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 increasing greatly. 

 

Tungsten concentrate price has exceeded 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 climbing up price of tungsten concentrate, tungsten oxide/trioxide is also going up to 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, is also rising to 295,000 RMB yuan/ton, as a direct result, the price of regular tungsten finished products is increasing 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 the price may increase smoothly in June, reported from Chinatungsten Online.