China’s Ganzhou Tungsten Declined New Tungsten Forecast Prices for June

Analysis of latest tungsten market from Chinatungsten Online

Ganzhou Tungsten released its tungsten forecast prices for the month of June: black tungsten concentrate price was $14,062.50/t, down $468.75/t compared with last month; ammonium paratungstate (APT) was $247.20/mtu, down $8.8/mtu; medium-sized tungsten powder price was $34.4/kg, down $0.9/kg from last month.

Jiangxi Tungsten’s new offers for high grade tungsten concentrate stood at $14,218.75/t, down $781.25/t from last month; Xiamen Tungsten also released its new offer levels for APT to be quoted at $247.2/mtu, down $8.8/mtu from the second half of May. 

The decline in new guide prices from large tungsten companies and institutions furthered weakened market confidence. Under the quiet market trading, the tungsten prices are expected to be in the downward trend this week.

Prices of tungsten products on Jun. 11, 2019

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Picture of tungsten oxide 

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