Recently, Ganzhou Tungsten Industry Association recently released the forecast price of tungsten market in August, including wolframite (55 degrees) 111500 yuan / standard ton, ammonium paratungstate 169000 yuan / ton, medium particle tungsten powder 263 yuan / kg. It is understood that this is the largest price adjustment of the Ganzhou Tungsten Association this year, with wolframite (55 degrees) and ammonium paratungstate increasing by more than 10,000 yuan / ton.
Tungsten prices have continued to rise this year, with wolframite concentrates (≥ 55 per cent) up 30 per cent since the beginning of the year, up 25500 yuan per tonne, according to SMM. Ammonium paratungstate (domestic) increased by 28.9%, or 38000 yuan per ton. Most other varieties have increased by more than 20%.
SMM will later on the tungsten prices continue to rise in-depth analysis of the market, please stay tungsten!
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