The Ganzhou Tungsten Industry Association raised predicted prices of tungsten products in January on Tuesday.
The following table shows the predicted prices of tungsten products in January.
|
Item |
Predicted price in Jan. |
Change on month |
|
Black tungsten concentrate |
66,000 yuan/tonne |
Up 4,000 yuan/tonne |
|
Ammonium paratungstate (APT) |
103,000 yuan/tonne |
Up 3,000 yuan/tonne |
|
Tungsten powder |
162 yuan/kg |
Up 2 yuan/kg |
Producers of tungsten concentrate and APT were reluctant to sell goods, leading to difficult purchases on the domestic market. In addition, the decline in tungsten imports also lent support to price, said the Shanghai Metals Market (SMM), a leading metal information provider in China.
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