China Commodity Marketplace
The domestic tungsten concentrate market remains firm, seeing the mainstream wolframite concentrate (65% WO3) price stable at RMB 119,000~121,000/t, scheelite concentrate (65% WO3) prices up to RMB 118,000~120,000/t and tungsten concentrate (55% WO3) up to RMB 116,000~118,000/t. Downstream buyers continue cautious, with few transactions, mainly driven by fixed demand.
Domestic APT prices stabilized this week, seeing mainstream quotations at RMB 182,000~184,000/t. Backed by rising production costs and increased tolling charges, APT smelters are tending to hold firm at RMB 182,000~183,000/t for spot sales by cash.