China’s APT Export Price Rose to $304.9/mtu Given the Strong Raw Material Market

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten price remained stable during the holiday of National Day as the market was quiet. Affected by the policy of dual control of energy consumption, the output of factories reduced and thus manufacturers kept firm offers. 

Suppliers in the tungsten ore market were reluctant to sell at low prices and still had strong rised mentality. the price stalemated at about $17,460.3/ton and buyers stocked up based on what they actual needs. In the ammonium paratungstate (APT) market, export price rose to $304.9/mtu given the strong raw material market. however, the demand side continued its weakness and deals were hard to be concluded. as for the tungsten powder market, price stabilized at $40.6/kg when manufacturers of alloys and their products tend to be cautious in purchasing raw materials.

Prices of tungsten products on October 11, 2021

Picture of tungsten flux 

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