Zhangyuan Tungsten Raised Long-term Contract Prices for the Second Half of July

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price is in the upward trend on the whole affected by the rise in the new guide prices released by listed tungsten companies. Market confidence was boosted and trading became active. 

But with the influence of the uncertainty of the macro environment, the unclear expectations about the epidemic, the conflict between Russia and Ukraine and the global high inflation, market demand remains weak.  

Zhangyuan Tungsten released its long-term contract prices for the second half of this month: black tungsten concentrate (WO3≥55%) price was $16,769.2/ton, up $307.7/ton; scheelite concentrate (WO3≥55%) price was $16,538.5/ton, up $307.7/ton; APT price was $294.7/mtu, up $4.3/mtu compared with the first half of July. 

Jiangxi Tungsten quoted high grade black tungsten concentrate at $17,076.9/ton, up $153.8/ton compared with the first half of this month.

Xiamen Tungsten’s APT bid price was quoted at $290.3/mtu for the second half of this month, an increase of $3.5/mtu compared with early July. 

Prices of tungsten products on July 22, 2022

Picture of tungsten rod 

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

• < Prev
• Next >