China Ferro Tungsten Price Declined Slightly in Early November

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, the ferro tungsten price declined slightly while tungsten powder and ammonium metatungstate (APT) prices remained unchanged in the week began on Monday November 4, 2019 as the market was under pressure.

In the molybdenum concentrate market, prices declined below $13,043.5/t, which is very close to the line of cost. Manufacturers are cautious to make offers and market transactions are hardly concluded. The APT manufacturers face pressure of price inversion. Downstream buyers purchase according to what they actual needs and try to force prices down. As for the tungsten powder market, terminal tungsten alloy companies are negative about the outlook. In the short term, the market would stabilize.

Prices of tungsten products on Nov. 5, 2019

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Picture of tungsten trioxide 

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