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Ammonium Paratungstate Price Stabilized in China

Analysis of latest tungsten market from Chinatungsten Online

A steep downturn in consumer spot demand and geopolitical turmoil dragged European tungsten prices to a near three-year low, with the premium to the Chinese market tungsten carbide burrs narrowing, despite the Yuan’s depreciation this month.

European prices for ammonium paratungstate (APT) dropped below $200/mtu for the first time since mid-February 2017 and to their lowest since October 2016, Argus data shows.

Average European APT prices' premium to Chinese export Tungsten Weights prices have narrowed sharply to just $1.10/mtu this month, in from $27.20/mtu in July.

The impact of scant spot demand in Europe from the automotive and cemented carbide sectors was further highlighted by the narrowing of the Europe-Chinese spread at a time when the yuan had fallen to an 11-year low tungsten carbide strips against the US dollar, with major Chinese producers planning to reduce production to limit losses.

Prices of tungsten products on August 9, 2019

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Tungsten and Cobalt Hard

E-cigarette may cause tungsten and cobalt hard-metal lung disease, according to foreign tungsten carbide rods media reports, a new case study conducted in Europe warns that e-cigarettes and other vaping devices may cause scarring in the lungs normally only found in metals workers. The research has been published by the European Lung Foundation. The study noted that hard-metal lung disease, a rare lung disease that results from inhaling hard metal particles, was identified in a person who unground solid tungsten carbide rods used vaping devices.

Hard metals include tungsten and cobalt, exposure to particles from these metals can happen in jobs that involve shaping them, such as among people who create dental prosthetics or sharpen tools. Recent research reveals that e-cigarette may also expose one's lungs to these harmful particles, paving the way for serious and rare lung diseases.

Scars caused by hard-metal pneumoconiosis result in breathing difficulties and cannot be cured. It is believed that the patients detailed the newly disclosed case study was the first person identified with this disease and were linked to the vape use rather than metalwork.

Researchers working on this case tested e-cigarettes used by patients and found that their vapors contained some toxic metals, including lead, Tungsten Carbide Rods chromium, cobalt, nickel, manganese, and aluminum. It's likely that many other vaping products share similar metal vapors due to how these devices are constructed. High temperatures cause liquid solutions to vaporize, but toxic metal vapors can also be generated and inhaled.

According to a researcher behind the case study, it is particularly concerning inflammation caused by metal exposure in these vapors won’t be noticeable to the person who vapes until they have developed irreversible lung scarring. Because of the risk of exposure to hard metals such as tungsten and cobalt, the European Respiratory Society does not recommend the e-cigarette as a method of quitting smoking because of the risk of getting hard-metal lung disease.

China Tungsten Powder Markets Stabilize with the Approaching of Mid

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices show signs of rise in early this month, benefiting from strong rised mentality in the raw material markets. Most manufacturers face pressure of high costs, so they are resistant to inquiries that require for lower product prices. But affected by the weakness in the demand side, the price rise of tungsten products is expected to be limited.

A listed tungsten company in Guangdong province released its offer levels for the first half of September: wolframite concentrate price was $11,212/t, up $833.30/t; scheelite concentrate price was $11,060.60/t, up $833.30/t; ammonium paratungstate (APT) price was $196/mtu, up $11.2/mtu compared with previous time.  

In the tungsten concentrate market, the supply of spot resources is in shortage affected by miners stopping production and environmental checks. Considering high production cost but squeezed profit margins, sellers are reluctant tungsten carbide burrs blank to sell. Now raw material products have prices but no sales. 

With the approaching of Mid-Autumn Festival, APT and tungsten powder markets tend to stabilize as most traders take a watchful stance for the latest news after the return of this holiday.

Prices of tungsten products on Sep. 12, 2019

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Ammonium Paratungstate Export Price in China Stabilized in a Muted Overseas Market

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) export price in China was unchanged in a muted overseas market. Chinese exporters maintained their offers, unwilling to lower prices due to the appreciation of the yuan against the dollar. 

The tungsten concentrate market has been under pressure since late October due to lukewarm demand from end users after customers retreated from the market. Concentrate suppliers cut their offer prices to encourage buying in the face of weak market confidence. The price fell by 2.2% week on week and compared with $13,076.9 per tone on October 22. 

At present, the market is still affected by the Covid- customized tungsten carbide 19 and geopolitical risks. The export market is expected to be weak in the short term and the demand side will recover slowly. Given that, China tungsten prices will stabilize in late October.

Prices of tungsten products on October 23, 2020

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High Offers from China Continued to Push Europe APT Prices up in Early January

Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide powder and ammonium metatungstate (APT) prices in China are expected to stabilize in the short term. Although the supply in the market continue to be tight affected by power limit, environmental protection, a second wave of Covid-19 and low operating rate of factories, most consumers keep cautious sentiment and market activity start to decline. 

At present, some mining enterprises would like to raise their offers to $14,285.7 per tone, but downstream buyers do not accept high-price resources. With the influence of capital shortage and logistic constrain at the end of the year, high-price trading is hard to be concluded.

As for foreign markets, tightening prompt availability and higher offers from China continued to push APT prices in Europe and the United States up at the beginning of the new year. And the trend may continue in the short term considering current market situation in China. 

Prices of tungsten products on January 14, 2020

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