Tungsten Powder Prices Keep Stable in the Weak Tungsten Market

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate (APT) prices in the Chinese market continue to maintain stability as the supply, demand and capital sides are in a stalemate in the last month of 2019. 

Raw material sellers in the market remain strong rised mentality, making offers based on average tungsten forecast prices from institutions. While the terminal side with heavy feeling of worry are reluctant to purchase, seeking for low-price resources. And the macroeconomic outlook is not very clear. Political factors including trade disputes, unilateralism, and geopolitical crises are affecting the market. In the case where the market outlook is unknown, the spot transactions tend to remain relatively stable. Participants purchase and sell carefully, and the release of real orders is limited.

Prices of tungsten products on Dec. 13, 2019

Picture of tungsten bar 

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