A shortage of supply, though bad for the market, can definitely be good for prices. Tungsten APT prices are currently sitting at $400 to $410 per metric ton unit.

It is reported that “Chinese tungsten APT prices have kept rising as smelters try to avoid APT production costs rising higher than sales prices.”

Prices for tungsten APT 88.5 percent have climbed from last week’s 212,000 to 215,000 renminbi per tonne to 215,000 to 220,000 renminbi.

Buyers, the smelters explained, are unwilling to pay more than 215,000 renminbi per tonne. So far this year, prices have climbed by 22 percent.
 

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It certainly isn’t news to anyone that tungsten is a critical metal. However, it is  important to note that tungsten is slowly making its way up the global critical metals list.

A metal is deemed critical when it is found to be economically important to the functionality of society, but has a high risk of supply disruptions. In 2011,

The British Geological Society  published a list of what it considers the 52 most critical metals in the world.

The list was compiled based on global abundance, location of production, reserves and supply risk associated with the political stability in the jurisdictions where the metal occurs.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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At the Geological Society of South Africa’s 2013 GeoForum conference in Johannesburg last week, Core Consultants MD Lara Smith8 pointed at three metals (or groups of metals) that will be at a high risk of supply scarcity from 2015.

Smith explained that while the European Union and US Department of Defense don’t wholly agree on all the metals they consider critical, tungsten, tantalum9 and rare earths10 are without a doubt at the top of both their lists.

Smith also said that in recent years, tungsten supply has not been able to keep up with rising demand, which has necessitated the sale of tungsten stockpiles by the Chinese, Russian and American governments.

“Based on China’s decision to limit exports to the rest of the world, we estimate that the primary tungsten market is in deficit and, this year, we expect the deficit to be in the order of 15 000 t,” Smith warned at the conference.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

China ammonium paratungstate prices(APTprices) continues to be firm.

China ammonium paratungstate market(APT market) keeps quiet, and the APT prices are stable this week.

However, as the tungsten concentrate prices hover at high level, some APT suppliers raise offers. The ammonium paratungstate market(APT market) sees some higher offers.

A source from an APT factory based in South China noted that they mainly dealt with the old orders in the recent days.

You can visit the following links for more information about  ammonium paratungstate prices(APT prices).

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:   sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com