The tungsten alloy market rose steadily this week, and price increases slowed compared with last week. As of Friday, the price of tungsten concentrate 65% is 86,000-88,000 yuan/ton; the price of ferrotungsten is 136,000-137,000 yuan/ton; the price of APT is 129,000-131,000 yuan/ton. Affected by the rising price of domestic large tungsten companies, market confidence has increased, the overall atmosphere is more positive, some manufacturers of tungsten concentrate quoted at 88,000 yuan / ton, ammonium secondary tungsten acid price in 132,000 yuan / ton. At present, market participants trading more cautious, but supported by raw material costs in the future market will continue to stabilize.

The following is a quotation for large enterprises:

A large tungsten enterprise in Guangdong: Long purchase price for the second half of December: black tungsten concentrate 55%: 86,500 yuan/ton, up 1,500 yuan/ton compared to the first half of December; cheelite concentrate 55% 85,500 yuan/ton, up 1,500 yuan/ton compared to the first half of December; APT 131,400yuan/ton, up 2,400 yuan/ton compared to the first half of December. (all acceptance price)

Zhangyuan Tungsten Industry: Chongyi Zhangyuan Tungsten Industry Co., Ltd., The quotation for the second half of the month of December is as follows: Black tungsten concentrate (WO3≥55%: 84,500 yuan/ton, up 1,000 yuan/ton compared to the first half of December; cheelite concentrate (WO3≥55%):83,000 yuan/ton, up 1,500 yuan/ton compared to the first half of December; APT (GB zero):129,000 yuan / ton, up 2,500 yuan/ton compared to the first half of December.(Note: the above unit price includes 13% VAT.)

Ganzhou Tungsten Association: In the second half of December 2020, the price is as follows: 55% wolframite concentrate 84,500 yuan / ton; 55% scheelite concentrate 83,000 yuan / ton; APT 129,000 yuan / ton.

Xiamen Tungsten Industry: In the second half of December 2020, the long single cash price of APT was 129,000 yuan / ton, up 2,500 yuan/ton compared to the first half of December.

For more ferroalloys market information, please click http://www.ferro-alloys.cn/ .