Jiangxi Tungsten Lifted its Second-half April Black Tungsten Concentrate Bid Price

Analysis of latest tungsten market from Chinatungsten Online

China’s major tungsten producers and raw material consumers lifted up their bid prices for the second half of April, keeping in line with current market trend. The rise is expected to shore up market confidence and promote suppliers to hold offer prices firm in the short term. 

Zhangyuan Tungsten’s bid prices for late this month: wolframite concentrate (WO3≥55%) price was $15,079.4 per ton, up $317.5 per ton compared with the first half of this month; scheelite concentrate price (WO3≥55%) was $14,841.3 per ton, up $317.5 per ton; ammonium paratungstate (APT) price was $260.1 per mtu, up $6.3 per mtu from early this month. 

Jiangxi Tungsten lifted its second-half April black tungsten concentrate bid price to $15,317.5 per ton from $15,079.4 per ton in the first half of this month. 

In response to the sharp rise in raw material prices, the situation of medium-sized manufacturing companies facing the risk of loss or bankruptcy, the Ministry of Industry and Information Technology stated that this round of commodity price increases has an impact on the manufacturing industry, but is generally controllable. Relevant departments have taken measures to strengthen the work of ensuring supply and stabilizing prices.

Prices of tungsten products on April 22, 2021

ammonium paratungstate price image

Picture of sodium tungstate

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