Ammonium Paratungstate Supply Increases, but Price Falls

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices maintained weak adjustment last week as muted demand weakened advantages brought from environmental protection policy. Smelting factories resumed work following the end of inspections, but purchasers still were reluctant to come back to the market and thus deals were hardly concluded. 

Ammonium paratungstate (APT) supply trends to be ample with manufacturers increase output, resulting in price decline from $312.9/mtu to 295.5/mtu. While downstream factories slow down stocking up raw materials, with the prospect of further falls. APT price will continue to be weak this week.

Prices of tungsten products on Aug. 06, 2018

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Picture of ammonium paratungstate

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