Tungsten industry leader price increase will lead to price increase of tungsten related products

China is a large country of tungsten resources and tungsten production. Its reserves account for 60% of the world's total, and its output accounts for 85% of the world. Therefore, while China has a significant influence on global tungsten supply, it has also formed a certain degree to the international market. rely. In the case of a bad global economy and a decline in the consumption of tungsten resources, China's tungsten industry has also been greatly affected. Since 2011, due to the global economic downturn and domestic macroeconomic regulation and control, its prices have also been under pressure. It can be seen from the statistics of Asian metal net that the price of tungsten trioxide with a content of 99.95% fell from 272,000 yuan/ton in July 2011 to 190,000 yuan/ton in September 2012, a total drop of 82,000 yuan/ton, a drop of 30. %; the price of 65% tungsten trioxide also fell from 151,000 yuan / ton in July 2011 to 105,000 yuan / ton, a cumulative decline of 46,000 yuan / ton, a drop of 30%. The price of tungsten ore in China Minmetals and Ganzhou Tungsten was mainly due to the stabilization of the domestic macro economy and the improvement in downstream consumption, which boosted its price increase. The tungsten production process is also complex and the industrial chain is long. The main intermediate products include tungsten concentrate, ammonium paratungstate (APT), tungsten oxide, tungsten powder, tungsten carbide powder, tungsten molybdenum wire and hard alloy. The price recovery of the tungsten mine is expected to increase the price of all related products in the tungsten industry chain. From the price trend of pan-thirsty tungsten bars, since the listing on the Kunming Pan-Asian Exchange on April 16, 2012, the highest price has risen to 466 yuan / kg, followed by reduced foreign demand, exports blocked, and domestic macro-control has also curbed demand The price of tungsten rods continued to drop, and the lowest dropped to 353.8 yuan/kg. The cumulative decline was 24%. Although it has stabilized and rebounded recently, it basically shows a box oscillation trend at 370-390 yuan/kg. It is expected that there will be a breakthrough in the short term. . As the domestic economy has basically stabilized and rebounded, monetary policy is generally loose. Considering the stability of housing prices and prices, it is expected that the future macroeconomic policy will be stable in the presidential region, and it is less likely to adopt a policy of further easing. In the international arena, Europe continues to be affected by the tightening policy, and the economy continues to show a sluggish situation, but the debt crisis is generally developing in a positive direction. After the US presidential election, more attention will be paid to whether the US "Financial Governor's Cliff" can be properly resolved. This is not only related to the US economy, but also to the stability of the world economy and politics. However, from the way the two parties in the United States handled the problem in the past. Look, it is expected that the two parties will compromise each other and find a compromise solution to deal with the "fiscal cliff" issue. Generally speaking, the international and domestic macro environment is more complicated. The fundamentals of tungsten and related products are still very fragile, but they are all developing in a good direction. Considering that the prices of related products are at a low level, it is expected that the prices of tungsten and related products will be reasonable. Rising, the magnitude and speed of its rise will depend on macro and basic improvements.

Steel Wire Rope

Brass Plated Steel Wire Rope,Galvanized Steel Wire Rope and Stainless Steel Wire Rope is the basic material of Diamond Wire Saw. The Wire saw is an advanced engineering tool used in the renovation and reinforcement of construction factories. It is a special cutting tool, suitable for cutting hard materials such as reinforced concrete, rock, ceramics, brick walls, etc. The specifications of the wire saw are mainly controlled by beading. The formula of different stones is different. The production of beads should be customized according to the actual situation of the stone to maximize the efficiency. With the continuous research and development and technology accumulation of various production units in my country, the formulation process and manufacturing of domestic diamonds have reached the international leading level.

Wire Rope,Galvanized Wire Rope,Coated Wire Rope,High Strength Wire Cord

Jiangyin Baoneng Precision New Material Co.,LTD , https://www.baonengwire.com