China's Xianglu Tungsten Raised Offers for Tungsten Products

Details: Category: Tungsten's News; Published on Friday, 13 December 2019 10:19

Analysis of latest tungsten market from Chinatungsten Online

The tungsten prices in China maintain stability on the whole. Although raw material manufacturers have the willingness of supporting current prices, the weak demand side and the unclear outlook of economy weaken market confidence. Considering the imbalanced supply and demand, and low trading activity in the market, the price trend is expected to stabilize in the short term.

China's Xianglu Tungsten released its offers for the first half of December: black tungsten concentrate (WO3≥55%) was quoted at $12,608.7/t, up $724.6/t compared with the second half of November; scheelite concentrate (WO3≥55%) was quoted at $12,463.8/t, up $724.6/t; APT was quoted at $222.7/mtu, up $9.8/mtu.

Prices of tungsten products on Dec. 12, 2019

ferro tungsten price image