Ammonium Metatungstate Prices in China Remained Weak

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate prices in China remained weak adjustment in the week began on Monday August 19, 2019 on the worry of demand, funds, inventories and so on. At present, upstream sellers are reluctant to sell, pressing manufacturers’ profits and production activity. 

This week, the whole tungsten market is expected to focus on two major aspects. One is Fanya’s 431.95 tons of tungsten and 29,651 tons of ammonium paratungstate inventories, and the second one is the offers for the second half of August. Former may further impact the current supply and demand level in the spot market, and the latter has a direct impact on market confidence. Under the current deadlocked supply and demand, the low-level raw material shipments and the downstream high-end stocking intentions are not high; the market trading atmosphere is low.

Prices of tungsten products on Aug. 20, 2019

Picture of tungsten powder 

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