China’s Jiangxi Tungsten Raised Black Tungsten Concentrate Offer for Early February

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price has shown a steady trend at the beginning of February, 2022. Representative agencies of major producing areas and several large tungsten companies have made a good start after the Spring Festival due in part to the strong market before the holiday. 

However, when the actual supply and demand of the market are not yet clear, the positive quotations have brought obvious positive effects to the mentality of the participants, especially the quotations on the raw material side are tentatively raised. As the trading in the market has not fully recovered before the Lantern Festival, and there is a certain fear of heights at the back end, the overall transaction of the tungsten market is still relatively quiet. 

China’s Jiangxi Tungsten Holding Group has raised its offer for high-grade black tungsten concentrate to $18,571.4/ton, from $18,254.0/ton at the second half of January.

Prices of tungsten products on Feb. 10, 2022

Picture of tungsten ore 

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