Tungsten Price Keeps Stable in July
- Details
- Category: Tungsten's News
- Published on Thursday, 24 July 2014 15:29
At the beginning of this month, the trade of tungsten has been stable and moving smoothly, but price of tungsten ranges from raw material tungsten concentrate to tungsten finished parts has been staying stable, without the trend of increasing until end of July.
Tungsten concentrate price has remained 110,000 RMB yuan/ton, and it has been not so high since the beginning of 2014. The above price is for 65 degree tungsten concentrate, and for 60 degree price will be in 2,000 RMB yuan/ton less than 65 degree. As for the stable price of tungsten concentrate, tungsten oxide/trioxide is keeping at 210,000.00RMB yuan/ton for both yellow tungsten oxide and blue tungsten oxide. AMT is almost 205,000.00RMB yuan/ton, and APT 175,000.00RMB yuan/ton.
Important products made from tungsten concentrate, tungsten powder, can be purchased at 295,000 RMB yuan/ton, as a direct result, the price of regular tungsten finished products is stabilized at to 400,000 RMB yuan/ton. So is the trend of tungsten carbide price and tungsten alloy price.
It is also reported from China that owners of tungsten concentrate stay attitude of waiting, or sale the material in spot cash. Therefore, if requirement of tungsten oxide, AMT, APT and other tungsten powder products to prepare some at most or can wait for the price trend in very end of July, reported from Chinatungsten Online.
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