From late March, the tungsten concentrate prices moved up gradually because some companies purchased materials in relatively large quantities, and the tungsten concertrate market showed the uptrend. Many tungsten concentrate suppliers hold offers firm and even increase slightly, but the trading volume does not improve obviously with the soft demand.

 Tungsten concentrate market shows uptrend. The offers are increasing, but the transaction price moves up slowly. He said that the offers for wolframite 60% are at RMB120,000-122,000/t (USD295-300/mtu), and some offers are higher in the spot market.

The source added that the trading volume does not recover obviously, and many downstream customers still purchase from hand to mouth. It is expected that the tungsten prices will be firm and increase further as the suppliers do not eager to sell materials with the firm offers.

An end-user said that they purchased a batch of wolframite 55% at RMB118,000/t(USD290/mtu) late last month. The offers increase to around RMB118,500-119,000/t (USD292-293/mtu) this week, and some offers are higher in the spot market.

The source expressed that under the current tungsten concentrate prices, they have to make offers for APT at RMB181,000-182,000/t (USD327-329/mtu). However, the customers are cautious in making deals, and watch the market for a while. Looking ahead, he said that the tungsten concentrate market will go up slightly in the near future.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Tungsten carbide is an inorganic chemical compound that contains equal numbers of tungsten and carbon atoms. It is sometimes colloquially referred to as simply "carbide." In its most basic form, it is a fine gray powder, but it can be pressed and formed into shapes for use in industrial machinery, tools, abrasives, as well as men's jewelry.

Tungsten carbide powder market continues to be quiet now as many China market participants just go back to the market. The trading volume keeps at low level.

Owing to the increasing raw materials prices, the tungsten carbide powder prices increase slightly. But the downstream customers are cautious in making deals now. 

European suppliers handling Central African origin tungsten concentrate explained that a slight drop in buying activity during the second half of last week had been expected due to the Qingming festival in China meaning many tungsten plants temporarily slowed activities.

However, sources stated that on the whole demand from buyers in Asia remains strong, and with domestic China tungsten concentrate figures holding firm in recent weeks, the tungsten concentrate 50%min WO₃ seen last week between USD250-260mtu CIF China are very appealing to buyers. 

You can visit the following links for more information about tungsten concentrate prices. Thank you very much!

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

European producers of tungsten carbide 99.7%min held sale prices stable between EUR45.00-47.00kg d.d.p depending on grade and grain size through the second half of March.

However, despite another month of poor manufacturing output and dwindling levels of new orders across the eurozone in March, European prices of tungsten carbide 99.7%min look set to increase closer to EUR48.00kg d.d.p in the early stages of Q2 2013 due to a delayed reaction to a sharp pickup of Ammonium Paratungstate prices in February, and growing downstream demand from manufactures producing parts for the mining industry.