APT Prices Down on Rare Deals Concluded

Analysis of latest tungsten market from ChinaTungsten Online

Tungsten prices have been in a downward trend for a long time on the weakness both at home and abroad. Some sellers appear unwilling to lower prices in some region while others are active in sales. ChinaTungsten Online thinks that market participants should treat the market rationally and rigid demand still offers supports. 

Prices for ammonium paratungstate (APT) mainly focus on $283.4/mtu and sellers raise to $285/mtu, although rare deals concluded. With continuous thin market trading, APT prices keep declining to $278/mtu. 

Tungsten powder market becomes weak following upstream market. Mainstream enterprises drop tungsten powder offer levels to $40.3-40.6/kg, tungsten carbide powder to $40-40.3/kg, with a prospect of further falls if trading activity still is quiet.

Prices of tungsten products on Aug. 15, 2018

Picture of blue tungsten oxide

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