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Tungsten Market Gradual Return To Steady, Some Tungsten Products Prices Pulled Back Slightly

Today's  Macro Information: Xi Jinping put forward to promote the domestic  supply-side structural reforms to expand the middle-income groups; the  central bank carried out 290 billion yuan MLF operation, tight market  funds face reproduce, overnight Shibor was up two consecutive days;  April 31 largest cities in the survey unemployment rate  dropped to 5.1%; January to April the six LME metals futures fell by  10%; number of international officials in San Francisco Fed released  doves speech; the UK "back to Europe" or issue "stay in Europe," the  deadlocked; overnight market fund is a weaker dollar, crude oil rose boost; upward of $ slowdown remain high and volatile.

Tungsten market: Tungsten Market gradual return to steady, rising  trend has been curbed, some tungsten products prices pulled back  slightly, the outlook is expected, or is still down.
May 17, 2016 the price of tungsten products

Product
content
Domestic Price(RMB)
Export Price(USD)
wolframite concentrate≥65%
77000.00/T
/
scheelite concentrate
≥65%75000.00/T
/
Ferrotungsten≥80%12300.00/T/
APT
≥88.5%124000.00/T
207.00/T
Tungsten powder
≥99.7%193.00/KG
29/KG
Tungsten carbide powder≥99.7%191.00/KG
28/KG
1#Tungsten Rod
≥99.95%245.00/KG
37.65/KG


Molybdenum market: molybdenum concentrate prices firm, but turnover is limited. Ferro Molybdenum prices are currently holding stability, but the  market trading was light, many businesses wait and see attitude.

Today, the average price of molybdenum Main products market
May 17, 2016 Molybdenum Products price

Product
Content
Domestic Price(RMB)
 Export Price

Molybdenum concentrate
55%
950.00/T
/
Molybdenum Oxide≥51%990.00/T
/
Ammonium TetramolybdateGrade 1
62000.00/T
/
 Ammonium HeptamolybdateGrade 1
70000.00/T
/
Ferro-molybdenum60%
67000.00/T
/
Sodium Molybdate≥98%44000.00/T
/
1#MolyPiece≥99.95%177.5/KG
/


Disclaimer:  This offer is based on the market price of tungsten online integrated  production, taking the high market price, the actual price to be based  on specific circumstances. for reference only.

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