China Commodity Marketplace News
The domestic tungsten concentrate market remains stable with a slight increase this week. Mainstream wolframite concentrate (65% WO3) prices at RMB110,000~112,000/t, scheelite concentrate (65% WO3) prices at RMB110,000~111,000/t and tungsten concentrates (50~55% WO3) at RMB107,000~110,000/t.
Mainstream APT quotations increased to RMB169,000~172,000/t. Buoyed by rising subsidiary materials costs, some producers raised their prices to more than RMB173,000/t with few transactions at below RMB170,000/t.