Tungsten Powder Prices Maintain Stability on High Costs

Details: Category: Tungsten's News; Published on Wednesday, 23 January 2019 17:19

Analysis of latest tungsten market from Chinatungsten Online

Zhangyuan Tungsten released its new offer levels for the second half of January: black tungsten concentrate (WO3≥65%) was quoted at $14,615.4/t; scheelite concentrate (WO3≥65%) was quoted at $14,384.6/t; ammonium paratungstate (APT) was quoted at $260.8/mtu.

For Xiamen Tungsten, its purchase price of APT for the second half of January was $262.5/mtu.

The new guide prices from large tungsten enterprises are unchanged from the first half of January, which shows strong stabilization of market participants. Due to environmental protection reducing production, tungsten concentrate supply is tight and low-price resources are not available.

APT manufacturers stabilize their offer levels on reduced profits and remain low operating rate. Tungsten powder prices also maintain stability supported by costs. In the short term, terminal alloy and product market will remain low trading activity.

Prices of tungsten products on Jan. 23, 2019

ammonium paratungstate price picture