China Nonferrous Metals News

The domestic tungsten concentrate market remained stable this week with mainstream wolframite concentrate (65% WO3) prices at RMB108,000~110,000/t, scheelite concentrate (65% WO3) prices at 107,000~109,000/t and tungsten concentrates (50~55% WO3) at RMB105,000~107,000/t.

The domestic APT market appeared to have stagnated this week, with mainstream prices sitting at RMB162,000~164,000/t. Propped by strong concentrate prices, and in the face of lower long-term contract prices at RMB162,000~163,000/t for the last two weeks of September, APT smelters have been reluctant to sell – seeing spot APT transaction prices remaining at this level.

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