Zhangyuan Tungsten Declined its Long-term Contract Prices for the Second Half of April

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price continues to remain weak adjustment on April 21, 2022 because COVID-19 still has negative impact on the demand side despite of firm costs under global inflation and rising commodity prices. 

In the second half of April, the price adjustment of tungsten concentrate and ammonium paratungstate (APT) of several large tungsten enterprises was around $161.3/ton and $1.8/mtu. Affected by that, the trading negotiation on the market was slightly loosened, but the adjustment space was limited.

Zhangyuan Tungsten released its long-term contract prices for the second half of April: black tungsten concentrate (WO3≥55%) price was $18,871.0/ton, down $161.3/ton; scheelite concentrate (WO3≥55%) price was $18,629.0/ton, down $161.3/ton; APT price was $329.9/mtu, down $1.8/mtu compared with the first half of this month. 

Jiangxi Tungsten quoted high grade black tungsten concentrate at $19,274.2/ton, down $161.3/ton compared with the first half of April.

Prices of tungsten products on April 22, 2022

China’s domestic tungsten price photo

Picture of tungsten alloy rod 

tungsten alloy rod photo

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