[ferro-alloys.com] At the beginning of the week,  operators are still waiting and seeing the Tungsten market.

Price-cutting of downstream operator increases, and purchase and enquiry of Tungsten Ore slightly decreases. Most traders had concluded their transactions last week, and locked the profit and reduced the stock. Today, the market shows a litter cold.

 Today, higher-position sales price of APT slightly has reduced, and main offer of APT ranges from RMB 12,000 to 12,400/MT; in fact, concluded price of APT mainly ranges from RMB 11,800 to 12,200/MT. Currently, overall offer and transaction are in stalemate, and overall sales enthusiasm of companies holding goods slows down. Start working plans of Tungsten power factories are relatively full, many orders of companies have been arranged to April; most factories have gradually stopped the offer, and mainly keep production for completing the orders in earlier stage. Although purchasing difficulties of raw materials have reduced, many enterprises keep cautious for purchasing raw materials because of the higher price of raw materials. 

• [Editor:Wang Linyan]