Chinese APT Export Price Is Stable in Early September Amid Quiet Spot Conditions

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten carbide powder prices keeps firm in the week ended on Friday September 3, 2021 with the support of high cost. However, as the market is in a stalemate and the demand side remains weak, market price mainly maintain stability and is expected to continue this trend.

With the approaching of the holidays of China’s Mid-Autumn Festival and National Day, the market's low-carbon environmental protection supervision will become stricter, and the supply of mine resources will also be controlled to a certain extent. Therefore, the supply in the market will continue its tightness and market price is expected to keep firm. 

About the export market, Chinese APT export price is stable amid quiet spot conditions. Some exporters said they rarely received inquiries for APT from buyers abroad because these buyers were still on summer vacation. These exporters added that they expect overseas buyers will place orders in September, once the summer vacation is over.

Prices of tungsten products on September 6, 2021

Picture of tungsten flux 

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