Ganzhou Tungsten Association (GTA) Raised its Average Tungsten Forecast Prices for December

Analysis of latest tungsten market from Chinatungsten Online

The new guide prices from listed tungsten enterprises and tungsten association for the first half of December were raised, which shored up market confidence to some extent. 

Ganzhou Tungsten Association (GTA) released its average tungsten forecast prices for December: 55% black tungsten concentrate price was 15,955.9/ton, up %367.6/ton; APT price was $280.0/mtu, up $5.8/mtu; medium particle tungsten powder price was $38.5/kg, up $1.0/kg compared with November. 

Zhangyuan Tungsten’s long-term contract prices for the first half of December: black tungsten concentrate (WO3≥55%) price was $15,955.9/ton, up $294.1/ton; scheelite concentrate (WO3≥55%) price was $15,735.3/ton, up $294.1/ton; APT price was $280.0/mtu, up $5.8/mtu compared with the second half of November 2022. 

Jiangxi Tungsten quoted high-grade concentrate at $16,250.0/ton, up $147.1/ton compared with the second half of November.

Xiamen Tungsten raised its APT bid price from $273.3/mtu to $279.2/mtu.

Prices of tungsten products on December 7, 2022

Picture of tungsten ore 

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