European Prices for Ammonium Paratungstate Dropped

Analysis of latest tungsten market from Chinatungsten Online

A steep downturn in consumer spot demand and geopolitical turmoil dragged European tungsten prices to a near three-year low, with the premium to the Chinese market narrowing, despite the yuan's depreciation this month.

European prices for ammonium paratungstate (APT) dropped below $200/mtu for the first time since mid-February 2017 and to their lowest since October 2016, Argus data shows.

Despite various supply, demand and macroeconomic headwinds, which have curbed wholesale prices, tungsten projects in Europe might stay on track as the region looks to reduce its dependence on Chinese APT exports.

Prices of tungsten products on Aug. 26, 2019

Picture of tungsten powder 

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

• < Prev
• Next >