Domestic Mg Prices Decline Slightly
16/06/21 | Magnesium
China Nonferrous Metals News Domestic magnesium prices fell slightly amid weakening downstream demand last week. As of 10th June 2021, mainstream magnesium prices were being quoted at RMB18,500/t ex-works, with transaction prices sitting at the same level in Fugu Shaanxi. In Wenxi Shanxi, prices were RMB18,700~18,000/t/t, falling by RMB500/t w-o-w.…
Domestic Mg Prices Rebound Rapidly
09/06/21 | Magnesium
China Nonferrous Metals News Domestic magnesium prices rebounded rapidly during the first week of June driven by increasing demand together with rising FeSi prices caused by policy-led smelter suspensions in Ningxia. As of 4 June, mainstream magnesium ingot prices (99.9% grade) were being quoted at RMB19,100~19,200/t, with mainstream transaction prices…
Xiangfenghua to Launch 60 ktpy Li Anode Project at Suining, Sichuan
08/06/21 | EV
Shanghai Nonferrous Metals News Xiangfenghua Co. Ltd is to set up a branch company at Suining Sichuan for the development of an integrated production base of high-end man-made graphite anode. The base will have 60 ktpy capacity. Backed by total investment of RMB1.2 bln, the project will be developed in…
Zhangyuan: W Prices for the First Two Weeks of June
08/06/21 | Tungsten
Shanghai Nonferrous Metals News Zhangyuang Tungsten published tis long-term contract prices for the first two weeks of June, with: Wolframite concentrates (WO3≥55%) at RMB95,000/t Scheelite concentrates (WO3≥55%) at RMB93,500/t and APT at RMB145,500/t All prices with VAT taxes of 13%. Ganzhou Tungsten Association published its guide prices for June with…
Lithium Carbonate Prices Soared 66% in 2021
07/06/21 | EV
Shanghai Nonferrous Metals News SMM: As of June 4, the price of battery grade lithium carbonate rose to RMB89,000 to 90,000/t level on the domestic market, with an average price of RMB88,000/t up by 66% from the beginning 2021. According to SMM, lithium carbonate prices have been on a rapid…
China Produced 69 kt of Mg Ingot in May
07/06/21 | Magnesium
Shanghai Nonferrous Metals News SMM: China produced 69.4 kt of magnesium ingot in May 2021, down by 4.11% m-o-m but up by 9.24% y-o-y. China produced 320 kt of primary magnesium during the first five months of 2021, up by 7.59% y-o-y. Source
Domestic Mg Prices Rebound
03/06/21 | Magnesium
Shanghai Nonferrous Metals News Primary magnesium smelters in Fugu Shaanxi raised their quotes to RMB18,000~18,200/t recently, but no transactions were concluded at RMB18,000/t levels. Some local smelters reported increased quotations today. Buoyed by rising FeSi prices and limited stocks, smelters are keen to prop prices this week, resulting in a…
MEE: Stricter Approval of High Energy Consumption/Emission Projects
01/06/21
Cnal News MEE, the Ministry of Ecology and Environmental Protection has just published “Guidance on Strengthening the Approval of High Energy Consumption/Emission Projects from the Source”, emphasizing stricter criteria for approvals of high energy consumption/emission projects. According to the document, petrochemical and modern coal chemical projects should be included in…
China Exports 7,302 t of W and Products from January to April 2021
28/05/21 | Tungsten
China Commodity Marketplace China Customs: China exported 7,302 t (in W metal, with mixed materials) of tungsten and products during the first four months of 2021, up by 13.4% from 6,437 t y-o-y but down by 4.9% from 7,679 t during the same period in 2019. China exported 879 t…
