Ammonium Metatungstate Price Is Weak Due to Lukewarm Demand

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate (APT) prices in the Chinese market remain weak adjustment due to lukewarm demand from end users after customers retreated from the market. Concentrate suppliers cut their offer prices to encourage buying in the face of weak market confidence.

Supply of tungsten concentrate in China’s domestic market remains tight; major producers are said to be prioritizing supply to their own subsidiary refineries downstream, while many small and medium-sized producers continue to either withhold from offering in the market or have suspended operations because prices are currently below their production costs, according to market participants.

China’s export price for ammonium paratungstate (APT) unchanged in slow market; very few inquiries from overseas buyers were heard and sellers did not receive a response upon giving their offer prices. And the tungsten powder market also kept quite on low trading activity.

Prices of tungsten products on June 18, 2020

Picture of tungsten acid 

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