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European ferrotungsten prices decrease slightly

2019-04-28 08:54:27   【Print】
BEIJING (Asian Metal) 28 Apr 19 - The European ferrotungsten 75%min market sees lower prices as the downstream demand remains weak at the moment.Asian Metal Copyright With a regular trading volume of 5tpm, the source expects to sell 5t in April, unchanged from last month.Asian Metal Copyright Mainstream prices for ferrotungsten 75%min are in the range of USD34.Asian Metal Copyright Another European ferrotungsten trader noted that their offer for ferrotungsten 75%min is around USD35.Asian Metal Copyright8-35.8/kg W in warehouse Rotterdam now, down by USD0.2/kg W from last week.Asian Metal CopyrightBEIJING Asian Metal 28 Apr 19 - The European ferrotungsten 75%min market sees lower prices as the downstream demand remains weak at the moment.Asian Metal Copyright As the demand from downstream steel mills shows no signs of rebounding, insiders predict that the prices would show downtrend in the coming week.

A European ferrotungsten trader claimed that they quote USD34.8/kg W in warehouse Rotterdam for ferrotungsten 75%min now, down by USD0.2/kg W from last week.Asian Metal Copyright As the demand from our clients remains quiet, we predict that the price would decrease to USD34.Asian Metal Copyright "The last deal of 5t was concluded at around USD34.8/kg W in warehouse Rotterdam with a regular client in the spot market on Thursday.Asian Metal Copyright2kg W from last week.Asian Metal Copyright As the demand from our clients remains quiet, we predict that the price would decrease to USD34.5/kg W in warehouse Rotterdam in the coming week," said the source, who can accept a counteroffer of USD0.2/kg W for firm bids in the spot market.

With a regular trading volume of 20tpm, the source expects to sell 20t in April, the same as last month. They hold around 10t of stocks in hand.

Another European ferrotungsten trader noted that their offer for ferrotungsten 75%min is around USD35.0/kg W in warehouse Rotterdam at present, down by USD0.2/kg W from last week.Asian Metal Copyright They hold around 2t of stocks in hand.Asian Metal Copyright "We last sold 2t at around USD35.2/kg W in warehouse Rotterdam in the spot market early last week.Asian Metal Copyright However, we have made no new deals since then as most clients hold wait-and-see attitudes," said the source, who predicts that the price would show downtrend in the coming week due to the poor demand from end users.Asian Metal Copyright However, we have made no new deals since then as most clients hold wait-and-see attitudes," said the source, who predicts that the price would show downtrend in the coming week due to the poor demand from end users.

With a regular trading volume of 5tpm, the source expects to sell 5t in April, unchanged from last month. They hold around 2t of stocks in hand.


.Asian Metal Copyright8kg W in warehouse Rotterdam now, down by USD0.Asian Metal Copyright