China Commodity Marketplace
Domestic tungsten concentrate prices remained stable at low levels this week led by continuing sluggish demand, and domestic tungsten concentrate holders remained firm on prices. At present, wolframite (65% WO3 grade) mainstream quotations are at RMB83,000~84,000/standard t; scheelite (65% grade) is at RMB82,000~83,000/standard t and tungsten concentrates (50~55% grade) at RMB 79,000~82,000/standard t.
Domestic APT prices fell slightly, seeing mainstream quotations at RMB126,000~127,000/t. Given continuing cost pressures, APT smelters tended to hold firm above RMB125,000/t for spot sales by cash.