China Commodity Market Place
Guangdong Xianglu increased its long-term contract prices for tungsten concentrates by RMB 2,500/t from April to reach RMB 117,500/t for wolframite concentrate and RMB 116,500/t for scheelite concentrate (55% WO3) in May. The company also raised its APT prices by RMB 2,500/t to RMB 179,500/t.
Fujian Xiamen Tungsten (XTC) reduced its long-term contract APT prices for the last two weeks of May by RMB 1,000/t to RMB 179,500/t this week.
