China Tungsten Prices Stabilize in Early May

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate(APT) prices in China continue to maintain stability with the end of the holiday of May Day. Now the tungsten forecast prices from listed tungsten companies and institutions are the focus of the market. 

With the lockdown having had an uneven impact on countries in the world, transportation and logistical issues still plague the market. Besides, as markets digest the impact of production cuts, attention is turning toward the eventual demand recovery - in particular, the pace and the timing of it. This will be critical for any price gains in the short term. But consumers are purchasing material only for immediate requirements.

Prices of tungsten products on May 6, 2020

Picture of tungsten powder 

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