China’s Tungsten Powder Price Stabilizes in Early May with Rare Deals Concluded

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten powder prices remained weak adjustment in the first trading day after the holiday of May Day because there are many uncertainties and risks in the market caused by epidemics, local conflicts and severe weather events. 

Recently, buyers have been remained low enthusiasm in receiving goods, and many inquiries for spot goods were bargained despite insiders have good expectations for policies and costs. In the short term, considering the low demand, the market is expected to be quiet. 

At present, tungsten concentrate price stands at $18,709.7/ton with different views of manufacturers towards shipment; APT price is about $322.6/mtu and smelting factories mainly take a watchful stance; tungsten powder price hovers around $44.5/kg with rare deals concluded.

Prices of tungsten products on May 9, 2022

Picture of tungsten ore 

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