APT & Tungsten Concentrate Prices Rose While Tungsten Powder Price Declined

Analysis of latest tungsten market from Chinatungsten Online

Ammonium paratungstate (APT) and tungsten concentrate prices climbed slightly while tungsten powder price edged lowered compared with last trading day in China on thin market trading and heavy wait-and-see atmosphere in the market. 

China’s Ganzhou Tungsten Association released its new tungsten forecast prices for March: wolframite concentrate price was $14,846.2/t, up $230.8/t from last month; APT was quoted at $262.5/mtu, up 1.7/mtu; medium particle tungsten powder was quoted at $36.2/kg, down $0.2/kg. The different adjustments show conservative sentiment of market participants.

In the tungsten concentrate market, prices are supported by Two Sessions and environmental protection inspection reducing production, while most traders take a watchful stance with low trading activity. On the whole, mainstream tungsten concentrate prices would continue the stability. 

Although raw material sellers have strong rised mentality, APT manufacturers consume them slowly. New increased orders are limited and most transactions reply on old customers. APT price hover around $264.2/mtu.

For tungsten powder market, downstream alloy and product enterprises receive few new increased orders and they also face challenges of sales. With the decline of new tungsten forecast prices from tungsten associations, short-term tungsten powder price would be weak.

Prices of tungsten products on Mar. 06, 2019

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