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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 Tetramolybdate | Grade 1 | 62000.00/T | / |
| Ammonium Heptamolybdate | Grade 1 | 70000.00/T | / |
| Ferro-molybdenum | 60% | 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.
