China APT Prices Continue to Decline amid Thin Trading Volumes

Analysis of latest tungsten market from ChinaTungsten Online

The continuous weak demand and lowered guide prices from large tungsten enterprises have pressed down Chinese tungsten prices so far this week, with the prospect of further falls if market trading is thin. 

In the tungsten concentrate market, capacity in mines is limited under the environmental protection policy. Raw material prices have decreased so far on lower deals done in China, with manufacturers tracking the move while there is relatively low buying interest.

APT manufacturers face great pressure of sales on downstream customers’ low willingness in purchasing. Insiders forecast that stock levels will be raised, plus with weak offers from large tungsten enterprises, low trading volumes may continue and APT prices will be in a relatively low level.

Prices of tungsten products on Jul. 25, 2018

Picture of tungsten trioxide

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