Export Prices for APT and tungsten Powder Were Unchanged in Late May
- Category: Tungsten’s News
- Published on Monday, 31 May 2021 13:54
Analysis of latest tungsten market from Chinatungsten Online
The export prices for Chinese ammonium paratungstate (APT) and tungsten powder were unchanged in the second half of May amid thin spot trading conditions.
Raw material sellers have strong rised mentality now with the impact of economic recovery, inflation and controllable resources. They believe that the outlook can be expected and thus are reluctant to make concession in prices. End users remain low buying appetite. Affected by that, intermediate businesses operate cautiously.
The short-term market is expected to stabilize. At the same time, as traditional sectors are being hit, companies are actively expanding new application fields, seizing the opportunities brought by the development of new energy, new materials, 5G and other emerging industries.
Link to this article：Export Prices for APT and Tungsten Powder Were Unchanged in Late May
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