China’s Zhangyuan Tungsten Stabilized Tungsten Forecast Prices for September

Analysis of latest tungsten market from ChinaTungsten Online

China’s Zhangyuan Tungsten released tungsten forecast prices for the second half of September: 65% wolframite concentrate and scheelite concentrate were quoted at $15,230.8/t and 15,000/t, respectively; ammonium paratungstate (APT) was quoted at $274.7/mtu, unchanged from last time. The stability means mainstream tungsten product prices will tend to stabilize in the short term.

Tungsten concentrate sellers are reluctant to sell when prices are below $15,384.6/t and weak demand presses down tungsten ore prices. APT and tungsten powder prices are expected to stabilize on the quiet trading activity. With the approaching of Mid-Autumn Festival, China tungsten market would continue to be thin.

Prices of tungsten products on Sep. 21, 2018

Picture of tungsten powder

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