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[ferro-alloys.com] This week, tungsten market continues to bear pressure, hesitate and stalemate atmosphere is also as before, and demander inquires a lower price and modestly purchases, and the trading volume of tungsten products is not much.

For now, offer of tungsten concentrate is temporarily stable: offer of Grade-Ⅰblack tungsten concentrate 65% ranges from RMB 73,000 to RMB 75,000/mt; offer of Grade-Ⅰwhite tungsten concentrate 65% ranges from RMB 72,000 to RMB 74,000/mt, but the concluded price at a lower price of white tungsten concentrate has further dropped, and the concluded price at a lower price of white tungsten concentrate 60% has dropped to RMB 70,000/mt.

Offer of sodium paratungstate 88.5%（APT）is further down, now main offer of ready cash including VAT of APT ranges from RMB 114,000 to RMB 117,000/mt; actually concluded price in the market has large difference, concluded price at a lower price of ready cash has RMB 112,000/mt and the actual trading volume is not much.   

Offers of Ferro Tungsten and protogenetic medium grain tungsten powder are stable, and the fluctuation of price is not large; offer of ready cash of Ferro Tungsten 70 ranges from RMB 120,000 to RMB 124,000/mt, and offer of ready cash of protogenesis medium grain tungsten powder ranges from RMB 190 to RMB 194/kg; concluded price at a lower price of protogenetic medium grain tungsten powder has dropped compared to its price of the earlier stage, and is at about RMB 188/kg. Because price of tungsten concentrate has dropped largely, but price of ferro tungsten is still firm, and inquiry and purchase of ferro tungsten is not much, and its trading is mild and conclusion of tungsten powder is also cold, which appeared in a situation of having a price but no sales. Under the situation of rare conclusion, offers of Ferro Tungsten and Tungsten powder may have a certain loose. 

• [Editor:Wang Linyan]