China ammonium paratungstate market (APT market) remains quiet with stable prices.

As the demand from the downstream markets does not recover, most of the market participants hold wait-and-see attitudes toward the future market.

A source from an ammonium paratungstate (APT) factory  noted that they make offers for APT at RMB195,000-196,000t USD.

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Owing to the weak demand and the increasing tungsten products prices in China, most of the Japanese customers are inactive in making deals. The tungsten market keeps quiet in Japan this week.

A major tungsten trader based in Japan noted that they have no plan to make deals from January to June. He revealed that they mainly keep producing on the long-term orders. The source said that they receive offers for APT at USD375-385/mtu from China, and some offers are even higher. However, they only could accept the prices at USD360-370/mtu or lower.

The source expressed that although the sales volume for car increases slightly in Japan, it is unlikely for the demand for tungsten products to recover obviously in the recent several months. Looking ahead, he said that they will watch the market for a while, and do not eager to make deals.

Owing to the weak demand and the increasing tungsten products prices in China, most of the Japanese customers are inactive in making deals. The tungsten market keeps quiet in Japan this week. 

Tungsten trader based in Japan noted that the offers from Chinese suppliers increased continuously in the recent days. He said that the offers for APT are at USD385/mtu from China now, and some offers even reach around USD400/mtu. They have no intention in making deals in a short time.

The source reported that they mainly consume the rest of stocks, and even if they have to add some stocks, the trading volume will be small. As for the future market, he said that they will watch the market for a while.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:     sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com.

Vietnamese ferro-tungsten market is active.

As the major ferro-tungsten factories are out of production, the supply is tight in the ferro-tungsten market. The ferro-tungsten prices showed uptrend in the recent days.

It is revealed that their capacity is around 300 tons per month, and they do not intend to run in full capacity in a short time as the current raw materials prices are too high for production cost. They will mainly deal with the long-term orders, and watch the market for a while.

A ferro-tungsten trader based in Vietnam reported that they received more inquiries in the recent days. He expressed that the offers for ferro-tungsten 75% are at USD46/kg W in the local market, which increased slightly compared with those of last week.

The source noted that owing to the tight supply in the European ferro-tungsten market, the ferro-tungsten prices kept moving up in the recent one month. Looking ahead, he thinks that as the supply for ferro-tungsten will not recover in a short time, it is likely for the ferro-tungsten market keep uptrend in the coming days. 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com