Fastmarkets launches tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan price assessment

The launch follows an extended consultation that started on April 8 and ended on May 26.

The new assessment is aimed at providing market participants with an additional reference point, capturing dynamics beyond the tungsten concentrate, ferro-tungsten and ammonium paratungstate (APT) markets.

The specification is as follows:

MB-W-0006 Tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan, $ per kg
Quality: Min. 99.8% W, max. 1,000 ppm oxygen
Quantity: Min. 1 tonne
Location: CIF main ports Europe, US, Japan (other incoterms normalized)
Timing: For material arriving within three months
Unit: USD per kg
Payment terms: 30 days (other payment terms normalized)
Publication: Weekly. Friday, 2-3pm London time.

This price assessment will be part of Fastmarkets’ ores and alloys package.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to Fastmarkets’ tungsten prices, please contact us by email at ores_alloys@fastmarkets.com and pricing@fastmarkets.com. Please add the subject heading “re: tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan, $ per kg.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.