China tungsten oxide prices rose 2% so rapidly.

Tungsten smelting, because the main raw material APT shortages, tungsten oxide prices rose 2%. Price of tungsten oxide is 99.95% before 218000-220000 yuan/ton rose to 220000-224000 yuan/ton.

A jiangxi smelters said, "we bear a lot of pressure, because it is hard to get enough APT to maintain production." He predicted that tungsten oxide price will rise again in the next few days, because APT to stop the supply of raw materials suppliers.

The second smelters in jiangxi province says, "yesterday I from a friend as smelters to 208000 yuan/ton price to buy a batch of APT. We will offer tungsten oxide rose to 224000 yuan/ton."

Tungsten oxide export prices from last week's $400 - $405 / mt also rose to $410 - $415 / mt.

Hunan a trader said, "smelters to limit the supply of tungsten oxide, because shortage of APT and export markets of goods is not much." He must have tungsten oxide export prices will rise to $410 / mt this week. "Although the European market buyers earlier this month to reduce procurement, but because of the lack of spot market export price will be higher in the future.

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