China’s Xiamen Tungsten Declined APT Bid Price for the Second Half of February 2023

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices tend to be stable in the second half of February 2023. Although the new round of long-term contract prices of large tungsten enterprises has a pullback, it shows strong resilience. The adjustment range of the guidance price is limited. The market sentiment of tungsten raw materials is still strong, but the circulation is limited.

Jiangxi Tungsten quoted high grade black tungsten concentrate for the second half of February at $18,538.5/ton, down $153.8/ton from the first half of this month. 

Xiamen Tungsten quoted APT bid price at $311.2/mtu, down $3.5/mtu compared with the first half of February.

Prices of tungsten products on February 22, 2023

Picture of tungsten ore 

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