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  • Monthly Tungsten Market Report Dec 2020

    2021-01-13 17:37:13   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    This month, driven by the upward price of tungsten concentrate, the overall price of tungsten products went up unilaterally in a stepwise manner. Tungsten concentrate mines held back from selling due to mine maintenance near the end of the year.Asian Metal Copyright Due to the approaching Christmas holiday, some international buyers waited on the sidelines some purchased according to orders.Asian Metal Copyright Traders had difficulties in refilling stocks and suppliers increased prices to test the market.Asian Metal Copyright Ferrotungsten prices rose a bit.Asian Metal Copyright APT 88.Asian Metal Copyright1.Asian Metal Copyright5%min prices rose unilaterally supported by rising raw material prices and low inventory rate of the plants.Asian Metal Copyright In the international market, due to the rising prices in Chinese market, bearish US dollar exchange rate from suppliers, the difficulty in ordering load cartridge, and rising international freight rates, APT 88.Asian Metal Copyright Tungsten powder suppliers raised prices accordingly driven by the price increase of APT 88.Asian Metal Copyright Consumers maintained order-to-order purchases and prices increased supported by rising raw material prices.Asian Metal Copyright5%min and supported by the increase in cemented carbide prices.Asian Metal Copyright Tungsten concentrate mines held back from selling due to mine maintenance near the end of the year.Asian Metal Copyright The tungsten oxide market saw limited deals.Asian Metal Copyright The tungsten oxide market saw limited deals.Asian Metal Copyright Consumers maintained order-to-order purchases and prices increased supported by rising raw material prices.Asian Metal Copyright5%min and supported by the increase in cemented carbide prices.Asian Metal Copyright Ferrotungsten prices rose a bit.Asian Metal Copyright APT 88.Asian Metal Copyright Although downstream steel mills purchased on orders, suppliers raised prices as the operating rate was low and the spot market saw tight supply because of the shortage of raw material.Asian Metal Copyright5%min and supported by the increase in cemented carbide prices.Asian Metal Copyright Driven by raw material prices, the tungsten scrap prices showed an upward trend.Asian Metal Copyright Traders had difficulties in refilling stocks and suppliers increased prices to test the market.Asian Metal Copyright In the international market, due to the rising prices in Chinese market, bearish US dollar exchange rate from suppliers, the difficulty in ordering load cartridge, and rising international freight rates, APT 88.Asian Metal Copyright Thus, the market saw stable deals.Asian Metal Copyright5%min, tungsten oxide and tungsten carbide powder exports and international prices were on the rise.Asian Metal Copyright Tungsten powder suppliers raised prices accordingly driven by the price increase of APT 88.Asian Metal Copyright Due to the approaching Christmas holiday, some international buyers waited on the sidelines some purchased according to orders.Asian Metal Copyright Due to the approaching Christmas holiday, some international buyers waited on the sidelines some purchased according to orders.Asian Metal Copyright Thus, the market saw stable deals.

    .Asian Metal Copyright Ferrotungsten prices rose a bit.Asian Metal Copyright
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