China’s GTA Raised Average Tungsten Forecast Prices for August

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in China continue to keep firm as new average tungsten forecast prices from associations were raised as expected, which boosts market confidence. 

China’s Ganzhou Tungsten Association (GTA) released its average tungsten forecast prices for August: 55% wolframite concentrate price was 12,461.5/t, up $461.5/t month-to-month; ammonium paratungstate (APT) price was $208.5/mtu, seeing an increase of $7.5/mtu from last month; medium tungsten powder price was $29.1/kg, up $1.2/kg. 

Jiangxi Tungsten’s quote for high grade back tungsten concentrate was $12,352.9/t, up $441.2/t compared with last month. 

Xiamen Tungsten's APT price was quoted at $208.5/mtu, an increase of $4.2/mtu form the second half of July.

Prices of tungsten products on Aug. 7, 2020

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Picture of blue tungsten oxide 

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