China’s APT Market Is Gaining Support from High Feedstock Prices

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and ammonium paratungstate (APT) prices keep unchanged on August 5, 2021. Affected by the epidemic, typhoons, and rainstorms, the supply of raw materials is relatively tight while downstream buyers remain low buying appetite. 

Concentrate supply in China, the world's largest exporter, tightened and suppliers increased their offers to international customers. The APT market is gaining support from high feedstock prices, with prolonged tight supply of concentrate and scrap pushing up consumers' input costs. 

China's exports of tungsten products have been rebounding, up by 26pc year on year in January-June, customs data show. But this is from an unusually low 2020 baseline as Covid-19 disrupted operations, and the overall supply-demand balance remains very tight.

Prices of tungsten products on Aug. 6, 2021

Picture of black tungsten concentrate 

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

• < Prev
• Next >