Monthly Tungsten Market Report Oct 2024
2024-11-18 17:52:22 【Print】
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Content
1. Market Highlights 2
2. Economy and Policy 2
2.1 China's foreign trade up 5.3% YoY in Q1-Q3 2
2.2 China's mineral exploration investment rises for third year in a row 2
2.3 China unearths more than 120 mineral deposits in 2023 2
2.4 China launches third batch of third round of central environmental inspections 2
2.5 China's strategic mineral exploration rights transfer up over 200% in Q1-Q3 2
2.6 Kazakhstan extends ban on export of black and non-ferrous metal scrap 2
3. Economy and Policy 2
3.1 Market Movements in China 2
3.1.1 Chinese tungsten concentrate 65%min price trend EXW 2
3.1 . 2 Chinese APT 88.5%min EXW price trend 3
3.1 . 3 Chinese tungsten oxide 99.95%min EXW price trend 3
3.1 . 4 Chinese tungsten carbide powder 99 . 8%min 2 . 5-7.0μm EXW price trend 3
3.1 . 5 Chinese tungsten powder 99 . 95%min 2 . 5-7.0μm EXW price trend 3
3.1.6 Chinese ferrotungsten 75%min EXW price trend 3
3.1.7 Chinese ferrotungsten 70%min EXW price trend 4
3.1 . 8 Chinese tungsten bar 99.9%min EXW price trend 4
3.1.9 Chinese sodium tungstate 68%min EXW price trend 4
3.1.10 Chinese tungsten grinding sward scrap W70%min Co5%min Ex-VAT delivered price trend 4
3.1.11 Chinese tungsten scrap CNC cutting blade W70%min Ex-VAT delivered price trend 4
3.1.12 Chinese tungsten scrap anvil 90%min Ex-VAT delivered price trend 4
3.1.13 Chinese tungsten scrap drill 70%min Ex-VAT delivered price trend 5
3.2 Export Market Movements 5
3.2 . 1 APT 88.5%min FOB China price trend 5
3.2 . 2 Tungsten carbide powder 99 . 8%min 2 . 5-7.0μm FOB China price trend 5
3.2 . 3 Tungsten oxide WO3 99.95%min FOB China price trend 5
3.2.4 Ferrotungsten 75%min FOB China price trend 5
3.2 . 5 Tungsten bar W-4 99.9%min FOB China price trend 6
3.3 Market Movements Abroad 6
3.3.1 Tungsten concentrate 50%min FOB Africa price trend 6
3.3 . 2 European APT 88.5%min in Warehouse Rotterdam price trend 6
3.3.3 European ferrotungsten 75%min in Warehouse Rotterdam price trend 6
3.3.4 Russian ferrotungsten 75%min FOB price trend 6
4. Company News 7
4.1 Ji'an Dehe Tungsten resumes APT production 7
4.2 Fujian Ganmin halts ferrotungsten production 7
4.3 CMOC's Q1-Q3 tungsten and niobium output exceeds expectations 7
4.4 Jiangwu Stark Tungsten resumes APT production 7
5. Producers Statistics 7
5.1 Producers Statistics 7
5.1 . 1 China's tungsten concentrate producers' operating rate down by 12.15% YoY in October 7
5.1 . 2 Chinese tungsten concentrate producers' output down by 14.06% YoY in October 7
5.1.3 Chinese tungsten concentrate producers' stocks down by 80% YoY in October 8
5.2 Data on APT 8
5.2 . 1 Chinese APT producers' operating rate down by 5.88% MoM in October 8
5.2 . 2 Chinese APT producers' output down by 5.88% MoM in October 9
5.2 . 3 Chinese APT producers' stocks up by 15.38% MoM in October 9
5.3 Data on tungsten carbide powder 9
5.3 . 1 Chinese tungsten carbide powder producers' operating rate down by 1.89% MoM in October 9
5.3 . 2 Chinese tungsten carbide powder producers' output down by 1.89% MoM in October 10
5.3 . 3 Chinese tungsten carbide powder producers' stocks down by 28.57% YoY in October 10
6. Import and export statistics 11
6.1 China's ammonium paratungstate export volume up by 48.26% MoM in September 11
5.2 China's tungsten carbide export volume up by 25.88% YoY in September 2024 11
5.3 China's tungsten powders export volume up by167.39% MoM in September 2024 12
5.4 China's blue tungsten oxide export volume up by 297.54% MoM in September 2024 12
