China Tungsten Concentrate Price Hit a Six-month Low in Early April

Analysis of latest tungsten market from Chinatungsten Online

China’s black tungsten concentrate price declined to a six-month low this week on lower offers from traders and sluggish market demand, while the ammonium paratungstate (APT) export price remained steady with few trades heard.

As the coronavirus keeps spreading around the world, industry insiders hold different views on the global economic outlook and the market for product import and export is not expected to be good. However, the demand in domestic market shows signs of recovery and the cost side is offering the support for the market. At the beginning of this month, the market will be caught in wait-and-see atmosphere, waiting for specific direction.

Prices of tungsten products on Apr. 3, 2020

Picture of tungsten trioxide 

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