China Tungsten Powder Prices Rise Following the Successful Fanya APT Stocks

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are in a relatively high level in the week began on Monday August 14, 2019. Since mid-September, the end of Fanya APT stocks, firm guide prices for this month and speculators entering the market have been raised the market's strong rised mentality. The current spot prices of tungsten have basically reached the expected level of the industry. But high-price transactions are hardly to be concluded. 

At present, the tungsten market has gradually returned to rationality, and the overall supply and demand of the industry is still in a stalemate. The actual supply of tungsten concentrates increases, and manufacturers also raise the profit-making intentions. APT inventories in the whole market are in a low level. With the support of high production costs, smelting factories have good confidence. As for tungsten powder market, prices have been adjusted upwards after the holiday of National Day and transactions are poor.

Prices of tungsten products on Oct. 15, 2019

China tungsten powder prices image

Picture of tungsten powder 

tungsten powder image

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