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Domestic tungsten market price

The stable and tight supply of tungsten market, the steady growth of demand, the continuous improvement of the balance of supply and demand, the strengthening of safety and environmental protection regulation, and the rising cost effectively support the stable operation of tungsten market price.

According to statistics of China tungsten industry association, domestic tungsten concentrate prices in the first half of the year were running between 108,000 yuan/ton and 11,500 yuan/ton, which was in the middle of the price level in the last decade with a fluctuation range of 6.5%.

The average price of domestic tungsten concentrate in the first quarter was 11,500 thousand yuan/ton, up 52.04 percent year-on-year, up 5.05 percent month-on-month. The average price of domestic tungsten concentrate in the second quarter was 110,700 yuan/ton, up 35.52% year on year and down 0.70% month-on-month. The average price of domestic tungsten concentrate in the first half was 11,100 thousand yuan/ton, up 43.33 percent year-on-year.

Due to insufficient construction of environmental protection treatment, APT was in short supply in the second quarter and prices rose, while consumption of tungsten concentrate decreased and prices fell.

According to statistics of China tungsten industry association, domestic APT prices in the first half of the year were running between 16800,000 yuan/ton and 18.00 million yuan/ton, with a fluctuation range of 7.10% and overall stability. The average price of domestic APT in the first quarter was 172,600 yuan/ton, up 52.47% year-on-year, and up 5.00% month-on-month. The average price of domestic APT in the second quarter was 175,400 yuan/ton, up 40.27% year-on-year, and 1.60% month-on-month. The average price of domestic APT in the first half was 17400,000 yuan/ton, up 46.07 percent year-on-year.
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