Chinese FeW Transaction Failed to Show Improvement Dramatically

  • Wednesday, March 9, 2016
  • Source:ferro-alloys.com

  • Keywords:Tungsten
[Fellow][Ferro-Alloys.com] prices of tungsten products in China edged up slightly coupled of days ago amid increasing enquire, but business failed to show better.

[Ferro-Alloys.com] prices of tungsten products in China edged up slightly coupled of days ago amid increasing enquire, but business failed to show better.   
As for tungsten concentrates, the price of 65% black tungsten concentrate quoted at RMB65,000-67,000/ton, the price of 55% black tungsten concentrate lingered about RMB63,000-65,000/ton, up RMB1000/ton averagely from last week.

In terms of APT, price of APT was RMB 99,000-101,000/ton, up by RMB3,000/mt from the previous week.
As for powder, the price of tungsten carbide powder was RMB158-160/kg, the price of tungsten powder was RMB 160-162/kg, increasing by RMB2/kg.

In general, Chinese tungsten products prices kept on track to upward trend in recent period, and participants hold positive attitudes on future market. However, given comparatively slack demand, the chances of tungsten prices may face downturn situation later that would still be great despite producers attempted to push up sale further.

  • [Editor:Jiang Li Juan ]

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