Ferro Tungsten Prices Stabilize in China on Low Trading Activity
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- Category: Tungsten's News
- Published on Thursday, 19 September 2019 17:09
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Analysis of latest tungsten market from Chinatungsten Online
The ferro tungsten and ammonium paratungstate (APT) prices in China maintain stability as the market is caught in wait-and-see atmosphere. Raw material sellers are reluctant to sell under cost pressure while downstream buyers remain low activity in stocking up.
Considering the environmental protection policy, output cuts of mining enterprises, the supply of tungsten raw materials would be expected to continue its tightness. APT market gets support from firm upstream market. Some traders thought Fanya stocks may impact the pattern of current supply and demand, but others noted that the stock is likely to be digested within three month. As for tungsten powder market, it also remains stable in the short term.
Prices of tungsten products on Sep. 18, 2019
Picture of tungsten powder
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