China Tungsten Powder Prices Maintained Stability Owing to Weak Market

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten powder prices maintained stability in the week began on Monday May 27 as the market outlook is still unclear in the short term. In the tungsten market, buyers’ expects for terminal demand, trading environment at home and abroad, solutions of inventories in Fanya Metal remain uncertain, and thus they are not active in stocking up. 

For the seller’s market, affected by large factories jointly reducing product and smelting factories declining their operating rate, plus with environmental protection limiting raw material output, sellers have strong willingness of stabilization and mainstream tungsten product prices also tend to stabilize. This week, the whole tungsten market is expected to remain weak adjustment with heavy wait-and-see atmosphere.

Prices of tungsten products on May 28, 2019

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Picture of tungsten powder

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