China Cesium Tungsten Bronze Prices Are in the Upward Trend in Early October

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and cesium tungsten bronze prices in China continue to be in the upward trend because the rise in new guide prices from institutions and listed tungsten companies boosts market confidence. Sellers are generally reluctant to sell for higher prices. With the increase in profit margin and production resumed of mining enterprises, the spot resources increase, but actual deals still are limited due to weak demand.

China's Ganzhou Tungsten released its average tungsten forecast prices for October: wolframite concentrate price was 13,695.7/t; up $3,115/9/t compared with last month; ammonium paratungstate (APT) price was $239/mtu, up $54/mtu; medium tungsten powder price was $33.6/kg, up $7.5/kg.

Zhangyuan Tungsten's offers for the first half of October: wolframite concentrate price was 13,695.7/t; scheelite concentrate price was $13,478.3/t; ammonium paratungstate price was $239/mtu, down $34.4/mtu from last time. 

Xiamen Tungsten's purchasing price for APT in early October was $237.5/mtu, up $16.4 from the second half of September. 

Chaozhou Xianglu Tungsten also released its new offers: wolframite concentrate was quoted at $13,985.5/t; scheelite concentrate was quoted at $13,840.6/t; APT was quoted at $244/mtu, up $22.9/mtu from last month.

Prices of tungsten products on Oct. 12, 2019

China cesium tungsten bronze prices image

Picture of tungsten powder 

tungsten powder image

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