Cesium Tungsten Bronze Prices in China Stabilize on Low Trading Activity

Analysis of latest tungsten market from Chinatungsten Online

The cesium tungsten bronze and ammonium paratungstate(APT) prices in China are unchanged from the previous trading day. Although miners have rised mentality and the rise in offers of listed tungsten companies boosts market confidence, downstream users' demand for raw materials is low and the macro economy is not optimistic. Therefore, the whole market tends to keep quiet. 

In the tungsten concentrate market, the supply is relatively tight while downstream factories mainly take a watchful stance with low active in taking orders. under the circumstances, the actual transactions need to be followed up. 

In the APT market, the deadlocked situation is hard to ease with the influence of high raw material costs and sluggish demand. Smelting factories are not active in producing and product prices stabilize. The tungsten powder market also maintains stability on persistent weakness in the demand side.

Prices of tungsten products on Dec. 25, 2019

Picture of tungsten powder 

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