China's Zhangyuan Tungsten Declined Offer Levels for Late November

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices continue to maintain stability due to heavy wait-and-see atmosphere at the end of this month. Most insiders worry for the demand and deals are hardly concluded. Therefore, the whole market remains quiet. 

China's Zhangyuan Tungsten released its new offers for the second half of November: black tungsten concentrate (WO3≥55%) was quoted at $11,884/t, down $434.8/t compared with the first half of this month; scheelite concentrate (WO3≥55%) was quoted at $11,66.7/t, down $434.8/t; ammonium paratungstate (APT) was quoted at $212.9/mtu, down $5.7/mtu from early November.

Prices of tungsten products on Nov. 22, 2019

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Picture of tungstic acid 

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