APT Smelting Factories Resume Work Gradually in Earlier July

Analysis of latest tungsten market from Chinatungsten Online: Chinese environmental protection checks finished when July comes, and APT smelting factories in major tungsten production areas resume work gradually earlier this week.

At present, insiders are split between market outlooks. Most of them believe demand for tungsten ores may increase while prices of products based on APT raw materials will decline due to lower production costs. Others hold the view that the environmental protection policy would be stricter to support good momentum of tungsten industry.

Earlier this month, manufacturers are still struggled with funding issues, tungsten prices are in a downward trend and depressed trading activity presses enterprises. Market participants focus on the new round of guide prices. 

Prices of tungsten products on Jul. 03, 2018

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Picture of FeW powder

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