Tungsten Carbide Powder Price Stabilizes Amid Weak Consumer Demand

Details: Category: Tungsten's News; Published on Tuesday, 14 July 2020 18:56; Hits: 881

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten carbide powder prices in the Chinese market continue to stabilize as the market is caught in wait-and-see atmosphere. Mainstream tungsten product prices mainly refer to the new guide prices from the tungsten associations.

China's Xianglu Tungsten released its new offers for the first half of July: 55% black tungsten concentrate was quoted at $11,617.6/t; 55% scheelite concentrate was quoted at $11,470.6/t; APT was quoted at $204.4/mtu.

Tungsten concentrate suppliers are reluctant to sell at low prices with the support from high production cost and strict environmental protection. Also, the stock market is in the bullish market, boosting market confidence. But transactions still need to be followed up. Smelting factories remain low operating rate with rigid demand. Considering the weak buying appetite of downstream, the APT market continues to stabilize. The tungsten powder market follows the raw material market. With the impact of severe situation in the international trade market under the epidemic, insiders are not optimistic about the outlook.

Prices of tungsten products on July 14, 2020

tungsten carbide powder price image