Tungsten carbide powder prices edge up as APT rebounds

BEIJING (Asian Metal) 10 Aug 06 – Tungsten carbide powder (2.5-7.0µm) prices rose to around RMB265/kg (USD33.5/kg) d.Asian Metal CopyrightHowever, the source granted that the market is not very active.Asian Metal Copyrightd.Asian Metal Copyright in China over the past few days following the markup of APT, which rose to around RMB172,000t USD246mtu from RMB168,000t USD240kg late July, participants reported.Asian Metal Copyrightp. in China over the past few days following the markup of APT, which rose to around RMB172,000/t (USD246/mtu) from RMB168,000/t (USD240/kg) late July, participants reported.

Producers of tungsten carbide powder in China reported to Asian Metal that they purchased APT at above RMB170,000/t (USD243/mtu) since early August. A source from Jiangxi said they just purchased a batch of APT at a price of RMB171,000/t (USD245/mtu) last week, compared to RMB168,000/t (USD240/mtu) previously.Asian Metal Copyrightp.Asian Metal Copyright

According to the source, the smelter raised its tungsten carbide powder (2.5-7.0µm) to RMB266/kg (USD33.7/kg) d.Asian Metal Copyrightp.Asian Metal Copyrightd.Asian Metal Copyright A source from Jiangxi said they just purchased a batch of APT at a price of RMB171,000t USD245mtu last week, compared to RMB168,000t USD240mtu previously.Asian Metal Copyrightp. from RMB258/kg (USD32.7/kg) d.Asian Metal Copyright5-7.Asian Metal Copyrightd.Asian Metal Copyrightd.Asian Metal Copyrightp.Asian Metal Copyrightd.Asian Metal Copyright last week.Asian Metal Copyright3kg early this week from RMB256kg USD32.Asian Metal Copyright

However, the source granted that the market is not very active. “We raised the price on last Friday due to high prices of APT, and I believe consumers will accept the increased price of tungsten carbide powder within the following two weeks.Asian Metal Copyright “We raised the price on last Friday due to high prices of APT, and I believe consumers will accept the increased price of tungsten carbide powder within the following two weeks.Asian Metal Copyright”

Another producer in Jiangxi confirmed that their tungsten carbide powder (2.5-7.0µm) prices rose above RMB260/kg (USD32.9/kg) d.Asian Metal Copyright9kg d.Asian Metal Copyrightd.Asian Metal Copyright”Another producer in Jiangxi confirmed that their tungsten carbide powder 2.Asian Metal Copyrightp.Asian Metal CopyrightBEIJING Asian Metal 10 Aug 06 – Tungsten carbide powder 2.Asian Metal Copyright this week.Asian Metal Copyrightp.Asian Metal Copyright

“Market demand remains stable, but as APT prices rose, we raised our tungsten carbide powder [2.5-7.0µm] prices to RMB263/kg (USD33.3/kg) early this week from RMB256/kg (USD32.4/kg) last week,” added the source.