Tungsten products are Chengdu's main commodities exported to its fifth-largest trading partner - Japan, as per statistics of the Chengdu Commerce Bureau, from January to September in 2019, the total import and export volume of the city has reached 415.61 billion yuan, an increase of 18.6% year-on-year. Among them, Japan, as the city's fifth-largest trading partner, with import and export figures of 22.79 billion yuan over the same period. The exports are mainly tablet computers, notebook computers, Chinese herbal medicine, tungsten products, etc., and its imports are mainly auto parts.

As the PDC World Darts Championship approaches in just under two weeks, we take a look at the top five combined averages in history of the tournament.

The number one World Championship confirmed average is the 2017 semi-final between Michael Van Gerwen and Raymond van Barneveld.

This is 223.39 and saw MVG hit a 114.05 average and Barney hit a 109.34 average in what was a 6-2 win for the former.

Second also includes Van Gerwen who hit an average of 107.79 and 104.93 for Gary Anderson in the 2017 Final which made for a 212.72 average.

Phil Taylor has the third and fifth highest with 212.12 and 210.82 in victories over Raymond van Barneveld and Mick McGowan. In both matches he only dropped one set.

Flanked in between that is Van Gerwen’s close win in 2017 against Cristo Reyes with a combined 211.34 average in what was at one point the highest losing average for Reyes.

In the latest news coming out of the BDO, it has been revealed in a letter sent to respective counties that the organisation will start charging for its ranking tournaments.

Currently darting bodies don’t have to pay to host e.g a Category A tournament but now they will be charged 5 percent of the prize fund for every tournament for example, a £2,000 prize fund will incur a £100 fee.

This will supposedly go to running tournaments smoother in terms of the equipment used for the I.T so that players have better statistics.

This itself runs to the players as well who all have to pay a £2 levy for every tournament within 7 days of the tournament taking place. Late payment as well will lead to the tournament not appearing on the ranking tables and further fees may be charged.

With the BDO not running every single tournament on the calendar such as the Dutch Open, it will be interesting to see if the darts bodies react to this news. 

Tungsten carbide powder market is projected to reach $2,176.8 million by 2023, the market growth is driven by the increasing demand of tungsten carbide-based machine tools, cutting tools, abrasive products in automotive, construction, mining, transportation, and oil and gas industries.

A Chinese court sold the inventory of bismuth and tungsten bar held by the defunct Fanya Metal Exchange for a total of 672.02 million yuan ($95.47 million), notices on the e-commerce platform hosting the sales showed on Saturday.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market continued to remain stable in the first trading day in December due to lukewarm demand in the terminal market. 

Indian Space Research Organization (ISRO) transfers its independently developed space grade Li-ion cell technology to state-owned engineering giant Bharat Heavy Electricals Limited (BHEL) recently. Last year, BHEL has signed the technology transfer agreement with ISRO for acquiring the latter's Li-ion cell production technology. Accordingly, the organization has transferred its indigenous technology to BHEL.

Tungsten filaments are the standard type filaments widely used in scanning electron microscopes, including the latest released SEM3000 series, released in the “SEM New Products Launch Conference” held in Huishan, Wuxi, on November 29. This series currently includes standard model SEM3000 and professional model SEM3000S.

Analysis of latest tungsten market from Chinatungsten Online

The Chinese tungsten concentrate market has been under pressure since late October due to lukewarm demand from end users after customers retreated from the market. Concentrate suppliers cut their offer prices to encourage buying in the face of weak market confidence. 

China rare earth prices maintain stability in early December due to cautious sentiment of both buyers and sellers. With the approaching of Chinese New Year, due to the country's tightening of environmental protection and rectification, the amount of raw material resources has converged, which has provided a certain degree of boost to the supplier's confidence in the market. The price of products has remained in a narrow range.

China molybdenum prices are unchanged from last week. Under the price increase in the international molybdenum market, domestic market confidence boosts slightly, coupled with the environmental checks, most mining enterprises are difficult in mining raw materials. Therefore, market supply becomes tight and sellers raise their rised mentality. But some purchasers remain low buying appetite. Market deals are limited. On the whole, market outlook is expected to be positive.