Scrap Tungsten Price Is not Going to Break out Stable Pattern Shortly

The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of bit concentrates on ￥187.00-￥191.00 per kilogram, domestic blade is ￥172.00-￥176.00 per kilogram, imported blade is ￥182-186 per kilogram; scrap pure tungsten block is ￥208.00-￥213.00 per kilogram.

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

Tungsten ore price goes up constantly. Although transaction volume is not satisfied enough, tungsten ore suppliers are more willing to increase their price at the end of year. The situation of scrap tungsten keeps steady. Under the pressure of weak demand and out of production, the change of tungsten ore price seems no driving force. Chinatungsten Online expects that it is hard for market to break out this pattern in short term.

In the international market, mainly oversea tungsten market price keeps stable as usual. By the night of 7th, the guiding price of MB ferrotungsten in warehouse Rotterdam maintains $42.75-43.50 per kilogram tungsten; the quotation of ammonium paratungstate keeps $304.00-330.00 metric tones unit.

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