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.

You can visit the following links for more information about  ammonium paratungstate prices (APT prices). Thank you very much! 

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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. 

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.

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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.

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. 

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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.

A source from a major ferro-tungsten factory based in Vietnam expressed that they just resume production, but are not in full capacity now. The source noted that the prices for ferro-tungsten 75% increase to around USD48-49/kg W in the European market now, and some offers are even higher.

Furthermore, owing to the tight supply in the European market, it is expected that the prices will go up further in the near future.

You can visit the following links for more information about ferro-tungsten market. Thank you very much! 

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China tungsten concentrate prices hold stable tentatively.

China tungsten concentrate prices hold stable this week, and most of the market participants watch the market.

A source from a tungsten concentrate factory expressed that they make offers for wolframite 55% at RMB1,660kg USD267kg VAT excluded this week. 

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

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European ferro-tungsten prices still on the rise.

Ferro-tungsten prices in the European ferro-tungsten market firmed another USD1.00kg W last week leaving offers between USD48.40-49.40kg W in warehouse Rotterdam.

Despite a relatively quiet week in terms of consumer buying activity, the tightness in the availability of prompt release material in Rotterdam continued to inflate prices on the inter-trade market. A large European trader of ferro-tungsten claimed that the market remains “a crazy game that everyone is playing”, explaining that trader talk is inflating nearly every parcel of ferro-tungsten.

You can visit the following links for more information about ferro-tungsten market. Thank you very much! 

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China tungsten carbide powder market keeps quiet.

The tungsten carbide powder prices kept stable in the recent days, but as the downstream customers were inactive in making deals, the market was inactive.

It is expected that the tungsten carbide powder market will be quite in a short time. Furthermore, the current tungsten carbide powder prices are under the production cost, and most of the tungsten carbide powder factories are cautious in making deals.

You can visit the following links for more information about  tungsten carbide powder market. Thank you very much! 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:      sales@chinatungsten.com
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China ammonium paratungstate  market (APT market) market sees few deals.

China APT market continues to be inactive owing to the few buying activities. In early last week, owing to the few buying activities, the tungsten concentrate prices eased slightly.

However, someone announced the offers for wolframite in the second half of May, which increased by around RMB3,000t USD7.4mtu compared with those of in first half of this month.

You can visit the following links for more information about  ammonium paratungstate prices (APT 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 Picture Center: http://picture.chinatungsten.com
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China's tungsten reserves account for 70% of the total global tungsten reserves; the output and export volume of tungsten ore have been ranked the first all over the world for a long time. However, the annual total tungsten mining volume is limited, so the tungsten supply is also subject to limitation. China's tungsten ore has supplied the world at low price for long time, and 85% of world's tungsten comes from China.

China's tungsten resources are widely distributed in 23 provinces (autonomous regions),  there are 382 tungsten ores in China, which mainly distribute in Jiangxi, Hunan, Guangdong, Yunnan, Guangxi, Inner Mongolia and Fujian. As for tungsten reserves, China's tungsten resources mainly distribute in Hunan and Jiangxi. As far as the types of tungsten ore, China's main type is white tungsten ore, followed by black tungsten and black-and-white mixed tungsten ore, the proportion is 69%, 22% and 9% respectively.

From 2003 to 2011, China's tungsten ore reserves decreased from 4.2 million tons to 1.9 million tons with the decline of 54.8%. Calculated in accordance with the production capacity in 2010, the current reserves only own 23 years of mining life. China's Oil, Gas and Solid Mineral Resources Reserves in 2012, which was issued by the Ministry of Land and Resources, note that the newly-added tungsten ore was 841,000 tons in 2012.

The output of tungsten concentrate was 124,706 tons in 2012, increased by 122,000 tons over 2011 with the growth rate of 2.25%.

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