China’s APT Price Hovered Around $328.2/ton with the Support of High Cost

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices maintain stability on Feb. 17, 2022 as the supply of raw materials resumes gradually and manufacturers making offers become rational, while downstream end users’ buying appetite continues to be low. 

At present, factors such as energy shortage, inflation pressure and repeated epidemics are still unclear. Businesses are still cautious, waiting for specific directional news to be clear.

Offers in the tungsten concentrate were quoted at $19,047.6/ton with rare transactions concluded. APT price hovered around $328.2/ton with the support of high cost; for tungsten powder market, enterprises made offers differently because some of them tended to increase price and others referred to sell products at current market price. 

Prices of tungsten products on Feb. 18, 2022

Picture of concentrate 

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