Tungsten Prices Climbing Slowly

A shortage of supply, though bad for the market, can definitely be good for prices. Tungsten APT prices are currently sitting at $400 to $410 per metric ton unit.

It is reported that “Chinese tungsten APT prices have kept rising as smelters try to avoid APT production costs rising higher than sales prices.”

Prices for tungsten APT 88.5 percent have climbed from last week’s 212,000 to 215,000 renminbi per tonne to 215,000 to 220,000 renminbi.

Buyers, the smelters explained, are unwilling to pay more than 215,000 renminbi per tonne. So far this year, prices have climbed by 22 percent.
 

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