It is reported that China may uplift ferrotungsten and ammonium paratungstate export duty in a bid to protect mineral resources. It is forecasted to be implemented on January 1st 2008.

Chinese government is taking strict measures against its tungsten alloy export, cutting tungsten alloy export quota by 500 tonnes to 14900 tonnes in 2008. At the present time, China traders quote APT export price at 240 USD per tonne unit, but market price in EU has decreased to USD 239 per tonnes USD 240 per tonne.

China ferrotungsten export price is at USD 33 per kilogram W to USD 33.5 per kilogram W and tungsten concentrate price is CNY 95,000 per tonne to CNY 97,000 per tonne in China home market.