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Chinese Tungsten Market Showed Slack

Wednesday, February 3, 2016
Source:ferro-alloys.com

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Keywords:Tungsten

[Fellow][Ferro-Alloys.com] As Spring Festival is approaching, Chinese tungsten suppliers have less interest in operation, and increasing number of participants were gradually in holiday.

[Ferro-Alloys.com] As Spring Festival is approaching, Chinese tungsten suppliers have less interest in operation, and increasing number of participants were gradually in holiday. In recent period, ferrotungsten 70# was still quoted at RMB100,800-115,000/mt, while USD22.6-23/kg for 75 without tax in Rotterdam of Europe. Since most producers still focused on fulfill early contract with regular clients, market performance showed not active. It is predicted that there were little fluctuation in the price of ferrotungsten in the near future.

[Editor:Sophie]

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