European traders handling tungsten concentrate 50%min tungsten trioxide that offering prices have held firm between USD255-265mtu CIF China this week.
The strong pricing trend is a result of stable demand from Chinese buyers who saw guideline prices of domestically produced tungsten concentrate increase marginally in April.
One European based trader of tungsten products revealed that his sales volume of Rwandan and Burundi origin tungsten concentrate 55%min tungsten trioxide has held at a consistent level for the past two months despite China.