China’s Xianglu Tungsten Raised Offers for Late January

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China continue to stabilize as market participants are optimistic about the outlook at present. On the hand, the supply in the market is tight, boosting market confidence; on the other hand, the continued spread of Covid-19 and reduced export worry insiders. 

With the approaching of Chinese Spring Festival and more policies to control the spread of coronavirus in China, the market is expected to be stable with low trading activity in the short term. 

China’s Xianglu Tungsten’s offers for the second half of January: 55% black tungsten concentrate was quoted at $14,206.3/t, up $238.1/t compared with the first half of this month; 55% scheelite concentrate was quoted at $14,047.6/t, up $238.1/t; ammonium paratungstate (APT) price was quoted at $243.9/mtu, up $1.8/mtu from early January.

Prices of tungsten products on January 27, 2021

Picture of tungsten acid 

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >