The average market price of mainly series tungsten products: wolframite concentrate (content ≥65%): 66,000.00 RMB/ton; scheelite concentrate (content ≥65%): 64,000.00 RMB/ton; ammonium paretungstate (content ≥88.5%): 100,000.00 RMB/ton, export price:220.00 $/ton; tungsten powder (content ≥99.95%): 162.00 RMB/kg, export price: 24.00 $/kg; tungsten carbide powder (content ≥99.7%): 160.00 RMB/kg, export price:23.00 $/kg; tungsten bar (content ≥99.95%): 215.00 RMB/kg, export price: 34.22 $/kg.
Influenced by China economic slowdown international commodity price continues to fall down. And many tungsten and other mining companies can’t stand the price pressure so they lay more emphasis on reorganization the company. On the other hand, staple commodities market price continues to fall down making global mining industry merger and acquisition spree to fall down which leaves some space and chance for private equity fund to deploy billions dollars. Previously, mining industry merger was pushed by large mining companies. Due to strong market demand and price increase so these companies activity looking for new capacity. But at present, the merger plan may be laid aside for two or three years. This blank time for many private equity firms is a chance.
Tungsten Manufacturer & Supplier: Chinatungsten Online -http://www.tungsten-powder.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
