Xiamen Tungsten’s Offer for Ammonium Metatungstate Declined in October

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China continue to maintain stability in the wake of a slight decline in new tungsten forecast prices from listed companies and associations. The new guide prices are basically in line with market trend and traders make quotes based on them. 

China’s Xiamen Tungsten’s offer for ammonium metatungstate (APT) stood at $22.5 per mtu, a slight decline of $0.9 per mtu from the second half of September.  

Jiangxi Tungsten quoted black tungsten concentrate at $13,230.8 per tonne, down $307.7 per tonne from the late September. 

Now China’s economy and manufacturing industry is recovering steadily. However, the Covid-19 seems to be worsening in Europe, the Unite States, Brazil and India. The overseas markets face many uncertainties, which affects China’s import and export greatly. In the short term, the market may continue to keep quiet.

Prices of tungsten products on October 12, 2020

ammonium metatungstate price image

Picture of tungsten trioxide 

tungsten trioxide image

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