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[ferro-alloys.com] Prices of Tungsten Concentrate and Ammonium Paratungstate APT that dropped to a greater extent in the earlier stage rise these two days. 

Currently, main offer of black tungsten concentrate Grade Ⅰ 65% ranges from RMB 74,000 to RMB 77,000/mt; main offer of white tungsten concentrate Grade Ⅰ 65% ranges from RMB 73,000 to RMB 76,000/mt, which increased by RMB 2,000. Main offer of Ammonium Paratungstate APT ranges from RMB 116,000 to RMB 118,000, which increased by RMB 1,000. Currently, main concluded price of ready cash of APT ranges from RMB 114,000 to RMB 115,000; along with small rise of price of caustic soda that is a auxiliary material of raw material, finished cost of APT has risen slightly by RMB 500 to RMB 1,000/mt , the processing cost has been already risen appropriately by some smelting plants. Prices of Ferro Tungsten, Sodium Tungstate and Tungsten Powder/Tungsten Carbide have not much fluctuation.

In a short time, downstream smelting plant purchases prudently and conclusion of Tungsten raw material is relatively stalemated and Tungsten market tends to be stable. In a long time, source question decides that raw material will fluctuate, attitude of large-type Tungsten enterprise will influence the market trend.    

• [Editor:Wang Linyan]