APT market growth has slowed slightly

www.ferroalloynet.com: Recently, with the increase of raw material tungsten concentrate shipments, APT market has gradually slowed down, with the overall maintenance of stable operation. At present, most offers of APT market is 134,000-35,000 yuan/ton, and transactions also focus on 133,000-134,000 yuan/ton, and the gap between the offers and transactions is gradually narrowing.

The increase of downstream carbide price is still difficult, mainly is fierce market bidding, coupled with the recent domestic epidemic repeatedly, at the same time the export market performance is not still good, so the consumption is rigid need to buy, alloy price increase is still waiting for demand recognition. On the basis of the difficulty in raising the alloy price, the price of tungsten powder rises slightly slowly. Moreover, tungsten powder manufacturers mostly purchase APT on rigid demand, which leads to few new orders in APT market, so the price rises slightly slowly.

In general, although the upward speed of APT market has slowed down, the actual situation is still stable. Combined with the influence of various factors, APT market supply has also decreased, so APT price still has a certain room for increase.