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Tungsten market confidence to boost tungsten concentrate low offer or reduce


Release time:

2022-12-03

Tungsten market confidence to boost tungsten concentrate low offer or reduce

 

Stimulated by the news of the State Reserve and the price increase of large enterprises, the confidence in the tungsten market has been further boosted. Mines are willing to raise their quotations, traders are more reluctant to sell and cover their goods, and the difficulty coefficient of tungsten concentrate procurement has greatly increased. It is expected that the low quotation in the tungsten concentrate market will decrease in the later period, and the mainstream of tungsten concentrate of 60 degrees and above will rise to 6.8-71000 yuan/ton.

Average Market Price of Main Tungsten Products

 

Products

Content

Price

export price

wolframite concentrate

≥65%

70000 yuan/ton

/

scheelite concentrate

≥65%

68000 yuan/ton

/

Ammonium paratungstate

≥ 88.5%

107000 yuan/ton

US $220/ton

tungsten powder

≥ 99.95%

166 yuan/kg

US $26/kg

tungsten carbide powder

≥99.7%

164 yuan/kg

US $25/kg

1# tungsten bar

≥ 99.95%

225 yuan/kg

$34.88/kg