Chinese tungsten carbide powder export market see inactive
2024-03-26 08:31:23 [Print]
BEIJING (Asian Metal) 26 Mar 24 - Most overseas clients have no confidence towards the future demand and purchase in orders now. Currently, the mainstream export prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm stand at USD38.7-39.2/kg FOB China, up by USD0.2/kg from early this week. Considering that prices of APT88.5%min keep increasing, under the increasing cost of raw materials, insiders predict that the mainstream export prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep firm in the coming week.
An exporter in South China disclosed that they offered about USD39.2/kg FOB China for tungsten carbide powder 99.8%min 2.5-7.0μm and for firm bids we could accept to sell at USD39/kg for firm bids. The exporter added, "Export market saw inactive as most overseas clients prefer to watch the market with limited orders. We only exported about 40t in past two weeks while we could sell nearly about 40t per week before". However, as prices of APT88.5%min keep increasing and most suppliers prefer to offer about RMB187,000/t since early this week. Under the strong pressure of raw materials, the exporter predicts that the mainstream export prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep firm in the coming week.
With a regular monthly export volume of 200t of tungsten carbide powder 99.8%min 2.5-7.0μm, the trader expects to export about 180t in March and exported about 120t last month. They exported about 2,200t in total in 2023. Now they hold inventory of around 50t now, unchanged from a month ago.
Another exporter in South China mentioned, "We offered about USD39/kg FOB China for tungsten carbide powder 99.8%min 2.5-7.0μm and we could accept an concession of USD0.2/kg for firm bids. We didn't make any sales since early this week and last exported about 5t at USD38.6/kg one week ago". The exporter added that export market saw limited orders since early this month and they mainly deliver the orders which were signed last month. They only exported about 20t this month while they exported about 40t last month. However, due to increasing cost of raw materials, they perfer to keep their prices firm and predict that the mainstream export prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep firm in the coming week.
With a regular monthly export volume of 50t of tungsten carbide powder 99.8%min 2.5-7.0μm, the trader expects to export about 20t this month, compared with around 40t last month. They exported about 400t in total in 2023 and hold inventory of around 50t now, unchanged MOM.
An exporter in South China disclosed that they offered about USD39.2/kg FOB China for tungsten carbide powder 99.8%min 2.5-7.0μm and for firm bids we could accept to sell at USD39/kg for firm bids. The exporter added, "Export market saw inactive as most overseas clients prefer to watch the market with limited orders. We only exported about 40t in past two weeks while we could sell nearly about 40t per week before". However, as prices of APT88.5%min keep increasing and most suppliers prefer to offer about RMB187,000/t since early this week. Under the strong pressure of raw materials, the exporter predicts that the mainstream export prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep firm in the coming week.
With a regular monthly export volume of 200t of tungsten carbide powder 99.8%min 2.5-7.0μm, the trader expects to export about 180t in March and exported about 120t last month. They exported about 2,200t in total in 2023. Now they hold inventory of around 50t now, unchanged from a month ago.
Another exporter in South China mentioned, "We offered about USD39/kg FOB China for tungsten carbide powder 99.8%min 2.5-7.0μm and we could accept an concession of USD0.2/kg for firm bids. We didn't make any sales since early this week and last exported about 5t at USD38.6/kg one week ago". The exporter added that export market saw limited orders since early this month and they mainly deliver the orders which were signed last month. They only exported about 20t this month while they exported about 40t last month. However, due to increasing cost of raw materials, they perfer to keep their prices firm and predict that the mainstream export prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep firm in the coming week.
With a regular monthly export volume of 50t of tungsten carbide powder 99.8%min 2.5-7.0μm, the trader expects to export about 20t this month, compared with around 40t last month. They exported about 400t in total in 2023 and hold inventory of around 50t now, unchanged MOM.
