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Chinese W Concentrates Price Kept Steady, but Deals were Slim

Thursday, September 25, 2014
Source:ferro-alloys.com

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Keywords:W concentrates FeW ferrotungsten APT

[Fellow][Ferro-Alloys.com]Chinese W concentrates65% was offered at RMB102,000-103,000/mt (USD16,721-16,885/mt, export duty excluded), with low grade transacting below RMB100,000/mt (USD16,393/mt, export duty excluded). The inquires were rather small, so some traders w...

[Ferro-Alloys.com]Chinese W concentrates65% was offered at RMB102,000-103,000/mt (USD16,721-16,885/mt, export duty excluded), with low grade transacting below RMB100,000/mt (USD16,393/mt, export duty excluded). The inquires were rather small, so some traders with inadequate funds had psychology of underselling materials.

Downstream buyers operated partially, resulting in low demand for W concentrates. The entire deals were limited. It is expected that Chinese W concentrates would soften in the near future. Approaching the National Day Holidays, some smelters restock materials, thus transaction volumes will improve a bit.

[Editor:Mango]

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