Cesium Tungsten Bronze Price in China Sees No Change in the Off Season
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- Category: Tungsten's News
- Published on Thursday, 20 August 2020 09:44
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Analysis of latest tungsten market from Chinatungsten Online
The ammonium metatungstate (APT) and cesium tungsten bronze prices in China continue to maintain stability affected by the off season and stricter environmental protection. Most insiders hold optimistic view about the outlook as China’s Ganzhou Tungsten Association (GTA) and major domestic producers expected prices for tungsten to rise in August, in line with a recent recovery in both markets.
The demand side is still weak at present because the coronavrirus in USA, Brazil, New Zealand and other places keep spreading and the industry recovery in European countries seems slow. For domestic traders, they take a watchful stance, waiting for the next move in the market. In the short term, the market is expected to keep stable with limited transactions.
Prices of tungsten products on August 19, 2020
Picture of tungsten powder
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