China’s Zhangyuan Tungsten Declined New Offer Levels for Early May

Analysis of latest tungsten market from Chinatungsten Online

Ganzhou Tungsten Association released its new average tungsten forecast prices for May: wolframite concentrate was $14,531.3/t; ammonium paratungstate (APT) was $256/mtu, down $3.5/mtu compared with last month; medium particle tungsten powder was $35.3/kg, down $0.63/kg from last month. 

Zhangyuan Tungsten’s offers for the first half of May: wolframite concentrate (WO3≥55%) was quoted at $14,531.3/t; scheelite concentrate (WO3≥55%) was quoted at $14,296.9/t; APT was quoted at $256/mtu, down $1.8/mtu from the second half of April. 

For Xiamen Tungsten, the price for APT was $257.8/mtu, down $3.5 compared with the second half of last month.

Prices of tungsten products on May 8, 2019

tungsten carbide powder price image

Picture of tungsten carbide powder 

tungsten carbide powder image

Follow our WeChat to know the latest tungsten price, information and market analysis.