[ferro-alloys.com] Recently, tungsten market is weak and stalemated, prices of tungsten products are stable and down, although part traders holding goods are reluctant to sell at a low price, incrementation of supply of spot goods slows, there is not much phenomenon of frighteningly selling by miners, however, the purchase from the downstream is not active, and part price enquiries continue to be lower, resulting in prices of tungsten products are difficult to be firm, and part enterprises see bearish to the after- market, so there are some enterprises slightly lower their offers.

Currently, Chinese black tungsten concentrate 65% is mainly quoted at 81,000 to 83,000 RMB /Ton, including VAT; white tungsten concentrate 65% is mainly quoted at 80,000 to 82,000 RMB /Ton, including VAT; black tungsten concentrate 60% is mainly quoted at 80,000 to 82,000 RMB /Ton, including VAT; white tungsten concentrate 60% is mainly quoted at 79,000 to 81,000 RMB /Ton, including VAT; black tungsten concentrate 55% is mainly quoted at 79,000 to 81,000 RMB /Ton, including VAT; white tungsten concentrate 55% is mainly quoted at 78,000 to 80,000 RMB /Ton, including VAT. APT is mainly quoted at 126,000 to 128,000 RMB /Ton, including VAT; medium grain tungsten carbide powder is mainly quoted at 198 to 203 RMB /Kg, including VAT; tungsten powder is mainly quoted at 200 to 205 RMB /Kg. Ferrotungsten 70% is mainly quoted at 125,000 to 128,000 RMB /Ton, including VAT; Ferrotungsten 80% is mainly quoted at 129,000 to 132,000 RMB /Ton（70% basic price）, including VAT. Sodium tungstate 96% is mainly quoted at 86,000 to 91,000 RMB /Ton, including VAT.

Although offers of tungsten concentrate have been down slightly since June, the entire range of a price drop is not large, after all, recovery production progress of mine is relatively slow and supply increment is also not much, part enterprises holding goods are still reluctant to sell, so the purchasing at a lower price and buy-in are not easy. Supply and demand parties are still in stalemate and gambling status, but it belongs to a industry consumption slack season from June to August, the real demand of actual consumption of the end market is weak, the buyers mostly purchase for meeting rigid demand, furthermore, supply and demand are partial to be unbalanced in the later market, it is expected that there is still bearish expectation in tungsten concentrate in after-market. 

• [Editor:Wang Linyan]