China Mg Exports Slow
09/02/23 | Magnesium
Asian Metal News Mainstream magnesium export prices have been stable at USD 3,360~3,410/t FOB China with taxes or USD 3,330~3,380/t FOB China without taxes, holding stable from early this week. In view of weak demand on the global market and stagnating domestic magnesium prices, industry commentators forecast magnesium export prices…
Domestic Mg Transactions Slow
08/02/23 | Magnesium
Asian Metal News The domestic magnesium market appears flat with limited transactions this week, seeing prices at RMB 21,900~22,200/t ex-works by cash, holding stable w-o-w. Industry commentators forecast prices to keep stable at the current level next week with a moderate rebound in transactions. A northern smelter quoted at RMB…
Domestic W Prices on the Rise
08/02/23 | Tungsten
China Commodity Marketplace Ganzhou Tungsten Association published the guide prices for February 2023: Wolframite concentrate (55% WO3) prices at RMB 119,000/t, up by 5,000/t m-o-m APT prices at RMB 182,000/t, up by RMB 6,500/t m-o-m Tungsten powder (medium grain) prices at RMB 280/kg, up by RMB 5/kg m-o-m Zhangyuan Tungsten…
NBS: China Produces 95.22 kt of W Concentrate from Q1~Q3 2022
17/01/23 | Tungsten
China Nonferrous Metals News NBS: China produced 95.22 kt of tungsten concentrate (65% WO3) during the first three quarters of 2022, down by 7.05% y-o-y. The data from China Tungsten Association shows total tungsten concentrate production from the major 32 member companies was 57.5 kt (65% WO3) during the first…
Long-term Contract W Prices on the Rise
11/01/23 | Tungsten
Shanghai Nonferrous Metals News Continuing the upward trend of tungsten prices seen since December 2022, several large tungsten producers increased their long-term contract prices for the first two weeks of January 2023. Zhangyuan Tungsten raised wolframite concentrate and scheelite concentrate prices ((WO3≥55%) by RMB 3,000/t to RMB 115,000/t and RMB…
Domestic Mg Prices Edge up Slightly
11/01/23 | Magnesium
Asian Metal News Mainstream magnesium prices have risen slightly by RMB 100/t from last Friday and are up by RMB 300/t from last Monday to RMB 21,800~22,100/t ex-works by cash this Tuesday. In view of smelters’ strong will to prop prices, domestic magnesium prices are likely to trend up slightly…
Domestic Mg Prices Stable at Low-end
23/12/22 | Magnesium
Asian Metal News Mainstream domestic magnesium prices were stable at RMB 21,400~21,700/t this week, led by lackluster demand. A northern magnesium smelter sold 62 t of magnesium at RMB 21,500/t on Monday and sold an additional 100 t at the same price today. It turned down an offer from a…
Zhangyuan W Raises Long-term Contract Prices for December
21/12/22 | Tungsten
Shanghai Nonferrous Metals News Zhangyuan Tungsten has increased its long-term contract prices for the last two weeks of December 2022 to RMB 112,000/t for wolframite concentrates and RMB 110,500/t for scheelite concentrates (WO3≥55%) and RMB 172,000/t for APT, all up by RMB 3,500/t from the previous term. SMM forecast domestic…
Fugu Taida Mg Resumes Operation
20/12/22 | Magnesium
Asian Metal News Fugu Taida magnesium smelter resumed operations on 12th December with daily production at 90 t after the COVID-Zero policy lifted in Shaanxi. According to an internal source, “We cut our daily production to 50 t per day in late November led by production costs exceeding prices as…
