Monthly Tungsten Market Report Feb 2020

1 Market Highlights

Domestic tungsten market in January: Due to the impact of COVID-19, most domestic producers delayed their resumption, and the spot market supply was tight. Tungsten concentrate suppliers held back from selling, so prices for tungsten concentrate rose in February; prices for APT increased accordingly.Asian Metal Copyright Foreign APT, tungsten oxide, tungsten carbide powder and ferrotungsten market was active and prices increased.Asian Metal Copyright Due to the rise in prices for raw material, tungsten carbide powder producers did not intend to lower their prices.Asian Metal Copyright Foreign APT, tungsten oxide, tungsten carbide powder and ferrotungsten market was active and prices increased.Asian Metal Copyright In January, prices for tungsten carbide powder rose.Asian Metal Copyright Since most domestic participants in the tungsten scrap market did not return to the market for the time being, the market saw limited transactions.Asian Metal Copyright Since most domestic participants in the tungsten scrap market did not return to the market for the time being, the market saw limited transactions.Asian Metal Copyright Tungsten concentrate suppliers held back from selling, so prices for tungsten concentrate rose in February; prices for APT increased accordingly.Asian Metal Copyright Prices for tungsten grinding swarf scrap, tungsten scrap CNC cutting blade, tungsten scrap drill and tungsten scrap anvil remained unchanged in February.

Foreign tungsten market in January: As most domestic APT, tungsten carbide powder and ferrotungsten producers delayed resumption, the operating rate was low and spot supply was tight while foreign demand picked up. Foreign APT, tungsten oxide, tungsten carbide powder and ferrotungsten market was active and prices increased.

.Asian Metal Copyright Tungsten concentrate suppliers held back from selling, so prices for tungsten concentrate rose in February; prices for APT increased accordingly.Asian Metal Copyright