ITIA guidance unchanged, tungsten ore market running smoothly

Yesterday Ganzhou Tungsten Industry Association recently released August wolframite guide price of 155,000 yuan / ton, unchanged from last month, the market is up a lot of hope for the guidance of customers are very disappointed now expecting Minmetals guide price can vary rise, but according to rumors that have been saved Minmetals warehouse full of tungsten ore.
Our investigations are now 65 degrees wolframite mainstream market in 145,000 yuan / ton, low price and then 1000-3000 yuan / ton, and less turnover. Our analysis that the actual market price lower than the guide price of 10,000 yuan / ton, the gap is large, and the downstream smelting enterprises to minimize procurement tungsten, tungsten ore demand is low, guidance and then pull too high or too impractical arbitrary, so August guide price is relatively stable based echoed practical. Tungsten is expected this week we analyze the mainstream market prices will remain at 14-14.7 yuan / ton between.ess. Ferrotungsten market transactions in general, by the high prices of raw materials manufacturers supporting part Ferrotungsten slight increase, but most producers price adjustment underpowered.
Tungsten eletrode market: ITIA guidance unchanged, Minmetals August price increase 05,000 yuan / ton, the actual wolframite mainstream market in 145,000 yuan / ton, the market turnover less. Ferrotungsten market transactions in general, by the high prices of raw materials manufacturers supporting part Ferrotungsten slight increase, but most producers price adjustment underpowered. APT prices stable, the market transactions are not busy; tungsten market deserted, the downstream demand is still weak carbide. The overall amount of resources of tungsten scrap market tightening, offer strong.