China’s Ferro Tungsten Offers Raised Under the Conflict Between Russia and Ukraine

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market edge higher on March 15, 2022 when many market participants are preferring to taking a watchful stance. 

On the one hand, domestic environmental protection affects the release of market resources and increases the pressure on production costs of enterprises; on the other hand, overseas geopolitical conflicts have affected the trade environment, and the repeated epidemics in China and foreign countries also have an impact on both the production and consumption. In the short term, the market tends to be stable. 

Recently, the conflict between Russia and Ukraine has affected overseas ferro tungsten supply, boosting the enthusiasm of domestic ferro tungsten offers, and at the same time giving some support to the raw material market. Now the tungsten concentrate price is about $19,032.3/ton, APT price is about $328.0/mtu and tungsten powder price is about $44.8/kg. 

Prices of tungsten products on March 16, 2022

Picture of tungsten powder

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