Chinese W Concentrates Price Edged Down due to Negative Purchasing

  • Thursday, August 21, 2014
  • Source:ferro-alloys.com

  • Keywords:W concentrates FeW ferrotungsten APT
[Fellow][Ferro-Alloys.com]Chinese W concentrates was offered at RMB-/mt , as downstream demand was depressed.

[Ferro-Alloys.com]Chinese W concentrates was offered at RMB106,000-107,000/mt (USD17,377-17,540/mt, export duty excluded), as downstream demand was depressed. Some miners with high stock had to drop offer, while others were watchful.

A Hunan W concentrates miner offered RMB109,000/mt (USD17,868/mt, export duty excluded), and only sold materials to Minmetals. Minmetals decreased buying volumes, and real transaction price slipped slightly. It is expected that W concentrates future market would keep steady, and rely on indication floor price next month.

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  • [Editor:Mango]

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