Domestic W Prices Steady at Low-end
25/05/22 | Tungsten
China Commodity Marketplac Domestic tungsten concentrate prices have stabilized at low levels backed by vendors’ strong will to shore prices. However, downstream smelters remain cautious, resulting in a flat market with few transactions. Main stream wolframite concentrate prices (65% WO3) have been stable at RMB 110,000~112,000/t, while scheelite concentrates were…
Domestic W Prices Continue to Drop
18/05/22 | Tungsten
China Commodity Marketplace Domestic tungsten prices have been in decline recently, and downstream buyers are cautious about restocking, despite several tungsten concentrate vendors move to cutting quotations. The market is sluggish today, seeing mainstream wolframite concentrate (65% WO3) prices falling to RMB 111,000~113,000/t, scheelite concentrate (65% WO30 prices at RMB…
Domestic W Prices Decline
06/05/22 | Tungsten
China Commodity Marketplace Ganzhou Tungsten Association published the guide prices for May 2022: wolframite concentrates (55% WO3) at RMB 112,500/t, APT prices at RMB 176,000/t and tungsten powder medium grain at RMB 276/kg, down by RMB 5,500/t, RMB 6,000/t and RMB 6/kg respectively. JXTC Zhangyuan Tungsten tuned down its procurement…
China Moly: Business Revenue of RMB 44.5 bln in Q1 2022
05/05/22 | Tungsten
People Net China Moly achieved RMB 44.5 bln in business revenues for Q1 2022, up by 11.55% y-o-y; the net profits belonging to the listed company were RMB 1.79 bln, up by 77.88% y-o-y. During Q1 2022, the company produced 3,812 tonnes of molybdenum and 1,943 tonnes of tungsten in…
Zhangyuan Tungsten:2021 Net Profits up by 343.84% y-o-y
25/04/22 | Tungsten
Finance News Zhangyuan Tungsten’s 2021 annual report shows the company achieved an operating income of RMB 2.66 bln, an increase of 37.97% y-o-y. Net profit attributable to shareholders of listed companies was RMB 165 mln, an increase of 343.84% y-o-y. Ganzhou Aoketai, a subordinate of Ganzhou Jiangxi, achieved operational revenue…
Domestic W Prices Keep Strong
12/04/22 | Tungsten
Shanghai Nonferrous Metals News Domestic tungsten prices are holding firm at the beginning of the week, with tungsten concentrate (65% WO3) prices at RMB 119,000~120,500/t and APT prices at RMB 182,000~183,000/t level. Increasing COVID cases and pandemic control measures disturb road transport in several producing regions, seeing producers grappling with…
Domestic W Prices on the Rise
31/03/22 | Tungsten
China Commodity Marketplace The domestic tungsten concentrate market remains firm, seeing the mainstream wolframite concentrate (65% WO3) price stable at RMB 119,000~121,000/t, scheelite concentrate (65% WO3) prices up to RMB 118,000~120,000/t and tungsten concentrate (55% WO3) up to RMB 116,000~118,000/t. Downstream buyers continue cautious, with few transactions, mainly driven by…
Domestic W Prices on the Rise
16/03/22 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate vendors are holding firm on prices, sending mainstream wolframite concentrate (65% WO3) up to RMB 118,000~119,000/t, scheelite concentrate (65% WO3) 117,000~118,000/t and tungsten concentrate prices (50~55% WO3) RMB 114,000~117,000/t. Following rising concentrate prices, domestic APT prices lifted to RMB 180,000~183,000/t. With tighter spot supply,…
MNR: First Batch of Production Quotas for REs and W
28/02/22 | Tungsten
SMM News The MNR (Ministry of National Resources) recently published its first batch of rare earth and tungsten quotas for 2022. The 2022 first round of rare earths mining quotas is 100.8 kt, 11.49 kt of which is ionic type, and 89.31 kt is rock type. The 2022 first round…
