Scrap Tungsten Market Return to Stable

Details: Category: Tungsten's News; Published on Thursday, 20 December 2012 18:05; Hits: 3176

The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of domestic blade is ￥171.00-￥174.00/kg; imported blade is ￥182-186/kg; scrap tungsten bit still concentrates on ￥187.00-￥191.00/kg scrap pure tungsten block is ￥208.00-￥213.00/kg.

The price of the content of scrap tungsten grinding material which is more than 70W is ￥1330.00/mtu, 50W-70W is ￥1270.00/mtu, 30W-40W is ￥1110.00/mtu. The prices above are steady. 10W-20W tungsten unit to ￥635.00/mtu while 8W-10W tungsten to ￥571.00/mtu.

Under restriction of both low demand and fund pressure, the market situation keeps low. At the end of year, scrap tungsten resource is short as well as demand, so traders are inactive to deal. Chinatungsten Online predict that scrap tungsten prices will keep steady generally but falling feebly.

In the international market, tungsten concentrate prices show its trend to move up constantly. By the night of 19th, the guiding price of MB ferrotungsten in warehouse Rotterdam maintains $43.00-44.00 per kilogram tungsten; the quotation of ammonium paratungstate keeps $304.00-330.00/mtu.

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