[ferro-alloys.com] This week, tungsten market mainly runs in a weak and downward status, decline range of tungsten concentrate and APT prices are relatively large because average price of tungsten market of Mar. 2017 forecasted by Ganzhou City Tungsten Industry Association is lower than the transacted price of the market;average price of Tungsten Powder forecasted by Ganzhou City Tungsten Industry Association is nearly the same with the transacted price of the market, so the offer of Tungsten Powder does not lower and continues to be firm.

Reluctant mentality of selling out at a low price of main companies holding goods of Tungsten Concentrate increases and discreetly waiting and seeing mentality of demander also increases, while many downstream manufacturing enterprises that also have finished the purchasing work at the last week and the willing to purchase and buy-in reduces, so the overall transaction in the tungsten market this week reduces.

Currently offers of tungsten products are: Grade I black tungsten concentrate 65% main offer of ready cash including VAT ranges from RMB 75,000 to RMB 77,000; Grade {C}{C}I {C}{C}white tungsten concentrate 65% main offer of ready cash including VAT ranges from RMB 74,000 to RMB 76,000/MT; main offer of ready cash including VAT of Sodium Paratungstate (APT) 88.5% ranges from RMB 117,000 to RMB 121,000/MT; main offer of ready cash including VAT of Ferro Tungsten 70 ranges from RMB 120,000 to RMB 124,000/MT; main offer of ready cash including VAT of protogenesis middle particle tungsten power ranges from RMB 190 to RMB 195/kg.  

• [Editor:Wang Linyan]