China Tungsten Concentrate Price Rose with Limited Transactions Concluded

Analysis of latest tungsten market from Chinatungsten Online

Ammonium paratungstate (APT) and tungsten powder exporters in China are facing rising costs due to higher domestic prices for the material, causing them to raise their offers again this past week even though foreign buyers have shown little interest in purchasing at these already elevated levels.

Tungsten concentrate price rose to $14,285.7 per tone with limited transactions concluded. Sellers are reluctant to sell their products as they have good expect for the outlook. But the demand side remains weak. 

In the APT market, the rise in new average tungsten forecast prices and high production costs support firm offers of sellers. Now more and more factories stop production to undergo repair, and the supply reduces accordingly. APT price stabilizes at $245.7 per mtu. 

As for the tungsten powder market, new increased orders are limited and most companies rush to finish their current orders. The purchase and consumption of downstream alloy enterprises has slowed down, and the overall trading activity in the market has declined.

Prices of tungsten products on January 28, 2021

Picture of tungsten copper bar 

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >