APT Price in the Chinese Market Stabilizes on Quiet Trading Activity

Analysis of latest tungsten market from Chinatungsten Online

The tungsten power and ammonium paratungstate (APT) prices in the Chinese market are unchanged from the previous trading day as the market has been kept quiet recently. 

With the approaching of Chinese Spring Festival, most companies gradually stop production, traders remain low trading activity, transportation is affected and the supply is reducing. Although upstream manufacturers are reluctant to sell at low prices, supporting the market, the whole terminal market is weak. Under the both weakness in the supply and demand side, the market is expected to continue to stabilize in the short term.

Prices of tungsten products on Jan. 15, 2020

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Picture of ammonium metatungstate

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