• Copper Conc. TC 25%min CIF Chinadown(-3)  07-11|Polysilicon 9N Delivered Chinaup(2)  07-11|Silicon Metal 4-4-1 Delivered Chinaup(300)  07-11|Silicon Metal 4-2-1 Delivered Chinaup(300)  07-11|Molybdenum Scrap Wire 99.95%min Ex-VAT EXW Chinaup(10)  07-11|Erbium Oxide 99.5%min EXW Chinaup(9)  07-11|Antimony Ingot 99.65%min In port Indiaup(140)  07-11|Ferro-silicon 75%min In warehouse Pittsburghdown(-0.03)  07-11|Iron Ore Fine Australian 62%min In port Chinaup(20)  07-11|Dysprosium Oxide 99.5%min EXW Chinaup(45)  07-11|Molybdenum Scrap Cutting 99.95%min Ex-VAT EXW Chinaup(10)  07-11|Iron Ore Fine Australian 62%min CNF Chinaup(2.5)  07-11|Iron Ore Fine Brazilian 65%min In port Chinaup(20)  07-11|Rhenium APR 99.99%min EXW Chinaup(200)  07-11
  • AsianMetal
    Events & Holidays
    event

    Monthly Tungsten Market Report Sep 2021

    2021-10-29 18:19:41   【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

    In September, the Chinese tungsten market kept fluctuating with prices moving up at end of this month. The month of September witnessed a country-wide power supply restriction and carbon neutrality sentiment in China, so supply of chemical raw materials tightened and prices moved up notably.Asian Metal Copyright Consumers from downstream cemented carbide plants felt pessimistic about demand outlook in Q4 and made only hand-to-mouth purchases, leading to limited deals on the market.Asian Metal Copyright Boosted by this situation, APT 88.Asian Metal Copyright5%min prices moved up and tungsten concentrate suppliers kept prices firm as spot supply was tight.Asian Metal Copyright5%min prices moved up and tungsten concentrate suppliers kept prices firm as spot supply was tight.Asian Metal Copyright The month of September witnessed a country-wide power supply restriction and carbon neutrality sentiment in China, so supply of chemical raw materials tightened and prices moved up notably.Asian Metal Copyright Consumers from downstream cemented carbide plants showed weak demand and most plants had no intention to prepare stocks in large quantities at current prices, so the tungsten powder market saw limited deals.Asian Metal Copyright Boosted by this situation, APT 88.Asian Metal Copyright But worrying that prices would rise further, in mid-to-late September some consumers entered the market to make purchases, but deals were still lower than in previous time.Asian Metal Copyright Boosted by this situation, APT 88.Asian Metal Copyright Consumers from downstream cemented carbide plants felt pessimistic about demand outlook in Q4 and made only hand-to-mouth purchases, leading to limited deals on the market.

    On the international market, the export and international market for tungsten raw materials saw inactive deals in September. Though prices in the Chinese domestic market were firm and suppliers intended to keep prices unchanged, the international market still saw uncertain factors as the COVID-19 lingered and international transportation took a long time, so most consumers took a wait-and-see attitude.

    .Asian Metal Copyright Though prices in the Chinese domestic market were firm and suppliers intended to keep prices unchanged, the international market still saw uncertain factors as the COVID-19 lingered and international transportation took a long time, so most consumers took a wait-and-see attitudeAsian Metal Copyright
      Copyright © Asian Metal Ltd All rights reserved.