5.5 China's yellow tungsten oxide export volume down by 33.81% MoM in September 2024 13
1. Market Highlights 2
2. Economy and Policy 2
2.1 China's foreign trade up 5.3% YoY in Q1-Q3 2
2.2 China's mineral exploration investment rises for third year in a row 2
2.3 China unearths more than 120 mineral deposits in 2023 2
2.4 China launches third batch of third round of central environmental inspections 2
2.5 China's strategic mineral exploration rights transfer up over 200% in Q1-Q3 2
2.6 Kazakhstan extends ban on export of black and non-ferrous metal scrap 2
3. Economy and Policy 2
3.1 Market Movements in China 2
3.1.1 Chinese tungsten concentrate 65%min price trend EXW 2
3.1 . 2 Chinese APT 88.5%min EXW price trend 3
3.1 . 3 Chinese tungsten oxide 99.95%min EXW price trend 3
3.1 . 4 Chinese tungsten carbide powder 99 . 8%min 2 . 5-7.0μm EXW price trend 3
3.1 . 5 Chinese tungsten powder 99 . 95%min 2 . 5-7.0μm EXW price trend 3
3.1.6 Chinese ferrotungsten 75%min EXW price trend 3
3.1.7 Chinese ferrotungsten 70%min EXW price trend 4
3.1 . 8 Chinese tungsten bar 99.9%min EXW price trend 4
3.1.9 Chinese sodium tungstate 68%min EXW price trend 4
3.1.10 Chinese tungsten grinding sward scrap W70%min Co5%min Ex-VAT delivered price trend 4
3.1.11 Chinese tungsten scrap CNC cutting blade W70%min Ex-VAT delivered price trend 4
3.1.12 Chinese tungsten scrap anvil 90%min Ex-VAT delivered price trend 4
3.1.13 Chinese tungsten scrap drill 70%min Ex-VAT delivered price trend 5
3.2 Export Market Movements 5
3.2 . 1 APT 88.5%min FOB China price trend 5
3.2 . 2 Tungsten carbide powder 99 . 8%min 2 . 5-7.0μm FOB China price trend 5
3.2 . 3 Tungsten oxide WO3 99.95%min FOB China price trend 5
3.2.4 Ferrotungsten 75%min FOB China price trend 5
3.2 . 5 Tungsten bar W-4 99.9%min FOB China price trend 6
3.3 Market Movements Abroad 6
3.3.1 Tungsten concentrate 50%min FOB Africa price trend 6
3.3 . 2 European APT 88.5%min in Warehouse Rotterdam price trend 6
3.3.3 European ferrotungsten 75%min in Warehouse Rotterdam price trend 6
3.3.4 Russian ferrotungsten 75%min FOB price trend 6
4. Company News 7
4.1 Ji'an Dehe Tungsten resumes APT production 7
4.2 Fujian Ganmin halts ferrotungsten production 7
4.3 CMOC's Q1-Q3 tungsten and niobium output exceeds expectations 7
4.4 Jiangwu Stark Tungsten resumes APT production 7
5. Producers Statistics 7
5.1 Producers Statistics 7
5.1 . 1 China's tungsten concentrate producers' operating rate down by 12.15% YoY in October 7
5.1 . 2 Chinese tungsten concentrate producers' output down by 14.06% YoY in October 7
5.1.3 Chinese tungsten concentrate producers' stocks down by 80% YoY in October 8
5.2 Data on APT 8
5.2 . 1 Chinese APT producers' operating rate down by 5.88% MoM in October 8
5.2 . 2 Chinese APT producers' output down by 5.88% MoM in October 9
5.2 . 3 Chinese APT producers' stocks up by 15.38% MoM in October 9
5.3 Data on tungsten carbide powder 9
5.3 . 1 Chinese tungsten carbide powder producers' operating rate down by 1.89% MoM in October 9
5.3 . 2 Chinese tungsten carbide powder producers' output down by 1.89% MoM in October 10
5.3 . 3 Chinese tungsten carbide powder producers' stocks down by 28.57% YoY in October 10
6. Import and export statistics 11
6.1 China's ammonium paratungstate export volume up by 48.26% MoM in September 11
5.2 China's tungsten carbide export volume up by 25.88% YoY in September 2024 11
5.3 China's tungsten powders export volume up by167.39% MoM in September 2024 12
5.4 China's blue tungsten oxide export volume up by 297.54% MoM in September 2024 12
5.5 China's yellow tungsten oxide export volume down by 33.81% MoM in September 2024 13