Tungsten market: tungsten market due to funding constraints, businesses require cash settlement, less cash transaction, but there is a certain turnover and price quotations are mostly concentrated in the low range, hold stocks tend to offer today or traded, so some tungsten commodity prices or a small drop. Scheelite cargo shipping business who wishes to increase and decrease the high offer, some traders and downstream buyers also took the opportunity to purchase some of tungsten ore, the mainstream market in the 8.3-8.4 yuan / ton, expected late disadvantaged stability maintenance.

Tungsten market funds are tight, businesses require cash settlement, less cash transaction, but there is a certain turnover and price quotations are mostly concentrated in the low range, hold stocks tend to offer today or traded, so some tungsten price or a small drop .

Macro level, institutions predict March CPI up by 1.3% in the second quarter, lowering the probability of large quasi; multi-bank mortgage rates generally go up 10 percent, housing prices proposed return line; the formal implementation of the deposit insurance system May.


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Tungsten market: businesses operating tungsten little enthusiasm, market sentiment strong, thinly traded, is expected to safeguard stability tungsten prices mainstream today, manufacturers offer a high level of individual tungsten small drop. Few large smelter started home less overall volume and orders, but most small and medium sized smelter home again suspension, businesses generally believe that the recent price of tungsten or hovering in the current price based.

Molybdenum market: lack of demand under international molybdenum prices fell again, although the city has experienced domestic molybdenum multiple positive boost, but in the end still up weak. Steel tender price is still lower than expected, the market waiting to see again enriched atmosphere. Short-term market is expected to continue steady.

Businesses operating tungsten little enthusiasm, market sentiment strong, thinly traded, is expected to safeguard stability tungsten prices mainstream today, manufacturers offer a high level of individual tungsten small drop. Although tungsten City market outlook is still not very clear, but some businesses are still bullish outlook tungsten steel scrap that scrap tungsten steel price still was up late may. Scheelite short term, paratungstate market or a slight increase, but do not rule out the possibility of shock consolidation.

Macro level, multi-sectoral push the New Deal, the release of a stable market signals; state-owned enterprises pay more provinces brewing reform program, and control executives hidden income; Asian investment bank expanded to 42 countries, in Australia or in the next month to join.


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Wolf Mining Company (Wolf Minerals) announced that its 34% growth in Devon near Black Morton (Hemerdon) tungsten tin project reserves, mainly because of the deeper open pits can be opened.

(Drakelands) near the open pit Drake Rand black Morton project completed in the second half of last year, six drilling effort, found its slope can dig deeper, it is possible to add 65 meters down the mine life by 10 years extended to 13 years.

Therefore, it increased to 35.7 million tons of ore reserves, grade tungsten trioxide 0.19%, tin grade of 0.03%. Confirmed in the above reserves (Proved) reserves of 27.9 million tons, outline (Probable) reserves of 7.8 million tons.

Currently, the project is advancing as planned. Once put into operation, will become Britain's first 40 years of the development of new metal mines.


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Near the end, the tungsten market as a whole increased financial pressure, some hold stocks of tungsten concentrate shipments will slightly increase in cash and reducing the high quote, some traders tentative inquiry of tungsten concentrate, resulting in Scheelite deal stalemate, downstream tungsten goods production is relatively slow. Recent tungsten market is expected to wait and see, some commodity prices or slightly lower tungsten, tungsten overall market steady consolidation.

The main factor is the stabilization wait: on the one hand, to be announced in April guided, businesses or wait wait, the operation is not strong positive; on the other hand, and soon to usher in the festival, traders have a short break holiday.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: the end of the financial pressure due to increase in tungsten concentrate shipments will increase cargo operators, and reduce the high offer, some traders and downstream buyers also took the opportunity to purchase some of tungsten ore, the mainstream market in the 8.3-8.4 yuan / ton, expected late disadvantaged stability maintenance. APT and other downstream tungsten smelter home the same financial constraints, operating enthusiasm weakened, more tentative inquiry for tungsten concentrate, resulting in Scheelite deal stalemate, the downstream production of tungsten is relatively slow, with product prices and lower raw material market downward. Recent tungsten market is expected to wait and see, some commodity prices or slightly lower tungsten, tungsten overall market steady consolidation.

Tungsten overseas demand has not yet been improved, the European APT prices continue to fall, the latest MB quote APT Europe quoted at $ 250-275 / ton degrees lower compared to last week's average 10 US dollars / ton degrees. Due to fierce competition in the market wolframite CIS wolframite prices also declined.

Only ferrotungsten overseas prices are relatively strong and sustained a slight rise in the rally, the latest quote ferrotungsten MB Rotterdam 33.6-34.75 dollars / kg, with last week raised $ 0.175 / kg, which is expected perhaps with Vietnam Yang Xing Tungsten suspended due to patent issues tungsten iron production to some extent.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Near the end, the whole market volume was light tungsten, demand continues to slump, lack of business confidence tungsten, tungsten considered late or have lower prices, but by the cost of support, losses were limited. Scheelite recent days cash transaction price or slightly lower, partly Scheelite holding business cash shipments will increase slightly, offer high tungsten products or have dropped.

Molybdenum market: International Molybdenum City because there is not enough demand to support has dropped slightly, the domestic market is still the main stable, companies offer strong, but the result was unsatisfactory, there is no significant increase in the actual volume, sentiment breeding.

Tungsten entire market volume was light, demand continues to slump, APT and other smelters family was unable to cash purchases of tungsten concentrate, resulting in Scheelite deal stalemate, the downstream production of tungsten is relatively slow, lack of business confidence tungsten, tungsten considered late or successively lower prices , but by the cost of support, losses were limited.

Macro level, domestic oil prices down for managing some areas back to 5 yuan era; QFII quota over the first $ 1 billion, A shares hope to introduce more running water; Turkish Republic of Korea announced the same day the application added an investment bank.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn