China’s APT Export Prices Edge Higher on Strengthen Market

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price continue to maintain stability at the end of December, 2021 with the support of tight supply and increased replenishment expectations before the holiday of New Year’s Day. 

Concentrate price stands at about $17,619/ton when manufacturers prefer to increasing their offers. Some offers continue to be raised even though buyers do not accept. With the approaching of the holiday, insiders pay more attention to environmental checks and facility maintenance of the whole industry. 

Ammonium paratungstate (APT) price deadlocks at $304.9/mtu in the domestic market. Under the impact of high cost, export prices edge higher but deals show no increase. As for the tungsten powder market, price keeps stable and manufacturers remain cautious. The short-term market is expected to be quiet. 

Prices of tungsten products on December 30, 2021

Picture of tungsten ore 

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