Analysis of latest tungsten market from ChinaTungsten Online
On the first trading day after the holiday of National Day, China tungsten market was caught in heavy wait-and-see atmosphere. Affected by the strong rised mentality of tungsten ore sellers, tungsten product offers are expected to edge higher. But terminal demand needs to be followed up. Market participants mainly focus on tungsten forecast prices from large enterprises.
Zhangyuan Tungsten released offers for the first half of October. wolframite concentrate (WO3≥65%) was quoted at $15,538.5/t; scheelite concentrate was quoted at $15,307.7/t and ammonium paratungstate (APT) at $278/mtu.
Prices of tungsten products on Oct. 09, 2018
Picture of blue tungsten oxide
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