China’s Export of Ammonium Paratungstate Increased in July

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained stable in the last trading day in August 31, 2020 due to heavy wait-and-see atmosphere and cautious sentiment of market participants. Now the raw material side continues to keep strong rised mentality while the demand side is not active in stocking up. In the short term, the market is expected to stabilize. 

China exported 124.55 tonnes of ammonium paratungstate (APT) in July, a 207.5% increase from the 40.5 tonnes shipped in the preceding month, the latest available Chinese customs data shows. The higher export volumes in July shows that overseas demand is gradually recovering, though at a very slow pace. But July’s volume is still well below year-ago levels, representing a more than 50% drop from the 262.5 tonnes China shipped in the same month period of 2019.

Prices of tungsten products on September 1, 2020

Picture of tungsten powder 

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