China’s APT Suppliers Stabilize Their Offers Considering High Production Cost
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- Category: tungsten‘s News
- Published on Tuesday, 08 June 2021 19:17
Analysis of latest tungsten market from Chinatungsten Online
The tungsten price in China remains stable early in this week began on Monday, June 07, 2021 affected by world inflation and continued spread of COVID-19. In addition, the relatively tight supply and weak consumption of downstream result in a deadlocked market.
In the tungsten concentrate market, stricter environmental protection checks and excessive currency issuance have increased the pressure on the cost side. While raw materials buyers do not purchase actively. The whole market is quiet with heavy wait-and-see atmosphere.
Ammonium paratungstate (APT) suppliers also stabilize their offers considering high production cost and limited enquiry from buyers. For the tungsten powder market, downstream alloy enterprises are not willing to replenish and are expected to take a watchful stance in the short term.
Link to this article：China’s APT Suppliers Stabilize Their Offers Considering High Production Cost
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