China’s Xianglu Tungsten Raised its Long-term Contract Prices for the Second half of December 2022

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten carbide powder prices remain at a relatively high level on December 27, 2022 as the whole supply is tight with more and more people infected with Covid. 

With the approaching of the New Year's Day, superimposed on the recent widespread epidemic infection, the operating rate of producing enterprises reduced, and the purchasing sentiment of intermediate traders and downstream users remained cautious. In the short term, the tungsten products market mainly stayed on the sidelines during the transition period of the adjustment of epidemic prevention and control measures. 

China’s Xianglu Tungsten released its long-term contract prices for the second half of December: black tungsten concentrate price was $16,691.2/ton, up $220.6/ton; scheelite concentrate price was $16,544.2/ton, up $220.6/ton; APT price was $290.8/mtu, up $5.0/mtu compared with the first half of December.

Prices of tungsten products on December 28, 2022

Picture of tungsten acid 

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