China Tungsten Price Remained Weak Adjustment in November 2022

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained weak adjustment overall in November 2022. In the first half of this month, product prices declined affected by weak demand; but with the decline in the operating rate of raw material factories and squeezed product profits, market prices gradually stabilized in the second half of this month. 

In November, the average price pf 65% black tungsten concentrate was $16,073.5/ton, down 1.89% month-on-month and 4.87% year-on-year; the average price of 65% scheelite concentrate was $15,779.4/ton, down 1.92% month-on-month and 5.04% year-on-year; the average price of ammonium paratungstate (APT) was $276.0/mtu, down 2.47% month-on-month and 5.68% year-on-year; the average price of tungsten powder was $37.3/kg, down 2.13% month-on-month and 5.36% year-on-year; the average price of tungsten carbide powder was $36.9/kg, down 2.31% month-on-month and 5.77% year-on-year; the average price of 70 ferrotungsten was $24,485.3/ton, a month-on-month decrease of 2.46%, and a year-on-year decrease of 1.36%; the average price of tungsten bars was $49.3/kg, down 0.08% month-on-month and up 6.18% year-on-year; the average price of cobalt powder was $52.2/kg, down 3.49% month-on-month and 41.57% year-on-year.

Prices of tungsten products on December 1, 2022

Picture of tungsten trioxide 

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