China’s GTA Increased Average Tungsten Forecast Prices for November

Analysis of latest tungsten market from Chinatungsten Online

China’s Ganzhou Tungsten Association (GTA) increased its average tungsten forecast prices for November while other state-owned tungsten companies lowered down their offers for early this month. 

Jiangxi Tungsten quoted high grade black tungsten concentrate at $17,619/ton, down $317.5/ton compared with the second half of October. 

Zhangyuan Tungsten released its bid prices for the first half of November: black tungsten concentrate (WO3≥55%) price was $17,301.6/ton, down $158.7/ton from late October; scheelite concentrate (WO3≥55%) price was $17,063.5/ton, down $158.7/ton; APT price was $305.8/mtu, down $2.7/mtu compared with the second half of October. 

Ganzhou Tungsten Association’s average tungsten forecast prices for this month: 55% black tungsten concentrate price was $17,301.6/ton, up $79.4/ton compared with last month; APT price was %$305.8/mtu, up $2.7/mtu; medium particle tungsten power price was $42.1/kg, up $0.5/kg from October. 

Xiamen Tungsten quoted APT bid price for the first half of this month was $306.7/mtu, down $1.8/mtu from last time.

Prices of tungsten products on November 9, 2021

Picture of tungsten oxide 

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