Since the market demand keeps sluggish, the ferrotungsten market in Europe is affected to be week recently. The spot goods market in Rotterdam is also cold.

According to dealers, they pessimistically believed that China suppliers might decrease their export prices again and could sway the ferrotungsten price deeply in Europe.

Due to the soft demand, buyers still wait and see and do not rush to purchase ferrotungsten. Traders said those buyers should have stock of ferrotungsten so that they do not need to rush the purchase and wait for the lower price.

Recently, CFR Rotterdam is US$34.20 to 35.20/KG. At the same time, European APT market is also soft, especially in the sport goods market. The quotation of CFR Rotterdam from traders is US$ 260 to 265/MT.