Weekly report of tungsten alloy market(01.11-01.15)

  • Friday, January 15, 2021
  • Source:ferro-alloys.com

  • Keywords:tungsten,tungsten concentrate,ferrotungsten,APT
[Fellow]The rising trend of tungsten alloy prices gradually slow down.

[Ferro-Alloys.com

Tungsten alloy market newsletter:      unit:10,000 yuan/ton

Specification 

Mon

Tue

Wed

Thu

Fri

Up and Down

tungsten concentrate

8.6-8.8

8.6-8.8

8.6-8.8

8.6-8.8

8.7-8.9

ferrotungsten

70#

13.7-13.9

13.7-13.9

14.0-14.2

14.0-14.2

14.0-14.2

APT

13.0-13.2

13.3-13.5

13.3-13.5

13.3-13.5

13.3-13.5

In this week, the tungsten alloy market is running steadily up, weekend prices are slowing from early week, the rising trend of tungsten alloy prices gradually slow down. As of Friday, the price of tungsten concentrate 65% is 87,000-89,000 yuan/ton; the price of ferrotungsten is 140,000-142,000 yuan/ton; the price of APT is 133,000-135,000 yuan/ton. The domestic wolframite concentrate price is between 87,000-88,000 yuan / ton, the scheelite concentrate price is between 88,000-89,000 yuan / ton, the market transaction is considerable; Ferrotungsten mainstream quote at 140,000-142,000 yuan / ton, it is reported that a large tungsten iron plant in  Hunan ferrotungsten70# bidding price is 141,500 yuan / ton acceptance, the bidding volume is 20 tons,  which up 1,500 yuan / ton compared with the beginning of the bidding price; On Monday, Xianglu tungsten industry released the quotation for the first half of January 2021, which the APT mainstream quotation in 135,000 yuan / ton. Supported by the cost of raw materials, tungsten alloy prices slightly higher than the previous period, but the market transactions are more cautious. Near the end of the year manufacturers are still in progress, the tungsten market is expected to continue to maintain stability in the short term.

The following are quoted prices of large enterprises:

Zhang Yuan Tungsten Industry:  Chongyi Zhangyuan Tungsten Industry Co., Ltd., the quotation for the first half of January 2021 is as follows: Black tungsten concentrate (WO3≥55%: 85,800 yuan/ton, up 1,300 yuan/ton compared to the second half of December 2020; cheelite concentrate (WO3≥55%): 84,800 yuan/ton, up 1,800 yuan/ton compared to the second half of December 2020; APT (GB zero): 131,200 yuan / ton, up 2,200 yuan/ton compared to the second half of December 2020.(Note: the above unit price includes 13% VAT.)

Xianglu Tungsten Industry: Xianglu Tungsten Industry, the quotation tax acceptance for the first half of January 2021 is as follows:  Black tungsten concentrate 55%: 88,000 yuan/ton, up 1,500 yuan/ton compared to the second half of December 2020; cheelite concentrate 55%: 87,000 yuan/ton, up 1,500 yuan/ton compared to the second half of December 2020; APT: 135,000 yuan / ton, up 3,600 yuan/ton compared to the second half of December 2020.

Jiangxi Tungsten Industry: the quotation for the first half of January 2021 of wolframite concentrate (GB Class A) is 88,000 yuan / ton, up 2,000 yuan / ton compared to December 2020.

Xiamen Tungsten Industry: In the first half of January 2021, the quotation of APT was 130,500 yuan / ton, up 1,500 yuan/ton compared to the second half of December 2020.

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

  • [Editor:wenxin]

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