The price of tungsten concentrate has been the lowest, it’s too difficult to decline more. While the whole market still be depressed, not easy to take a turn for the better.

[Ferro-Alloys.com]In Apr, 2015, China exported 60mt FeW, down 51.2% compared with 123mt last Apr, up 2times from 20mt in March, 2015.

[Ferro-Alloys.com]Chinese APT transacted at RMB132,000-133,000/mt amid weak demand, but the deals were slim.

[Ferro-Alloys.com]Chinese FeW was offered at RMB146,000/mt by acceptance, as steel mill’s orders were steady.

[Ferro-Alloys.com]Overseas APT kept steady, transacting at USD245/mtu. Despite of export tariff removal, massive smuggling materials repelled routine export. So the transaction volume was not much.

The domestic market of tungsten kept sluggish, the black W concentrates transaction price was RMB77,000-78,000/mt. One of W concentrates manufacturer from Hunan

[Ferro-Alloys.com]After the tariff of FeW was removed, FeW quotation dropped to USD33/kgW.

[Ferro-Alloys.com]Since May, 1st, 2015, Chinese government will change resource tax of rare earth, W and Mo from ad specific to valorem tax.