Enterprises Gradually to Increase the Offer of APT and Tungsten Powder

Affected by the guide price most enterprises in Ganzhou has raised its foreign offer of APT and tungsten powder.But the downstream procurement is still in digestive process.

The APT guide price of Ganzhou Tungsten Industry Association is 19 million  / ton.The offer of Jiangxi Yaosheng has been raised to 18 million / ton this week. The pre-market mainstream price is 17.3-17.7million/ ton and following with the guidance price increases the offer range has been expanded to 17.3-19 million /  ton. However the downstream procurement does not yet fully accepted and the APT market trade is light.

Ganzhou Tungsten Industry Association’s tungsten powder guide price is 295 yuan / kg,the Jiangxi Yaosheng’s has been raised to 285 yuan / kg, Chongyi Zhangyuan being maintained at 275-279 yuan / kg and may be up-regulated this week.

Because of the pressure of demand,wether the tungsten price will continue to rise or not is still uncertain.The current offer range is constantly expanding and market sentiment is strong.How the trend of later period will be is affected by the ore price and consumer demand.

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Email: sales@chinatungsten.com
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