Ganzhou Tungsten Association Raised Average Tungsten Forecast Prices for June

Analysis of latest tungsten market from Chinatungsten Online

The tungsten price in China continues to maintain stability in the week began on Monday June 8. Although tungsten associations and listed tungsten companies raised slightly the new guide prices for this month, the whole market keeps cautious sentiment. 

China's Ganzhou Tungsten Association release its average tungsten forecast prices for June: 55% wolframite concentrate price was $11,617.6/t, up $441.2/t from last month; ammonium paratungstate (APT) price was $202.7/mtu, up $6.6/mtu; medium particle tungsten powder price was $28.5/kg, up $0.6/kg from May. 

Zhangyuan Tungsten's released its offers for June: 55% wolframite concentrate was quoted at $11,617.6/t; 55% scheelite concentrate was quoted at $11,397.1/t; APT was quoted at $202.7/mtu. 

Jiangxi Tungsten's offer for high grade wolframite concentrate was $12,058.8/t, up $588.2/t compared with May.

Prices of tungsten products on June 8, 2020

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