China’s APT Price Keeps Firm in Late January, 2022

Details: Category: Tungsten's News; Published on Friday, 28 January 2022 08:58

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and ferro tungsten prices in the Chinese market remain stable but firm in the second half of January, 2022 due to low buying appetite of consumers before the holiday of Chinese Lunar New Year.

Manufacturers have reduced production or even overhauled equipment, and part of the upstream and downstream of the industrial chain have been closed for the holidays. Regarding the post-holiday market, insiders will wait and see the energy supply pressure, environmental protection supervision, epidemic prevention and control situation, and manufacturing consumption performance, etc. The raw material market is expected to be cautiously optimistic for the time being.

On January 25, 2022, tungsten concentrate price hovers around $18,412.7/ton with rare transactions concluded in the market; APT price stands at $319.3/mtu and seems possible to rise again; tungsten powder price is about $42.9/kg with heavy wait-and-see atmosphere in the market.

Prices of tungsten products on January 26, 2022

China APT price image