China’s APT Suppliers Stabilize Their Offers Considering High Production Cost

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China remains stable early in this week began on Monday, June 07, 2021 affected by world inflation and continued spread of COVID-19. In addition, the relatively tight supply and weak consumption of downstream result in a deadlocked market. 

In the tungsten concentrate market, stricter environmental protection checks and excessive currency issuance have increased the pressure on the cost side. While raw materials buyers do not purchase actively. The whole market is quiet with heavy wait-and-see atmosphere. 

Ammonium paratungstate (APT) suppliers also stabilize their offers considering high production cost and limited enquiry from buyers. For the tungsten powder market, downstream alloy enterprises are not willing to replenish and are expected to take a watchful stance in the short term.

Prices of tungsten products on June 8, 2021

Picture of sodium tungstate

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