China Mg Production of 58 kt in May 2023
09/06/23 | Magnesium
Shanghai Nonferrous Metals News China produced 58 kt of magnesium in May 2023, down by 17.3% m-o-m and down by 32.7% y-o-y. China’s total magnesium production during the first five months of 2023 reached 327 kt, a sharp fall of 22.6% y-o-y. With the semi-coke furnace retrofitting policy being implemented…
Zhangyuan W: Long-term Contract Prices for June
07/06/23 | Tungsten
Shanghai Nonferrous Metal News Zhangyuan Tungsten published the long-term contract prices for the first two weeks of June this Tuesday, which are all up slightly from the previous term. Wolframtie concentrate (55% WO3) at RMB 119,000/t, up by 500/t Shceelite concentrate (55% WO3) at RMB 117,500/t, up by 500/t APT…
Domestic Mg Prices Drop Slightly
06/06/23 | Magnesium
Asian Metal News Domestic magnesium prices fell by RMB 400/t from last Friday to RMB 21,300~21,800/t ex-work by cash this Monday, with the market appearing slow with weak demand and cautious buyers. One downstream buyer in northern China has received quotations at RMB 21,500/t ex-works by cash, but in view…
Domestic Mg Prices Rebound
02/06/23 | Magnesium
Asian Metal News Domestic magnesium prices bounced back to RMB 21,700~22,000/t ex-works by cash this week after a rapid fall of nearly RMB 1,000/t – led by falling raw material prices – last week. Industrial commentators forecast domestic magnesium prices to keep stable at the current level next week buoyed…
Salt Lake: Average Daily Production of Li Carbonate Exceeds 100 t
01/06/23 | EV
Shanghai Nonferrous Metals News Salt Lake Co. Ltd: The company has developed a series of products such as magnesium alloy die-casting parts. At present, the daily production of lithium carbonate exceeds100 t. With increasing temperature, the production of lithium carbonate will grow further. At the same time, the company will…
Domestic Mg Prices Remain Weak
25/05/23 | Magnesium
Asian Metal News Mainstream domestic magnesium prices dropped by RMB 1,200/t from last Friday to RMB 23,900~24,400/t by cash led by fierce price competition among sellers and cautious buyers. Industry commentators forecast domestic magnesium prices will continue to be weak, albeit with a smaller fall next week. A northern smelter…
Long-term Contract Prices of W Concentrates and APT
18/05/23 | Tungsten
China Commodity Market Place Guangdong Xianglu increased its long-term contract prices for tungsten concentrates by RMB 2,500/t from April to reach RMB 117,500/t for wolframite concentrate and RMB 116,500/t for scheelite concentrate (55% WO3) in May. The company also raised its APT prices by RMB 2,500/t to RMB 179,500/t. Fujian…
China NPI Production at 28.4 kt
17/05/23 | Nickel
Shanghai Nonferrous Metals News China produced 28.4 kt of NPI (in Ni metal) in April 2023, seeing actual NPI production at 243 kt, down by 4.7% m-o-m and down by 25% y-o-y. Despite improved NPI prices in April, some domestic NPI smelters were still operating under production cuts due to…
Domestic Mg prices Slide in April
17/05/23 | Magnesium
China Nonferrous Metals News Domestic magnesium prices have been fluctuating between RMB 20,200~ 28,700/t in during April, with average monthly prices at RMB 24,038/t, down by 37% m-o-m. The average price during the first four months of 2023 was RMB 21,981/t, down by 48% y-o-y. The news of semi-coal furnace…
