Ammonium Metatungstate Prices Decline, with a Prospect of Further Falls

Analysis of latest tungsten market from ChinaTungsten Online

Tungsten ore prices have been maintained stability recently supported by production costs and reduced risks. While downstream factories still do not have large demand for tungsten raw materials, transactions are at a relatively low level. High-grade tungsten concentrate prices hovers around $15,384.6 per ton.

Ammonium metatungstate manufacturers are not active in receiving orders when buyers try to force prices down. Ammonium metatungstate prices have been declined to $278 per mtu from $305 per ton since the beginning of 2018, with a prospect of further falls.

The weakness in terminal demand has pressed down tungsten powder prices. Downstream cemented carbide and products companies remain low buying interests and sales are low. Facing high pressure of financial constraints, tungsten powder enterprises show signs of lowering product prices.

Prices of tungsten products on Aug. 31, 2018

Picture of tungsten powder

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