Tungsten Powder Price Is Strong on Tightening Availability of Raw Materials

Analysis of latest tungsten market from Chinatungsten Online: Although China’s tungsten price hit nearly three-year high at present, the whole trading volumes are limited, affected by many uncertain factors for smelting factories in major tungsten production area Jiangxi after restarting production. The market now is caught in wait-and-see atmosphere.

Sellers are reluctant to sell tungsten concentrate at low price, so tungsten raw material market will run steadily; APT price continues to keep firm, some of offers are even higher than $328.1/mtu, but with fewer transactions; tungsten powder enterprises are reluctant to sell their products at low price as the tightening availability of raw materials increases production costs. Tungsten powder price hovers around $45.2/kg.

Prices of tungsten products on May 28, 2018

Picture of tungsten powder

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