China’s APT Price Continues to Stabilize as the Market Remains Lukewarm

Analysis of latest tungsten market from Chinatungsten Online

With the end of environmental checks early in this month, China’s ammonium paratungstate (APT) and tungsten concentrate prices continue to stabilize as the market remains lukewarm. 

In the tungsten concentrate market, affected by strong rised mentality of suppliers and wait-and-see atmosphere of buyers, the whole trading is limited. High-grade concentrate price is about $15,555.6/ton. 

In the APT market, in the face of firm raw material prices and low buying appetite of downstream, most smelting factories tend to hold offers unchanged. Under the expectation of global inflation caused by the over-issue of the US currency, many participants have good expectations for the market outlook.

Statistics from the Bureau of Statistics show that in April, the added value of China's industrial enterprises above designated size increased by 9.8% year-on-year, 0.52% month-on-month, and a two-year average increase of 6.8%; from January to April, the national industrial added value above designated size increased by 20.3% year-on-year, a two-year average increase of 7.0%.

Prices of tungsten products on May 19, 2021

Picture of tungsten powder 

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

• < Prev
• Next >