China’s Xiamen Tungsten Raised APT Bid Price for the First Half of September 2023

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market are unchanged from the previous trading day on September 5, 2023 with market confidence weakening. 

At present, the overall price adjustment is limited due to cost considerations. The long-term contract prices from Chinese smelting companies, represented by Xiamen Tungsten, have seen a slight upward adjustment in September 2023. Still, they are not as high as the spot market prices, indicating a cautious and wait-and-see sentiment in the market.

China’s Xiamen Tungsten quoted APT bid price at $289.7/mtu for the first half of September, up $0.8/mtu compared with the second half of August 2023. 

Prices of tungsten products on September 6, 2023

Picture of tungsten acid 

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