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…
Domestic W Prices Remain Firm
28/05/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remained stable this week, with fewer transactions at low prices. Mainstream wolframite (65% WO3) is being quoted at RMB96,000 ~ 98,000/t, scheelite (65% WO3) prices are at RMB95,000 ~ 97,000/t and prices for tungsten concentrate (50 ~ 55% WO3) are between RMB93,000~95,000/t. Mainstream…
Domestic Mg Price Fall Rapidly
26/05/21 | Magnesium
China Nonferrous Metals News As of 21st May, mainstream magnesium ingot prices (99.9% grade) were being quoted at RMB18,000~18,500/t, with transaction prices sitting at RMB18,000/t. In Wenxi, Shanxi, magnesium prices were being quoted at RMB18,200/t, falling rapidly by RMB3,500/t in a week. With declining coal prices, domestic magnesium prices are…
China’s Li Carbonate Production Dropped in April
25/05/21 | EV
Asian Metal News China produced 2,620 t of lithium carbonate (industrial grade) in April, down by 8.07% m-o-m and down by 1.13% y-o-y respectively. China produced 9,950 t of lithium carbonate (industrial grade) during the first four months of 2021, up by 10.56% y-o-y from 9,000 t in 2020. Source
Domestic W Prices Remain Firm
25/05/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remained stable this week, with fewer transactions at low prices. Mainstream wolframite (65% WO3) is being quoted at RMB96,000 ~ 98,000/t, scheelite (65% WO3) prices are at RMB95,000 ~ 97,000/t and prices for tungsten concentrate (50 ~ 55% WO3) are between RMB93,000~95,000/t. Mainstream…
IM Heyi Increases NPI Production
21/05/21 | Nickel
Asian Metal News IM Heyi, a major NPI smelter (10% Ni) in IM, restarted one NPI production line in early May after completing maintenance begun in January 2021. According to an internal source, the company expects to increase its NPI output to 8 kt in May. The company has been…
Ni Laterite Import Agreement for Linyi, Shandong
20/05/21 | Nickel
Linyin Shandong Local News 17th May: Shandong Lianlong Logistics and Philippine Kenisaike reached an agreement regarding nickel laterite exports from the Philippines to Linyi Shandong. Kenisaike has two nickel laterite mines (CMDC and DINAGAT), in the Philippines, mainly producing nickel laterite of 0.9~1.8 Ni grade. The company has received a…
