China’s Tungsten Carbide Powder Price Stabilizes in the Second Half of June 2022

Analysis of latest tungsten market from Chinatungsten Online

Tungsten wire for diamond wire busbar is now available. The above quoted price is for reference only and the last price will be calculated according to the diameter, quantity and other requirements. If you have got any purchasing plans, please feel free to contact us.

The ferro tungsten and tungsten carbide prices in the Chinese market continue to be stable when raw material sellers have rised mentality and downstream buyers keep taking watchful stance. 

In the tungsten concentrate market, the recent high temperature and rainy weather has a certain impact on the release of mine production capacity, while downstream customers purchase products on what they actual needs. The market liquidity is poor and high-grade concentrate price hovers around $16,769.2/ton. 

In the APT market, the competition between the upstream and downstream of the industrial chain is in a stalemate, and smelters are unwilling to sell at low prices. Recently, the high cost of raw and auxiliary materials and the weak downstream terminal consumption are under obvious pressure. The risk of market inversion has intensified, and spot sales are still slow. Some manufacturers take the initiative to overhaul and reduce production to relieve pressure.

In the tungsten powder market, the consumption performance of cemented carbide products still fails to meet market expectation. Although the stable recovery of the automobile industry effectively promotes the application of tools and molds related to the industrial chain, the global high inflation pressure continues to hit the consumer market and affects the enthusiasm of alloy enterprises to purchase raw materials. The overall tungsten powder market is still relatively weak. 

Prices of tungsten products on June 30, 2022

Picture of tungsten heater 

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