Chinese tungsten carbide powder prices stable
2024-03-07 08:27:38 [Print]
BEIJING (Asian Metal) 7 Mar 24 - As prices of APT88.5%min increase slightly, due to firm prices of raw materials, most suppliers prefer to keep their prices firm. Currently, the mainstream prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm stand at RMB271-274/kg (USD37.6-38.1/kg) delivered D/A 180 days, stable from early this week. In view of inactive orders, most consumers hold strong watchful attitudes, insiders predict that the mainstream prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
A producer in South China indicated that they offered about RMB274/kg (USD38.1/kg) delivered D/A 180 days for tungsten carbide powder 99.8%min 2.5-7.0μm and could accept to sell at RMB272/kg (USD37.8/kg) for firm bids. While there showed limited orders this week as few consumers just watched the market. The producer added, "We last sold about 5t at RMB272/kg (USD37.8/kg) early this week and some clients prefer to purchase at RMB270/kg (USD37.5/kg), we refused". Most suppliers of APT88.5%min prefer to keep their prices firm at RMB184,000/t (USD25,559/t) this week or higher. Supported by firm cost, the producer predicts that the mainstream prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
With an annual production capacity of 8,000t of tungsten carbide powder 99.8%min 2.5-7.0μm, the producer produced about 6,800t in total last year. He expects to produce about 500t in July and produced about 300t last month, and holds around 50t of stocks now, unchanged from the same period of last month.
Another producer in North China stated, "We offered about RMB273/kg (USD37.9/kg) delivered D/A 180 days for tungsten carbide powder 99.8%min 2.5-7.0μm and could accept a concession of RMB2/kg (USD0.28/kg) for firm bids. We last sold about 5t at RMB271/kg (USD37.6/kg) early this week". The producer added that they prefer to keep their prices stable as prices of raw materials increase slightly since early last week. The most competitive price of APT88.5%min they received this week stand at RMB184,000/t (USD25,559/t) and they last purchased about 20t at RMB183,000/t (USD25,420/t) one week ago. Supported by increasing cost of raw materials, the producer predicts that the mainstream prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
With an annual production capacity of 5,000t of tungsten carbide powder 99.8%min 2.5-7.0μm, the producer produced about 1,000t in total last year. They expect to produce about 60t this month, unchanged MoM, and holds no stocks now, unchanged from last month.
A producer in South China indicated that they offered about RMB274/kg (USD38.1/kg) delivered D/A 180 days for tungsten carbide powder 99.8%min 2.5-7.0μm and could accept to sell at RMB272/kg (USD37.8/kg) for firm bids. While there showed limited orders this week as few consumers just watched the market. The producer added, "We last sold about 5t at RMB272/kg (USD37.8/kg) early this week and some clients prefer to purchase at RMB270/kg (USD37.5/kg), we refused". Most suppliers of APT88.5%min prefer to keep their prices firm at RMB184,000/t (USD25,559/t) this week or higher. Supported by firm cost, the producer predicts that the mainstream prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
With an annual production capacity of 8,000t of tungsten carbide powder 99.8%min 2.5-7.0μm, the producer produced about 6,800t in total last year. He expects to produce about 500t in July and produced about 300t last month, and holds around 50t of stocks now, unchanged from the same period of last month.
Another producer in North China stated, "We offered about RMB273/kg (USD37.9/kg) delivered D/A 180 days for tungsten carbide powder 99.8%min 2.5-7.0μm and could accept a concession of RMB2/kg (USD0.28/kg) for firm bids. We last sold about 5t at RMB271/kg (USD37.6/kg) early this week". The producer added that they prefer to keep their prices stable as prices of raw materials increase slightly since early last week. The most competitive price of APT88.5%min they received this week stand at RMB184,000/t (USD25,559/t) and they last purchased about 20t at RMB183,000/t (USD25,420/t) one week ago. Supported by increasing cost of raw materials, the producer predicts that the mainstream prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
With an annual production capacity of 5,000t of tungsten carbide powder 99.8%min 2.5-7.0μm, the producer produced about 1,000t in total last year. They expect to produce about 60t this month, unchanged MoM, and holds no stocks now, unchanged from last month.
