Analysis of latest tungsten market in China on Apr. 01, 2022

China tungsten price keeps stable in the last trading day of March as participants mostly remain cautious sentiment in the face of supply chain disruptions caused by international conflicts and the epidemic, soaring energy prices, constrained logistics and reduced consumption momentum in manufacturing. 


In the tungsten concentrate market, product offers were $19,354.8/ton but no deals concluded. Market trading becomes slowly under the pressure of cost and mining enterprises have strong rised mentality as they are optimistic about the outlook under environmental protection, inflation and high value of strategic resources in the context of geopolitical conflicts. 



Analysis of latest tungsten market in China 2022 March End

China’s domestic tungsten price remains firm and stable in the week ended on Friday, March 18, 2022 as raw material manufacturers’ confidence was shored up by the ferro tungsten and alloy markets affected by the concerns about the tight resource supply and the increased cost of smelting auxiliary materials under conflict between Russia and Ukraine. 


However, the impact of overseas tensions to the domestic market is limited. Although the financial market has reacted violently, the fundamentals of supply and demand in the tungsten industry have not changed significantly. The market trading is still deadlocked, and the room for price adjustment is relatively limited.



THE RATIONALITY OF GOOD START OF TUNGSTEN MARKET IN CHINA, 2022

In the tungsten products industry chain, tungsten concentrate is the primary commodity of tungsten products after mining and concentration, and it is also the first production link of the tungsten products industry chain. The output volume, quality and market price of tungsten concentrate have a direct and decisive impact on the whole tungsten products market.


Ammonium Paratungstate (APT) is an important intermediate product of tungsten. It not only undertakes the main quality attributes and most of the production capacity after the primary smelting of tungsten concentrate, but also the front-end raw material of Tungsten Trioxide (WO3) in the next important stage. It is the main chemical form of tungsten intermediate products. 



Analysis of latest tungsten market in China from yes carbide

Quotations from tungsten concentrate and APT manufacturers show signs of rise despite market trading has not improved. The new round of guide prices for early March will soon be released and considering the general good expectation, the actual transaction prices are in an upward trend.

Debate The Thoery of Tungten Carbide,Build The Future of

2017 National Entrepreneur Day and the annual meeting of Chinese entrepreneurs, one of the important activities of the "Cemented Carnarve Manufacturing Industry Summit and cooperation in production and demand cooperation" in Held in Zhuzhou City, Hunan Province, the country's top cemented carbide experts and entrepreneurs gathered together to discuss the production and application of cemented carbide materials research and cooperation and cooperation for the "Made in China 2025" to seek "strong gluten bone" good policy.

Hard alloy industry forum held on-site production cooperation agreement signed 17

As one of the major activities of the National Entrepreneur Day 2017 and the Annual Meeting of Chinese Entrepreneurs, the "Carbide Industry Summit Forum and Matchmaking Symposium on Production and Demand Cooperation" was held in Zhuzhou.

The seventeenth China International Coal Mining Technology Exchange and equipment exhibition

The 17th China International Coal Mining Technology Exchange and Equipment Exhibition was held in Beijing China International Exhibition Center (New Hall)

Investigation on anti dumping of alloy steel bar launched by India

On September 22, 2017, the Indian Department of Commerce and Industry's Anti-dumping Department issued a public announcement that it should launch an anti-dumping investigation against the Straight Length Bars & Rods of Alloy Steel imported from China in response to its domestic industry application.

Belt and Road Initiative" circular economy theme delegation to inspect the Grammy

"Belt and Road Initiative" circular economy theme delegation to inspect the Grammy

Chat with us