferro-tungsten market is expected to remain largely quiet this week following a flurry of buying activity from large downstream users at the end of July. Small volume sales have been booked between USD48.20-48.60kg W d.d.p over the past 4-5 days, and offering prices in the inter-trade market remain firm between USD48.50-49.50kg W in warehouse Rotterdam as of Tuesday.

Tungsten concentrate market continues to be inactive.

China tungsten concentrate prices are stable this week. It is announced the offers for wolframite 65% at RMB160,000t USD403mtu, and the offers for scheelite 65% at RMB159,000t USD401mtu in August, which increased by around RMB5,000t USD12.6mtu compared with those of last month.

But most of the market participants hold wait-and-see attitudes towards the future market, and the trading volume is small in the spot 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:   This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten Picture Center: http://picture.chinatungsten.com
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Tungsten carbide powder suppliers hold offers stable.

China tungsten carbide powder suppliers hold offers firm this week, but the trading keeps thin owing to the soft demand. Many tungsten carbide powder suppliers expressed that under the current tungsten concentrate and APT prices, the tungsten carbide powder prices are hovering at the production cost. While on the weak demand, it is difficult for the tungsten carbide powder prices to move up in a short time.

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

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

HC Starck’s CEO, Andreas Meier told in a recent interview that he believes tungsten demand is starting to stabilize. Prices have stepped down from their 18-month highs and “destocking initiatives in the tungsten supply chain may be coming to an end.”

“Our view remains unchanged that China is heading for more added value-products to be produced in China and if you look how export licences have been reduced we see that outside of China when GDP growth rates recover it will again become very tight,” Meier told.


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 Picture Center: http://picture.chinatungsten.com
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