China Nonferrous Metals News
The domestic tungsten market remained flat this week with few transactions, concentrate vendors continued to hold firm on prices and downstream smelters were cautious about restocking. Mainstream wolframite concentrates (65% WO3) were quoted at RMB112,000~114,000/t, scheelite concentrates (65% WO3) at RMB111,000~113,000/t and concentrate concentrates (50~55% WO3) at RMB109,000~111,000/t.
The domestic APT market has been under pressure, with mainstream quotations falling to RMB173,000~175,000/t. High-price level transactions were sparse this week.