Tungsten carbide powder offers increase in China
2015-03-17 09:00:23 [Print]
BEIJING (Asian Metal) 17 Mar 15 - The demand from the cemented carbide market only shows signs of improvements at present, and most customers purchase the material from hand to mouth. However, owing to the increasing tungsten concentrate and APT prices, the tungsten carbide powder offers move up slightly in ten days.
A source from a tungsten carbide powder factory based in North China expressed that they are on normal production with steady orders now. The source told Asian Metal that the long-term price for medium-sized tungsten carbide powder is around RMB208/kg (USD33.2/kg) signed before, up by RMB2/kg (USD0.3/kg) from that of early March. But the offers in the spot market increase to RMB210-215/kg (USD33.5-34.3/kg) as it is hard to purchase the APT at lower prices in the spot market as the raw material prices are firm at high level.
The source revealed that they have a capacity of 100tpm but only run 50-60% of the rate as their regular clients are still cautious about rebuilding stocks in bulk.
A source from a tungsten carbide powder factory based in South China, with an output of around 150 tons per month, expressed that the mainstream offers for medium-sized tungsten carbide powder increase slightly to RMB213-215/kg (USD34.0-34.3/kg), up by RMB2/kg (USD0.3/kg) from those of early last week. He said orders remain stable but most consumers still make purchase from hand to mouth.
“The current tungsten carbide powder prices are still closed to the production cost, even though we raise offers this week.” said the source, revealing that they bought 20 tons of APT 88.5% at RMB130,000/kg (USD235/kg) by cash payment in early March.
A source from a tungsten carbide powder factory based in North China expressed that they are on normal production with steady orders now. The source told Asian Metal that the long-term price for medium-sized tungsten carbide powder is around RMB208/kg (USD33.2/kg) signed before, up by RMB2/kg (USD0.3/kg) from that of early March. But the offers in the spot market increase to RMB210-215/kg (USD33.5-34.3/kg) as it is hard to purchase the APT at lower prices in the spot market as the raw material prices are firm at high level.
The source revealed that they have a capacity of 100tpm but only run 50-60% of the rate as their regular clients are still cautious about rebuilding stocks in bulk.
A source from a tungsten carbide powder factory based in South China, with an output of around 150 tons per month, expressed that the mainstream offers for medium-sized tungsten carbide powder increase slightly to RMB213-215/kg (USD34.0-34.3/kg), up by RMB2/kg (USD0.3/kg) from those of early last week. He said orders remain stable but most consumers still make purchase from hand to mouth.
“The current tungsten carbide powder prices are still closed to the production cost, even though we raise offers this week.” said the source, revealing that they bought 20 tons of APT 88.5% at RMB130,000/kg (USD235/kg) by cash payment in early March.
Sodium Tungstate WO3 68%min EXW China
Unit:RMB/mt
China sodium tungstate producers' number MoM output increase statistics by province by month
Unit: pcs
