Cesium Tungsten Bronze Prices in China Continue to Stabilize in June

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and cesium tungsten bronze prices in China continue to maintain stability but some transactions prices decline on the weakness in the demand side. 

In the tungsten concentrate market, downstream buyers mainly take a watchful stance with low purchasing enthusiasm while ellers are hard to raise product offers. The market trading keeps quiet and prices hover around $11,764.7/t. 

In the APT market, smelting factories remain low operating rate because buyers are not active in trading. Besides that, they are facing pressure of price inversion. In the short term, APT price is expected to stabilize at $207.7/mtu considering the weak market. 

In the tungsten powder market, insiders are worried about the risks from the coronavirus, economic environment and geopolitics. The import of products fails to meet market expectations. Given that, tungsten powder price may stabilize in early June.

Prices of tungsten products on Jun. 4, 2020

Picture of tungsten powder 

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