China's GTA Raised its Average Tungsten Forecast Prices for September

Details: Category: Tungsten's News; Published on Monday, 09 September 2019 16:32; Hits: 544

Analysis of latest tungsten market from Chinatungsten Online

Ganzhou Tungsten Association(GTA) released its average tungsten forecast prices for September: wolframite concentrate price was $11,060.6/t, up $681.8/t from last time; APT price was $193.5/mtu, up $7.7/mtu; medium particle tungsten powder prices was $27.3/kg, down $0.3/kg.

Zhangyuan Tungsten's new offers for the first half of September: wolframite concentrate was quoted at $11,030.6/t; up $681.8/t from the second half of last month; scheelite concentrate was quoted at $10,833.3/t, up $681.8/t; APT was quoted at $193.5/mtu, up $7.7/mtu.

The rise in new guide prices boosts tungsten market confidence to some extent, but there is still gaps to meet the psychological prices of traders. This week, insiders would wait for the following up in the demand side.

Prices of tungsten products on Sep. 9, 2019

tungsten powder price image