The Price of Tungsten Goes Up Again
After a brief digestion toward the raises on the previous day, the price of tungsten goes up again today. Sheelite concentrate rose about RMB1000/MT today and it remains at RMB81,000-84,000/MT at present.
Price in Ganzhou is relatively expensive, while low in Dayu district. Tungsten iron merchants keep watching for the time, but it is uncertain that the price may raise in a short time. The price of APT has increased by about RMB1500/MT, and it is especially obvious in Zhuzhou. Tungsten products and waste tungsten are relatively flat, which do not show any big changes, but disparity has occurred by comparison with quality products.
It is predicted that there are still spaces for increasing in post-market.
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