APT Price Rose Slightly Under the Continuous Increasing Production Cost

Analysis of latest tungsten market from Chinatungsten Online: Returning from the holiday of Labors Day, the price of tungsten concentrate and APT rose slightly and terminal tungsten powder price also picked up under the continuous increasing of production cost. But considering the rising of tungsten raw material prices and strong rised mentality of enterprises, tungsten price will be in an upward trend this week.

For tungsten products, their prices have hit record high for three years recently, partly owing to the stricter environmental protection policy reducing the production of tungsten mines and smelting factories. Terminal demand has not yet followed up closely with the upstream market, so tungsten market will still be stable with good momentum.

Prices of tungsten products on May 7, 2018

Picture of tungsten carbide powder

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