Chinese exporters have been reluctant to sell give

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Tungsten in China after the export supply is very scarce, the seller could not hold stocks in order to wait for higher prices, market insiders said.
"It seems they will not be until March, exported, "one consumer said. "They claim that price is a bit confusing. "
After the Spring Festival in previous years, traders are anxious to sell, and this year has been insisting not hold stocks, a trader said.
Exchange rate volatility also makes the sellers sit this market, once the delivery delay, postpone payments, export costs would rise, then also have to raise prices, traders said. Suppliers claim that customs delays because of fears the case, but refused to offer.
"If the customs of the customs,[link widoczny dla zalogowanych], however,[link widoczny dla zalogowanych], does not want to supply the Chinese traders. Generally, we have to spend days or even weeks to get a firm offer. " he said.
The source said also said that China's offer are generally high, it is difficult to be accepted.
"Their prices are difficult to operate, "he said, "It also shows a strong psychological reluctance to sell. "
He cited a quote ferrotungsten 55 U.S. dollars / lb, but the European price is 47.5-49.25 ferrotungsten USD / kg, which is the price of U.S. traders as a reference benchmark.
Meanwhile, shipments have been scheduled more slowly than before, a customer said.
"Delivery is generally late, and delays are more frequent,[link widoczny dla zalogowanych], "he said.
Offer quite different because, this week did not reach a new deal, leading to the U.S. price of APT in the 305-309 U.S. dollars / short ton. However, if the trading volume increased, the price will reach $ 360 / short ton. Source: [link widoczny dla zalogowanych]