Ammonium Metatungstate Price in China Keeps Firm on Boosted Confidence

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium metatungstate(APT) prices in China keep firm early in this week. With the gradual release of new average tungsten forecast prices from listed tungsten companies, market suppliers have strong rised mentality and high raw material prices also make smelting factories raise their offers. 

Now the tungsten industry is recovering around the world thanks to better economy situation. However, the coronavirus in overseas markets, especially North America, Latin America and India is still spreading. In addition, the imports and exports are affected by geopolitical risk. The market transactions are limited. 

China’s Jiangxi Tungsten quoted high-grade black tungsten concentrate at $12,941.2 per tone, up $588.2 per tone compared with August. The rise boosts market confidence.

Prices of tungsten products on September 9, 2020

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Picture of tungsten powder

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