China Commodity Marketplace
Domestic tungsten prices have been stable recently. Mainstream wolframite (65% WO3) prices are steady at RMB112,000~113,000/t, scheelite prices (65% WO3) at RMB111,000~112,00/t and tungsten concentrate (50~55% WO3) prices at RMB108,000~111,000/t. Spot market transactions were few, with APT smelters reluctant to restock at high prices, while low-price concentrates were limited.
Mainstream domestic APT was being quoted at RMB167,000~168,000/t, holding stable w-o-w. Most transactions were settled at RMB167,000/t on the spot market by cash.