China Tungsten Price May Decline on Negative Expectation for Outlook

Analysis of latest tungsten market from ChinaTungsten Online

China ammonium paratungstate (APT) and ferro-tungsten prices continued their downward trend earlier in this week amid quiet trading volumes in Chinese market and lackluster demand from the overseas market. 

Sellers tend to stabilize offer levels because tungsten concentrate prices dropped to a relatively low level and the supply becomes tight. But the weakness in terminal market decreased transactions and market participants were caught in heavy wait-and-see atmosphere at the end of the month. Considering negative expectation for the outlook, China tungsten price is expected to decline. 

Prices of tungsten products on Aug. 28, 2018

Picture of tungsten carbide powder

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