Tungsten Enjoying Price Stability

Powder Metallurgy Review reported that tungsten prices have stabilized in recent months. At the moment, ammonium paratungstate (APT), the intermediate material of tungsten, is selling for about $372 to $382 per 10 kilograms.

As quoted in the market news:

Prices declined by about 10% from peaks at the end of August last year largely because of producers rushing to unload inventory before year-end. The fall, however, has been slowing down since the end of last year as can be seen in the Fig. 1.  The price of tungsten carbide powder (3-4 micron) was also reported stable at $46/kg (Metal Pages, March 2014) compared with $53/kg in August 2013.

However, as Fig. 1 shows the lowest price for tungsten in 2013 remains almost double those seen five years ago. Nevertheless, unlike some other critical and rare metals, the price of APT is relatively stable.

Click here to read the full Powder Metallurgy Review report.