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[ferro-alloys.com ] Long-order of APT signed by Xiamen Tungsten Co., Ltd. for the third time this month, its cash price was RMB 125,000/mt, down by RMB 1,000/mt compared to the price of RMB 126,000/mt last time. APT in the market is mainly quoted at RMB 125,000 to 127,000/mt, and the concluded price is at RM 125,000 to 126,000/mt. Operation of both parties are prudent, and circulation in the market is slow.  

Currently, it is in traditional consumption slack season, purchasing willingness of the downstream smelting plant is weak and waiting and seeing emotion in the market is strong, and spot goods circulation is rare, it is expected that tungsten price may be relatively weak in the stable market in later period. There may have a drop space of RMB 1,000 to 2,000/mt within the month. 

• [Editor:Wang Linyan]