China’s GTA Raised Its Average Tungsten Forecast Prices for December

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium metatungstate (APT) prices in China are in the upward trend thanks to the rise of new guide prices for the first half of December, strengthening market confidence. 

China’s Ganzhou Tungsten Association (GTA) released its average tungsten forecast prices for December: 55% black tungsten concentrate price was $12,769.2 per tone, up $338.5 per tone from November; APT price was $220.4 per mtu, up $4.9 per mtu; medium particle tungsten powder price was $30.8 per kilogram, up $.0.6 per kilogram form last month. 

Xiamen Tungsten’s offer for APT for the first half of this month was $219.9 per mtu, up $3.5 per mtu from the second half of November.

Prices of tungsten products on December 9, 2020

Picture of tungsten needle 

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