RE:RE:RE:Tungsten APT Rises Againrockminer56 wrote: That an interesting figure as China Tungsten has the price at $368.00 and they are often quoted as expert, as they are the most involved (by volume).
II think Argus is often quoted at a lower price than China Tungsten, and it is curious as to how they get different values. Would be a possibility of arbitrage if the units were traded in volume on an exchange like gold.
The difference is $21.00 us which is pricey
I just cant trust anything from China or the Asian Metals price index website. You have to register to access ,, A hackers dream.
Steer clear of all things Cineese except food.
I would rather trust Argus over them.
$310 at April 22 2024 to $348 today.
That is a big jump in less than a month, and if this trend keeps up maybe $400 at production start ?
Still the other Almonty mines will benefit. https://www.argusmedia.com/metals-platform/price/assessment/tungsten-apt-fob-china--per-mtu-wo3--prices-PA00145020000