Tungsten market: Chinese New Year approaching, the downstream tungsten smelter home late phased stocking, market inquiries increased slightly; tungsten City needs a little warmer, traders, hunters will to a slight increase in potential buyers, tungsten ore, APT low reduction inquiry, then it price, buyers and sellers deal remained deadlocked, the spot is still a lot of the actual transaction, expected to near or relatively strong tungsten prices, the possibility of a slight upward.

Tungsten ore cargo operators reluctant to sell sentiment thicker, increasing the spot market inquiry, the inquiry relative to the end of December and a slight increase, the inquiry raised 2000 yuan / ton. It is understood that, in December 2014 low 60 wolframite Inquiry at 7.7-7.9 yuan / ton, the current inquiry wolframite concentrate in 80,000 yuan / ton, the lowest it has a small amount of 78,000 yuan / ton.

Analysts believe that the reason for the recent rise of tungsten concentrates are: First, the Spring Festival approaching, the downstream tungsten smelters have carried home by the end of stocking, market inquiries increased slightly; secondly, near the bottom of the ore prices, traders and high-priced cargo operators, bargain increased willingness to buy; and finally, holding business continued reluctance to sell, no cargo cover, not buy cheap tungsten ore, had raised the inquiry.


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Tungsten market: It is understood that the end of January tungsten smelter will come home later this month shutdowns, increased by the end of two days of stocking, slightly increasing market inquiry, therefore the time of signing the order earlier this month, and the price is relatively orders last month a slight increase, but by the end demand is low, the double pressure of raw materials inventory constraints, resulting in spot market goods less, distribution market opens inquiry is still expected this month or tungsten firmer commodity prices, but the upside is limited.

Although the agency quoted the crash, but the scrap tungsten market prices remain stable, mainly because traders goods clutched in your hand, do not ship, resulting in spot market goods less, still Inquiry distribution market opened, but less cargo, the middle traders operation more difficult, by this support and tungsten steel scrap prices steady.

Mainstream tungsten steel scrap prices steady, around Christmas and then the specific price is still relatively slight rise, mainly because some manufacturers were late stocking, less cash, big traders to receive scrap tungsten steel, had raised the inquiry. It is understood that before distribution market scrap tungsten drill mainstream 157-159 yuan / kg, now scrap tungsten drill mainstream 158-160 yuan / kg, slightly rose 1 yuan / kg.


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It is understood that two days APT Inquiry increased slightly, most smelters home currently has orders in production, price and signed slightly raised than before, with the offer price gap is small. Before New Year's APT focused on mainstream price 125,000 yuan / ton, or even lower, low-cost or even 123,000 yuan / ton traded, the actual transaction price and then offer a difference of nearly 10,000 yuan / ton; however, after the publication of guidance prices lowest price APT smelter home is 126,000 yuan signing / ton, external offer focused 12.8-13 yuan / ton.

The APT price rise is mainly due to low: First home tungsten smelter shutdowns will come later this month, an increase by the end of two days of stocking, market inquiries increased slightly; the second is the introduction of new environmental laws, Ganzhou factory downtime elongated, output strictly controlled; three is the raw material of tungsten concentrate prices stabilized and rose slightly, APT prices are also affected by this support and slightly firm.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Recently, news came from Hunan Geological Prospecting Bureau, compiled by the Bureau 407 team "Xinshao County, Hunan Lake Creek mine tungsten ore exploration report" filed in the Provincial Department successfully submitted 70,400 tons of tungsten resources, amounting to large-scale deposits. This is the first since 2000 in Hunan nonferrous mineral exploration by filing reports.

New Shao Lake Creek mine tungsten ore exploration team Hunan Geological Prospecting Bureau 407 commercial geological prospecting projects signed in 2010, which lasted four years, the project team completed the field work from detailed investigation into the exploration, geological survey completed 1:2000 2.15 square km, stratabound deposit type for tungsten skarn deposits, mining engineering uncover a single layer of tungsten mineralization up to a maximum of 19 layers, each layer in both mineralized ore distribution. Exploration report which 12 mineralized layers are numbered and estimated the amount of ore resources, a total of 57 ore body delineation, ore body thickness of 0.64 m ~ 17.56 m, with an average grade of 0.367%, the amount of 19.16 million tons of proven tungsten ore tungsten resources of 70,400 tons. Expected mine life of 17 years, the potential economic value of the total of about 80 billion.


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Tungsten market: major institutions guided just introduced this month, market sentiment is still strong, the actual turnover less; as demand continued to slump, while ferrotungsten stock has adequate supply and demand once again highlights, tungsten iron manufacturers take the hard goods, foreign manufacturers Quote difficult firm. And with Jiang W, Minmetals, Ganzhou tungsten tripartite co quoted sharply lower, tungsten market outlook is not expected, tungsten quotes are slightly lower, lower price, more upside.

Because demand continues to slump, while ferrotungsten stock has adequate supply and demand once again highlights, tungsten iron manufacturers take the goods difficult, manufacturers offer external hard firm. 70 base tungsten iron furnace production has fallen below 150,000 yuan quotes / ton; centralized transaction even 14 yuan / ton from top to bottom, 70 extra-base furnace iron production of tungsten has already fallen below 140,000 yuan / ton; 80A ferrotungsten offer relatively strong, mainstream 160,000 yuan / ton down.

It is understood that a small holiday last month, almost no turnover, some manufacturers also take no more than 10 tons of goods, some manufacturers do export trade, before the Christmas holiday last month because of a slight increase in turnover fall stocking.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: two days tungsten prices steady weakening city, watching the market sentiment strong, difficult to deal with the recent raw material prices stabilized stabilized tungsten concentrates, smelter major sustain long-term customers, so prices temporarily stabilized sodium tungstate and sodium tungstate smelter home less enthusiasm for production, the market started low. Inquiry tungsten ore rose slightly, other tungsten products offer still slightly lower, expected in January tungsten City or low consolidation based.

With the recent tungsten concentrate raw material prices stabilized stabilized, smelter major sustain long-term customers, so prices temporarily stabilized sodium tungstate and sodium tungstate smelter home less enthusiasm for production, the market started low. It is understood that 96% of sodium tungstate quoted in 10.4 -10.7 yuan / ton, turnover concentrated in the low range; 98% sodium tungstate quoted in 10.8-11 yuan / ton, the market demand for very few manufacturers take the goods difficult.

As downstream demand remained low powder, and the powder smelter home plan around January 20 will come shutdowns, resulting in APT goods manufacturers greater difficulty walking, manufacturers reduced enthusiasm, mainly in the old orders, signed a new single hard. APT market prices lower again this week, quoted in the mainstream 12.6-13.2 yuan / ton, but the actual transaction more in the 125,000 yuan / ton, or even lower, manufacturers have faced difficulties upside down, according to research to understand the cost of production of APT in now 12.6-12.7 yuan / ton.

Analysts believe that prices continue down this week APT main reasons: ① raw materials continued weak market conditions; ② downstream market demand continues to weaken; enough ③APT stock market, oversupply; ④ Pan Asia yet to see procurement action. Ganzhou Tungsten APT Association January 2015 forecast average price of 133,000 yuan / ton, compared to last month, down 10,000 yuan / ton, down widening.


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