APT Prices Slid Amid Lackluster Demand in Off-peak Season

Details: Category: Tungsten's News; Published on Friday, 10 August 2018 10:21

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices remain weak adjustment on Friday August 10, affected by unstable macro economy, muted demand and weak tungsten guide prices. APT prices slid amid more availability and lackluster demand in off-peak season.

Production in China returns after environmental inspections in the major production hub of Jiangxi province came to an end while demand is still slow. A lack of demand for tungsten concentrates drags the upstream market down. Tungsten concentrates buyers retreat to the sidelines after the APT price decline, leading concentrate demand to decline. Currently deals in Chinese tungsten market are rare.

Prices of tungsten products on Aug. 10, 2018

China tungsten price picture