Ferro Tungsten and APT Prices Set to Stabilize in China

Analysis of latest tungsten market from Chinatungsten Online

The latest ferro tungsten and ammonium paratungstate (APT) prices in China start to stabilize with eased supply shortage of raw materials after the National Day holiday but continued weakness in the demand side. The speculation of the industry is gradually cooling down and offers are expected to be re-adjusted. 

In the tungsten concentrate market, as terminal demand slow down the pace of replenishment and some speculators take profits, the supply of market resources increases. Purchasers are waiting for lower prices while sellers are cautious to make offers. With the impact of environmental protection policy and high mining and smelting costs, market price is not likely to fall back. 

In the APT market, raw material prices and production costs are still at a relatively high level, but the demand still lags and thus market participants are not optimistic about the outlook. Recently, most factories have raised their willingness of sales. In the short term, the market would pay attention to offers for the second half of this month and trade consultations. 

The tungsten powder market is basically stable considering persistent weakness in the terminal market. Downstream buyers lacks of confidence in the persistence of high prices, so they delay to enter the market. The whole market transactions do not increase.

Prices of tungsten products on Oct. 17, 2019

Picture of tungsten powder 

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >