New Tungsten Forecast Prices Dragged Down China Tungsten Powder Prices

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices are in the downward trend affected by the decline in new tungsten forecast prices for the second half of October. The market confidence is weak and insiders are uncertain about the market outlook. Therefore, the whole market remains cautious operations. 

China's Zhangyuan Tungsten released its offers for late October: wolframite concentrate (WO3≥55%) was quoted at $13,043.5/t; down $652/t compared with the first half of this month; scheelite concentrate (WO3≥55%) was quoted at $12,826/t, down $652/t; APT was quoted at $230.9/mtu; down $8/mtu. 

Xiamen Tungsten's purchasing price for APT was $234.2/mtu, down $3.3/mtu from the first half of October.

Prices of tungsten products on Oct. 23, 2019

Picture of tungsten powder 

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