Tungsten offer high chemical reduction, the spot market volume was light

Downstream alloy powder manufacturers and manufacturers do not have much need for APT procurement, along with tungsten market gradually into the traditional off-season in July and August, businesses operating enthusiasm low, bearish market sentiment strong. It is understood, APT cash price concentrated in the 11.1-11.3 yuan / ton, offer a low cost of support continues to plumb blocked, but the market is to reduce the high offer, the current redemption price foreign manufacturers focused on the 11.4-11.5 yuan / ton, has no 11.6-11.7 yuan / ton in the offer. Expected, APT market price has dropped nearly at the bottom, the latter continued to decline limited space, material July APT prices mainstream or concentrated in 11-11.4 yuan / ton.

Sodium tungstate low market demand, smelters family has been by a single production, strict inventory control, production enthusiasm is low, price, lack of motivation. Compared to other species, the fall of sodium tungstate is lagging behind the recent smelter home outside offer is only down 500-1000 yuan / ton, 96% sodium tungstate Quotations focused on the 9.5-9.6 yuan / ton.


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