China’s Export Prices for APT Hold Steady amid a Relatively Quiet Overseas Market
- Category: tungsten‘s News
- Published on Friday, 17 September 2021 16:42
Analysis of latest tungsten market from Chinatungsten Online
China’s domestic ammonium paratungstate (APT) and ferro tungsten prices remain weak adjustment in the middle of September. Although the market is supported by production costs, the demand side continues its weakness and deals are rarely concluded.
Export prices for APT and tungsten powder in China hold steady amid a relatively quiet overseas market. Many traders expressed that they rarely received overseas inquiries as over overseas buyers were not actively buying raw materials but chose to stay on the sidelines after noticing a weakening of China’s domestic market recently.
The mid-and-long term environmental checks, increased resource concentration, and the recovery of the manufacturing economy after the epidemic are expected to benefit the whole tungsten market, but the demand may also need to be improved.
Link to this article：China’s Export Prices for APT Hold Steady amid a Relatively Quiet Overseas Market
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