Analysis of latest tungsten market in China（2023.9.19）

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market remain stable on Sep. 19, 2023, with large tungsten enterprises maintaining their long-term contract prices, reflecting a market stance of stability and restraint.

There is a lack of clear directional news in the market, and trading sentiment is cautious, with most participants adopting a wait-and-see approach. At present, tungsten concentrate offers stalemate at around $17,285.7/ton; APT offers stood at about $292.2/mtu and tungsten powder price hovered around $39.1/kg.

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