China’s Xianglu Tungsten Raised Offers for the First Half of April

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten powder prices in China remain stable boosted by the rise in new reference prices for early April and strong rised mentality of raw materials. 

China’s XiangLu Tungsten released its offers for the first half of April: 55% black tungsten concentrate price was $15,158.7/t, up $396.8/t; 55% scheelite concentrate price was $15,000/t, up $396.8/t; APT price was $260.1/mtu, up $6.8/mtu compared with the second half of March.

The supply in the tungsten concentrate market is still affected by environmental checks in major producing areas such as Jiangxi and Hunan provinces. While downstream buyers are not active in trading but remain rigid demand. As for the APT and tungsten powder markets, participants mainly take a watchful stance, waiting for further guidance. 

Prices of tungsten products on April 14, 2021

ammonium metatungstate price image

Picture of ferro tungsten 

ferro tungsten image

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