China Tungsten Prices Went Down Slowly Last Week on Weak Market

Analysis of latest tungsten market from ChinaTungsten Online

APT guide prices for late July were released by large tungsten enterprises last week, which were adjusted according to Chinese tungsten market. An enterprise in Fujian, China quoted at $300.7 per tonne and $295.5 per tonne in Jiangxi. Besides, sales of goods were thin and transaction prices lowered than before. Taken together, tungsten prices in China were in a downward trend last week.

Tungsten market is now in the off season at home and abroad. The continuous weak consumption and increasing supply of raw materials weaken price growth strength, so most large tungsten enterprises keep their offer levels. This week, demand may continue to be thin, product prices are under pressure and tungsten market remains weak adjustment.

Prices of tungsten products on Jul. 23, 2018

Picture of ammonium paratungstate

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