Tungsten Concentrate and APT Prices in China Stabilized in a Quiet Market

Details: Category: Tungsten's News; Published on Wednesday, 17 April 2019 17:26

Analysis of latest tungsten market from Chinatungsten Online

The tungsten concentrate and ammonium paratungstate (APT) prices in China were unchanged in a quiet market, while tungsten powder price followed the stability on the weakness in the terminal side.

In the tungsten concentrate market, sellers are reluctant to sell at low prices owing to limited supply of spot goods while downstream buyers also have not high willingness of inquiry for raw materials. So the trading atmosphere is quiet and mainstream prices stabilize above the guide prices of large companies.

Buying and selling prices in the APT market show great difference considering the imbalanced supply and demand. For buyers, they are not active in trading and try to force prices down; for smelting factories, they tend to keep selling prices higher than production costs. APT price now is adjusted around offer levels of listed tungsten companies.

Prices of tungsten products on Apr. 17, 2019

tungsten carbide powder image