Tungsten Companies Raised New Reference Prices for March

Analysis of latest tungsten market from Chinatungsten Online

The listed tungsten companies and associations raised their new reference prices for March, keeping in line with current market trend. Raw materials have strong rised mentality while downstream buyers remain cautious sentiment in inquiring. In the short term, participants will take a watchful stance for the recovery in economy and demand. 

Zhangyuan Tungsten’s offers for the first half of March: black tungsten concentrate (WO3≥55%) price was $15,000.00 per tone, up $555.6 per tone compared with the second half of February; scheelite concentrate (WO3≥55%) price was $14,761.9 per tone, up $555.6 per tone; ammonium metatungstate (APT) price was $260.1 per mtu, up $10.8 per mtu from the late February. 

Xiamen Tungsten quoted APT price for early March at $253.8 per mtu, seeing an increase of $4.5 per mtu compared with the second half of February. 

Jiangxi Tungsten quoted high-grade black tungsten concentrate price at $15,317.5 per mtu, up $6.3 per mtu compared with last month.

Prices of tungsten products on March 9, 2021

China APT price image

Picture of ferro tungsten 

ferro tungsten image

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