Under the conditions of depressed manufacturing industry, tungsten market also enters normalization ordinary. Tungsten raw material capacity stays in the constant high level. With the application of tungsten waste, end market lowers its dependency on tungsten raw material. Cost of heavy mining is increasing, it results in the irreconcilable conflicts of tungsten market.

Ammonium paratungstate price affecting factors are as bellow:

1.Tungsten raw material producing capacity is higher than the demanding amount, and resulting in the unbalance of supply-demand relationship, which affects ammonium paratungstate price.

2.Tungsten mine cost directly affects price, heavy mining based on state-owned enterprise has high cost; medium and small mine is of lower cost. So tungsten concentrate of low price is sometimes active in the market.

3.Enterprise property of tungsten mine has effects on APT price as well.

4.Capacity of tungsten concentrate is relatively centralized, which will cause certain degree of price monopoly situation.

5. Timely is also has effect in the ammonium paratungstate price fluctuations. Through the whole year, tungsten market will go through the spring supply and summer break. After spring festival, there is once confused of market, most tungsten raw material companies are reluctant to sell and hold on to see the trend of market. It results in the market’s short supply and increases of price. Summer break is often in July and August, most European countries takes summer break and stops production. The demanding is rare during this period.

6.China Tungsten Industry Association and Ganzhou Tungsten Industry Association has effects on tungsten market as well. When the market is unstable, they will preserve interests of members.

7.Market guidance price of Ganzhou Tungsten Industry Association and China Minmetals Group publicized every month have effect on market price.

8.State Reserve Bureau purchasing and storage of tungsten concentrate directly affects price. Since 2013, purchasing and storage for 5 times of tungsten concentrate, 3 of them have succeeded and affects tungsten raw material price.

9.Fanya Metal Exchange purchased a lot of APT since 2014, over 30000 tons of APT is purchased in 2014. But the price keeps sliding due to the increase of capacity. The stop of purchasing and returned of goods in the market in the beginning of 2015 causes tungsten price slumps in 2015. There is still 29651 tons of APT is stocked in Fanya, the potential effect can not be ignored.

10.Tungsten concentrate trade situation. When price difference is more than profit, capita flows into tungsten concentrate market. The trade operation will also affect market. When price of tungsten concentrate is less than manufacturing cost, traders purchase a lot as inventory then sell it at high price. The sliding of price in June,2016 is the classical operation method of traders.

Besides the above, environmental protecting policy, resource tax reform, weather condition in main factory, main stream big enterprises shut down, etc. are all ammonium paratungstate price affecting factors.