[ferro-alloys.com]  Tungsten market runs weak stably after the Dragon Boat Festival and transaction is rarer in the tungsten market. Prudent emotion in the market is strengthening and dealers are waiting in silence to Tungsten enterprises’ recovery production situation after the inspection of environmental protection is evacuated and announcement of guiding price of Ganzhou Tungsten Industry Institute and large-type Tungsten enterprise. 

Along with the coming of slack season of the industry, the weak situation in demand is difficult to improve, and the fall in tungsten price is unavoidable. After the evacuation of inspection of environmental protection in Hunan and Fujian etc., tungsten mine and the downstream smelting plant will recover production, increase of supply will affect the supply and demand pattern.

Main offer of black tungsten concentrate Grade Ⅰ 65% ranges from RMB 82,000 to RMB 84,000/mt; main offer of white tungsten concentrate Grade Ⅰ 65% ranges from RMB 81,000 to RMB 83,000/mt. Main offer of Ammonium Paratungstate APT ranges from RMB 126,000 to RMB 128,000/mt. Main offer of Ferrotungsten 70% ranges from RMB 125,000 to RMB 128,000/mt; main offer of Ferrotungsten 80% ranges from RMB 129,000 to RMB 131,000/mt (70 basic price). Main offer of Ammonium Paratungstate APT ranges from RMB 126,000 to RMB 128,000/mt. Main offer of Medium grain tungsten carbide powder ranges from RMB 198 to 202/kg; main offer of Tungsten Powder ranges from RMB 200 to 205/kg.Main offer of Sodium Tungstate 96% ranges from RMB 86,000 to RMB 91,000/mt.

Bad atmosphere appears in the market, both purchase and operation of downstream are prudent. Many people express that they do not have much confidence in the later market. It is expected that the guiding price of Ganzhou Tungsten Industry Institute and large-type Tungsten enterprise will drop. But step of working start or recovery production is slow and most enterprises of tungsten concentrate express that supply of spot goods is not sufficient, which is in favor of price of tungsten ore market for the short time, so it is expected that its drop space is limited. 

• [Editor:Wang Linyan]