China’s Ferro Tungsten Price Stabilizes on Quiet Market

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten carbide powder prices maintain stability on May 25, 2022 when raw material suppliers tend to stabilize their offers and downstream traders keep cautious sentiment. 

In the tungsten concentrate market, the demand side remains weak as most participants have low buying appetite. Low-price resources are difficult to be purchased and the whole market price is about $17,076.9/ton. 

In the ammonium paratungstate (APT) market, upstream market becomes active than before, which boosts the offer mentality of smelters. In the short term, APT price is expected to stand at $297.3/mtu. 

In the tungsten powder market, it will take a certain period of time for the demand for tungsten products such as downstream cemented carbide to recover. Although the policy is favorable, there are still many uncertain factors in the macroscopic aspect. Based on the effective prevention and control of the epidemic and the recovery of the cost-side atmosphere, the short-term market is temporarily stable.

Prices of tungsten products on May 26, 2022

Picture of tungsten acid 

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