Tungsten Powder Price Remains Weak Amid Demand Concerns

Analysis of latest tungsten market from ChinaTungsten Online

Both the tungsten raw material and ammonium paratungstate markets continue to be cautious about the trading amid concerns of supply disruptions due to continued environmental inspections in China.

In the tungsten concentrate market, sellers have strong mentality to keep their offer levels due to environmental inspection tightening supply and high production costs. But poor performance in trading weakens market confidence. Given that, high-grade tungsten concentrate price stabilizes at $15,692.3/ton. 

The stabilization signs in the raw material side make downstream enterprises become more cautious about purchasing. Manufacturers are hard to keep strong confidence under the circumstances. Pressed by raw material costs and thin enquiry, APT price was quoted at $281.7/mtu with fewer orders. 

New orders in downstream tungsten carbide and product enterprises do not increase, coupled with environmental checks reducing smelting production, sales in tungsten powder market are thin. Tungsten powder price now continues its weak adjustment, hovering above $38.5/kg.

Prices of tungsten products on Oct. 26, 2018

Picture of tungsten powder 

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