China’s GTA Raised Average Tungsten Forecast Prices for January, 2022

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market remains strong at the beginning of the year 2022. Tungsten association increased the average tungsten forecast prices for January, and listed tungsten companies raised their bid prices for the first half of this month as well. 

Ganzhou Tungsten Association (GTA)’s average tungsten forecast prices for January, 2022: 55% black tungsten concentrate price was $17,460.3/ton, an increase of 793.7/ton compared with December, 2021; ammonium paratungstate (APT) price was $306.7/mtu, an increase of $14.3/mtu month-on-month; medium particle tungsten powder price was $40.8/kg, an increase of $0.3/kg month-on-month. 

Zhangyuan Tungsten’s offers for the first half of January: black tungsten concentrate (WO3≥55%) was quoted at $17,460.3/ton, up $317.5/ton from the second half of December, 2021; scheelite concentrate(WO3≥55%) was quoted at $17,222.2/ton, up $317.5/ton; APT was quoted at $306.7/mtu, up $7.2/mtu from the second half of December, 2021. 

Jiangxi Tungsten raised offers from $17,460.3/ton to $17,857.1/ton for early January; Xiamen Tungsten’s APT bid price was $304/mtu, up $6.3/mtu compared with the second half of December, 2021.

Prices of tungsten products on January 7, 2022

China tungsten price image

Picture of violet tungsten oxide

violet tungsten oxide image

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

 

 

WeChat