China’s GTA Raised its Average Tungsten Forecast Prices for September

Ganzhou Tungsten Association(GTA) released its average tungsten forecast prices for September: wolframite concentrate price was $11,060.6/t, up $681.8/t from last time; APT price was $193.5/mtu, up $7.7/mtu; medium particle tungsten powder prices was $27.3/kg, down $0.3/kg.

Zhangyuan Tungsten’s new offers for the first half of September: wolframite concentrate was quoted at $11,030.6/t; up $681.8/t from the second half of last month; scheelite concentrate was quoted at $10,833.3/t, up $681.8/t; APT was quoted at $193.5/mtu, up $7.7/mtu.

The rise in new guide prices boosts tungsten market confidence to some extent, but there is still gaps to meet the psychological prices of traders. This week, insiders would wait for the following up in the demand side.

Post time: Sep-10-2019

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