China Ammonium Metatungstate Market Is Weak Owing to Low Trading Activity

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China continued the weakness in the week began on April 8 as tungsten institutions and large companies declined their new guide prices for the first half of April one from another, further weakening market confidence. 

Tungsten ore sellers are reluctant to sell their products at low prices, so the transactions of spot resources are limited. High-price products are hardly concluded under weak terminal demand. The quotation of ammonium metatungstate (APT) and tungsten powder smelting factories is more passive as downstream remain low buying appetite. The difficulty in sales and competition of factories weaken the support of costs. The markets now are weak.

Prices of tungsten products on Apr. 12, 2019

Picture of tungsten powder 

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