China’s Tungsten Carbide Powder Price Is Stable on March 9, 2023

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in the Chinese market are unchanged from the previous trading day on March 9, 2023 as the market is in a stalemate with rare deals concluded. 

In the tungsten concentrate market, mine safety control has been strengthened during the period of the two sessions, and the release of market resources has slowed down slightly. The demand under the logic of economic recovery in the market outlook is expected to be good, and business offers are still expected to be stable. However, short-term positive market signals are limited, and the trading market is under pressure. 

In the APT market, the enthusiasm of downstream users to enter the market is not good, the shipping atmosphere of smelters is average, the market is mainly on the sidelines, and the supply of raw materials is not loose, supporting the mentality of the industry. The market price is stalemate at around $309.4/mtu in the short term. 

In the tungsten powder market, tungsten carbide and its products companies basically maintain the production as they are used. There is no obvious bright spot in the market. Under the situation of supply and demand game, the tungsten powder market is sideways, and price is stalemate is at about $42.3/kg. 

Prices of tungsten products on March 10, 2023

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Picture of tungsten ore 

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