8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Monthly Tungsten Market Report Apr 2020
2020-05-12 18:13:31 【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.
Please contact us for a subscription.
1.Market Highlights
Domestic tungsten market in April: In early April, domestic tungsten product prices maintained a downward trend of March. In early April, most suppliers lowered prices in order to obtain more orders due to difficulties in selling. However, with the price of tungsten products constantly approaching the production cost, in mid-April, tungsten product suppliers held back from selling because of their thin profits. Tungsten concentrate suppliers were not willing to sell materials supported by cost, and most suppliers raised prices and held prices firm. In late April, the overall prices for tungsten products basically stopped falling, and showed a slight upward trend. The prices for tungsten concentrate, APT and ferrotungsten began to increase slightly in the mid-late April. However, as the demand in the international market and the domestic market remained weak, the increase was relatively small. Due to the weak end demand, the overall tungsten scrap market operated slowly and prices did not change much.
Foreign tungsten market in April: As the international market saw limited enquiries of tungsten products, most buyers held a wait-and-see attitude towards the market outlook. Due to the weak demand, they refused to carry out large purchases. The export prices for tungsten products continued to move down. However, due to firm domestic prices, prices for tungsten products remained stable in late April.
.
Domestic tungsten market in April: In early April, domestic tungsten product prices maintained a downward trend of March. In early April, most suppliers lowered prices in order to obtain more orders due to difficulties in selling. However, with the price of tungsten products constantly approaching the production cost, in mid-April, tungsten product suppliers held back from selling because of their thin profits. Tungsten concentrate suppliers were not willing to sell materials supported by cost, and most suppliers raised prices and held prices firm. In late April, the overall prices for tungsten products basically stopped falling, and showed a slight upward trend. The prices for tungsten concentrate, APT and ferrotungsten began to increase slightly in the mid-late April. However, as the demand in the international market and the domestic market remained weak, the increase was relatively small. Due to the weak end demand, the overall tungsten scrap market operated slowly and prices did not change much.
Foreign tungsten market in April: As the international market saw limited enquiries of tungsten products, most buyers held a wait-and-see attitude towards the market outlook. Due to the weak demand, they refused to carry out large purchases. The export prices for tungsten products continued to move down. However, due to firm domestic prices, prices for tungsten products remained stable in late April.
.