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Tungsten Prices Continue Downward Trend Expect The Market Outlook Stable Development

International:  the United States last week API crude oil inventories fell less than  expected amount; Eurozone April CPI annual or final value is still hard  to improve; the German central bank released the monthly report said the  second quarter economic growth remains strong. China:  the Ministry of Finance issued "Special Award for the restructuring of  industrial enterprises make up fund management approach", the special  prize fund size up to 100 billion yuan; Bureau of Statistics released  April 70 cities housing sales price statistics, inflation slowed cities second  and third tier cities rise; thirteen five strategic emerging industry  development plan before the end of June and strive to be reported. Industry aspects: May steel market volatility down run; commodity  markets decline spread; Chinese economy is still downward pressure,  Shanghai copper rebound underpowered.

Tungsten market: tungsten prices continue downward trend, APT price of  1000-2000 yuan / ton range floating scrap tungsten steel continuous  market was down, the spot market activities tungsten lift, expecting  stable development of the market outlook.

May 18, 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%12400.00/T/
APT
≥88.5%122000.00/T
207.00/T
Tungsten powder
≥99.7%192.00/KG
29/KG
Tungsten carbide powder≥99.7%190.00/KG
28/KG
1#Tungsten Rod
≥99.95%245.00/KG
37.65/KG


Molybdenum market: molybdenum concentrate prices firm up, the market is still a shortage of resources. Ferromolybdenum market stabilization inquiries and transactions, price gains amazing. Molybdenum products, molybdenum chemical stability maintenance run.

Today, the average price of molybdenum Main products market
May 18, 2016 Molybdenum Products price

Product
Content
Domestic Price(RMB)
 Export Price
Molybdenum concentrate55%
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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