China Commodity Marketplace
The domestic tungsten market remains unmoving, with tungsten concentrate holders holding firm on prices and downstream APT and carbide producers uninterested in restocking, resulting in market gridlock. Mainstream wolframite (65% WO3) is being quoted at RMB83,000~84,000/t and scheelite (65% WO3) prices are RMB82,000~83,000/t and tungsten concentrate prices (50~55% WO3) are RMB79,000~82,000/t.
The domestic APT market remains stable today, with mainstream prices between RMB125,000 and 127,000/t.
