Ammonium Paratungstate Price Stabilized in Late September on Muted Demand

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market remained weak adjustment in the week ended on Wednesday September 30, 2020 as the market was quiet with the approaching of Mid-autumn Festival and National Day holiday.

In the APT market, suppliers received very few inquiries from overseas buyers and only had limited sales from downstream products, like tungsten powder and tungsten carbide powder as they were hesitant to place an order, given that the coronavirus seems to be worsening. The transaction prices were hard to be concluded at about $216 per mtu. 

In the tungsten powder market, downstream demand continued to be muted affected by the Covid-19 and geopolitical risks. Consumers became increasingly cautious about restocking the raw materials, waiting for the next move in the international market.  

Prices of tungsten products on October 9, 2020

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Picture of tungsten acid 

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