China’s Tungsten Price Is Restrained Affected by the International Economic Pressure

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and ammonium paratungstate (APT) prices remain stable on July 12, 2023 as the market is under pressure affected by the sluggish demand in the alloy market. 

At present, due to the constraints of international economic pressure and the impact of extreme high temperature climate, it will take time for the tungsten market demand to recover, which still restrains the tungsten price. 

In the medium and long term, the domestic economic engine is strong, coupled with the active or passive tightening of the supply side, such as the reduction of resource grades, the control of the total amount of mining, the protection of strategic resources, the impact of seasonal climate, etc., China’s tungsten price has a certain upward momentum.

Prices of tungsten products on July 13, 2023

Picture of tungsten trioxide 

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