European Ferro-tungsten Prices On May 8,2013
- Details
- Category: Tungsten's News
- Published on Wednesday, 08 May 2013 09:43
Mainstream ferro-tungsten prices in the European market have increased almost USD2.00/kg W since last Wednesday, with sales between USD45.00-45.60/kg W in warehouse Rotterdam being concluded already this week.
As of Tuesday, few stockholders in Europe were willing to offer material for sale below USD46.00/kg W in warehouse Rotterdam, and it appears prices are set to lift further in the coming days as traders sit on stocks of material on hand.
Ferro-tungsten originating from Vietnam has been the principle material in Europe for much of this year, with export prices from China often USD5.00/kg W above figures from Vietnam due to higher tungsten concentrate prices and export quotas.
However, delayed export shipments from the large Vietnamese producer through April and now May have led to diminishing stocks of material in Rotterdam.
You can visit the following links for more information about ferro-tungsten market and tungtsten concertrate 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
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