China's Ganzhou Tungsten Raised Tungsten Average Forecast Prices for December

Analysis of latest tungsten market from Chinatungsten Online

The tungsten average forecast prices from China's Ganzhou Tungsten Association and offer levels from listed tungsten companies were released gradually, which were raised slightly compared with the ones in November. But the adjustment is limited and is not expected to affect current price trend greatly. 

Ganzhou Tungsten Association's average tungsten forecast prices for December: black tungsten concentrate price was $12,318.8/t, unchanged from last month; APT price was $218.7/mtu, unchanged; medium particle tungsten powder price was $30.7/kg, down $0.6/kg. 

Zhangyuan Tungsten released its new offers for the first half of December: black tungsten concentrate (WO3≥55%) was quoted at $12,318.8/t, up $434.8/t; scheelite concentrate (WO3≥55%) was quoted at $12,101.4/t, up $434.8/t; APT was quoted at $218.7/mtu, up $5.7/mtu compared with the second half of November. 

Xiamen Tungsten's new offer of APT for early this month was $221.1/mtu, up $8.2/mtu from last time.

Prices of tungsten products on Dec. 9, 2019

Picture of tungsten disulfide

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