China Ammonium Metatungstate Prices Are Expected to Rebound in Late July

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, the tungsten power and ammonium metatungstate(APT) prices in China showed signs of rebound as sellers had strong rised mentality despite of continued low trading volumes in the market. 

On the one hand, new supply of spot resources in the raw material markets tended to reduce and sellers were will to raise their offer levels after the consumption for low-price resources and product profit cuts. On the other hand, purchasers were more active in inquiry than before, although trading volumes did not increase sharply. In the short term, the supply and demand side will be in the stalemate and transaction prices are expected to stabilize.

Prices of tungsten products on July 23, 2019

Picture of tungsten powder 

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