China's Ganzhou Tungsten Declined APT Price for November

Analysis of latest tungsten market from Chinatungsten Online

The new average tungsten forecast prices from China's Ganzhou Tungsten Association and offers from listed companies were released, which declined slightly compared with list time, weakening market confidence greatly. Therefore, market transactions were concluded rarely. 

Ganzhou Tungsten Association's average tungsten forecast prices: black tungsten concentrate stood at $12,318.8/t, down $1,376.8/t month-to-month; APT price was $221.9/mtu, down $20.5/mtu from last time; medium particle tungsten powder price was $31.3/kg, down $2.3/kg. 

Zhangyuan Tungsten released its new offer levels: black tungsten concentrate (WO3≥55%) was quoted at $12,318.8/t, down $724.6/t from the second half of October; scheelite concentrate (WO3≥55%) was quoted at $12,101.4/t, down $724.6/t; APT was quoted at $218.6/mtu, down $12.3/mtu. 

Xiamen Tungsten's purchasing price for APT in the first half of November was $224.4/t, down $9.8/mtu compared with the second half of October.

Prices of tungsten products on Nov. 8, 2019

Picture of tungsten trioxide 

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