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 tungsten prices to be on the rise over the short term.

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