China's Zhangyuan Tungsten Raised Offers for Late December

Details: Category: Tungsten's News; Published on Tuesday, 24 December 2019 18:34

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, the tungsten prices in the Chinese market maintain stability when the rise in new guide prices from listed tungsten companies boosts market confidence, especially for tungsten miners, they have strong rised mentality. But downstream buyers' low demand for upstream products drags the price rise.

Last Friday, China's Zhangyuan Tungsten released its offers for the second half of December: wolframite concentrate (WO3≥55%) was quoted at $12,681.2/t, up $362.3/t from the first half of this month; scheelite concentrate (WO3≥55%) was quoted at $12,463.8/t, up $362.3/t; APT was quoted at $224.4/mtu, up $5.7/mtu.

Prices of tungsten products on Dec. 24, 2019

sodium tungstate price image