China’s GTA Raised Average Tungsten Forecast Prices for September

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market is supported by the rise in new average tungsten forecast prices from listed tungsten companies and tungsten associations. Sellers have strong rised mentalty and the demand side signs sign of recovery.

China’s Ganzhou Tungsten Associatio (GTA) expects the price for black tungsten concentrate, basis 55% WO3, in China’s domestic market to average $12,720.6 per tonne in September, an increase of $808.8 per tonne compared with August; ammonium paratungstate (APT) was quoted at $217.7 per mtu, up $9.2 per mtu; medium particle tungsten powder price was $30.2 per kilogram, up $1.0 per kilogram.

Zhangyuan Tungsten’s offers for September: black tungsten concentrate (WO3≥55%) was quoted at $12,720.6 per tonne; up $661.8 per tone from the second half of August; scheelite concentrate (WO3≥55%) was quoted at $12,500.0 per tone, up $661.8 per tone; APT was quoted at $217.7 per mtu, up $8.3 per mtu from last time.

Xiamen Tungsten’s offer for the first half of September was $214.1 per mtu, up $4.7 per mtu from the second half of August. 

Jiangxi Tungsten quoted high-grade black tungsten concentrate at $12,941.2 per tonne, up $588.3 per tonne from August.

Prices of tungsten products on September 9, 2020

Picture of tungsten powder 

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