Tungsten Powder Prices in China Drop on Weak Tungsten Market

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China are in the downward trend due to the continued spread of the novel coronavirus worldwide. Ammonium paratungstate (APT) exporters experienced a slow market, while unrecovered downstream manufacturing, such as the automobile industry, in China also dragged the domestic tungsten market price down.

Tungsten is widely applicable in transport, energy, construction, electron and industrial usage. For example, tungsten is used to make circuit board, which is needed to construct fifth generation (5G) networks, data centers, artificial intelligence and industrial network infrastructure. The future trend in the tungsten market depends on how long the global coronavirus situation lasts.

Prices of tungsten products on Mar. 25, 2020

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Picture of tungsten powder 

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