China’s Cesium Tungsten Bronze Price Stabilizes on Quiet Market

Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide power and cesium tungsten bronze prices in China continue to keep stable at the end of September as the demand side has not yet recovered completely with the impact of coronavirus. 

The production and sales of downstream infrastructure, automobile, 3C and other industries have fluctuated. In particular, the stability of the export market is poor. With the approaching of Mid-Autumn Festival and National Day holiday, the market has a strong wait-and-see atmosphere. In the short term, the market will continue its stalemate. 

In the tungsten concentrate market, downstream buyers seek for lower prices, but most raw material sellers still keep firm offers as they have good expectations for the outlook with the support of cost, supply and recovered economy. Therefore, the trading in the market is limited at present. 

In the APT market, the supply of raw material is stable, but low-price resources are hard to find. Smelting factories face pressure of price inversion and keep stable offers for more cashes. Market participants mainly take a watchful stance and transactions are mainly concluded below $216 per mtu.

Prices of tungsten products on September 29, 2020

Picture of tungsten acid 

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