Last Friday, Tungsten Industry Association of Ganzhou City, Jiangxi Province said it would unify fine tungsten ore, APT, powder and other products offer, and the offers of different traders shouldn’t be over 5% less than it. Most companies agree with it until now.
Currently, APT has been traded at 126000 yuan / ton on the market, with cash and spot goods. Most enterprises prices keep at 128,000 yuan / ton. Gross sand purchase price is 1.13-1.15 yuan / kg at present. Tungsten concentrate price fell slightly. An enterprise bought 70% grade black tungsten concentrate at 83000 yuan / ton.
A manufacturer in Jiangxi said, he is still producing previous orders at 84,000 yuan / ton.
Another manufacturer said that its tungsten ore at 60% degree is sold at 83000 yuan / ton.
APT producers tasks is comparatively tight. An APT manufacturer said its orders at 128000yuan / ton have been signed to late June, and the producer hoped that the market will not rally or drop significantly.
It’s expected that in the next 1-2 months, the tungsten market will not rise significantly, and it will keep steady in short term, but tend to be weak.
|
