Chinese tungsten carbide powder export prices increase
2024-04-18 08:20:42 [Print]
BEIJING (Asian Metal) 18 Apr 24 - As prices of tungsten carbide powder in domestic market keep increasing, most exporters of tungsten carbide powder raise their prices accordingly. Currently, the mainstream export prices of tungsten carbide powder 99.8%min 2.5-7.0μm stand at USD39.7-40.2/kg FOB China, up by USD0.3/kg from early this week. Considering that domestic prices keep increasing, most exporters have low intentions to offer now, insiders predict that the mainstream prices of Chinese tungsten carbide powder 99.8%min 2.5-7.0μm would keep firm in the forthcoming week.
An exporter in Jiangxi stated that they raised their export prices of tungsten carbide powder 99.8%min 2.5-7.0μm to USD40.8/kg FOB China and don't accept to sell at prices below USD40.5/kg this week. They last sold about 20t at USD40.2/kg last week. The exporter added, "Prices of tungsten carbide powder 99.8%min 2.5-7.0μm in domestic market keep increasing now. Under the strong pressure of raw materials, we have to keep our prices firm". Considering that domestic prices keep firm, the exporter predicts that the mainstream export prices of tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
With a regular monthly export volume of 150t of tungsten carbide powder 99.8%min 2.5-7.0μm, the trader expects to export about 100t this month, compared with around 200t last month. They exported about 2,000t in total in 2023 and hold no inventory now, unchanged MoM.
Another exporter in Hunan disclosed, "We offer about USD41/kg FOB China for tungsten carbide powder 99.8%min 2.5-7.0μm and for firm bids we could accept to sell at USD40.8/kg now. But we didn't close any deals at such prices level and last exported about 10t at USD40/kg last week". The exporter added domestic prices keep increasing this month and most suppliers of APT88.5%min increase their prices to RMB196,000/t(USD27,077/t), some suppliers even offer about RMB198,000/t(USD27,354/t). Supported by firm cost of raw materials, the exporter predicts that the mainstream export prices of tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
With a regular monthly export volume of 60t of tungsten carbide powder 99.8%min 2.5-7.0μm, the trader expects to export about 60t this month and exported about 50t last month. They exported about 600t in total in 2023. Now they hold inventory of around 50t now, unchanged from a month ago.
An exporter in Jiangxi stated that they raised their export prices of tungsten carbide powder 99.8%min 2.5-7.0μm to USD40.8/kg FOB China and don't accept to sell at prices below USD40.5/kg this week. They last sold about 20t at USD40.2/kg last week. The exporter added, "Prices of tungsten carbide powder 99.8%min 2.5-7.0μm in domestic market keep increasing now. Under the strong pressure of raw materials, we have to keep our prices firm". Considering that domestic prices keep firm, the exporter predicts that the mainstream export prices of tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
With a regular monthly export volume of 150t of tungsten carbide powder 99.8%min 2.5-7.0μm, the trader expects to export about 100t this month, compared with around 200t last month. They exported about 2,000t in total in 2023 and hold no inventory now, unchanged MoM.
Another exporter in Hunan disclosed, "We offer about USD41/kg FOB China for tungsten carbide powder 99.8%min 2.5-7.0μm and for firm bids we could accept to sell at USD40.8/kg now. But we didn't close any deals at such prices level and last exported about 10t at USD40/kg last week". The exporter added domestic prices keep increasing this month and most suppliers of APT88.5%min increase their prices to RMB196,000/t(USD27,077/t), some suppliers even offer about RMB198,000/t(USD27,354/t). Supported by firm cost of raw materials, the exporter predicts that the mainstream export prices of tungsten carbide powder 99.8%min 2.5-7.0μm would keep stable in the coming week.
With a regular monthly export volume of 60t of tungsten carbide powder 99.8%min 2.5-7.0μm, the trader expects to export about 60t this month and exported about 50t last month. They exported about 600t in total in 2023. Now they hold inventory of around 50t now, unchanged from a month ago.
