Analysis of latest tungsten market from Chinatungsten Online
The tungsten powder and ammonium metatungstate (APT) prices in China continue to maintain stability as a result of strong rised mentality of sellers but persistent weakness in the terminal market.
Tungsten concentrate prices hover around $12,318.8/t with rare transactions concluded at low prices. So trading volume does not increase. APT price stabilizes in $121.9/mtu on low producing activity of factories and pressure from the demand side. For tungsten powder, market prices are hard to break through $30.4/kg as the whole market is weak. Most companies take a watchful stance at preset.
Prices of tungsten products on Nov. 28, 2019
Picture of tungsten powder
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