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[www.ferro-alloys.com] According to the February forecasting average price predicted by Ganzhou Tungsten Industry Association, the price of the black tungsten concentrate will increase to RMB9000/mt to RMB75,000/mt, up by 14%. The price will reach its highest point since July of last year.

As is proved by industry insiders, the March price of tungsten concentrate might show a trend of slow rising because the up-rising expectations of the upstream tungsten ores and the Replenishment demand after Spring Festival. Among the listed companies, Xiamen Tungsten Industry Company is the largest producer and exporter of tungsten oxide, tungsten powder, tungsten carbide powder in China. What is more, Zhangyuan Tungsten Industry Company established complete integrated producing system from upstream mining and beneficating, middle-stream smelting, to downstream deep processing.

• [Editor:Chen Zhen Seng]