China’s Domestic Tungsten Price Maintains Stability in the Middle of May

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price maintains stability in the middle of May as the whole market is caught in wait-and-see atmosphere, despite recovering economy and inflation expectation. 

Tungsten market sentiment in China, picked up shortly after the Ganzhou Tungsten Association (GTA) published a strengthened forecast price for May. However, buyers continued to remain low buying appetite. Some Chinese exporters have concluded deals for ammonium paratungstate (APT) at a low price. 

Some traders inked deals at the low end of the range after the Labor Day holiday, while others continued to hold prices firm at the mid or high end of the range. On the whole, the whole market trading was limited. 

Prices of tungsten products on May 14, 2021

Picture of blue tungsten oxide 

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