Domestic W Market Stable at Low Levels
22/08/19 | Tungsten
China Commodity Marketplace Domestic tungsten miners are not interested in produce given prices being long lower than production costs; consequently they are reluctant to sell at low prices – instead hold firm on prices. At present, wolfram (65% grade) mainstream quotations are at RMB 72,000~74,000/standard t; sheelite (65% grade) is…
W Price Under Pressure
09/08/19 | Tungsten
Shanghai Nonferrous Metals News Recently, Qiu Wanyi, Secretary-General of the Ganzhou Tungsten Industry Association, said that the decline in tungsten prices can be attributed to the following three reasons: Lack of confidence in tungsten prices. Lack of confidence as a result of escalation of US-China trade conflicts. Additionally, the…
Ganzhou W Association Publishes Guide Prices
08/08/19 | Tungsten
China Commodity Marketplace 6 August: Ganzhou Tungsten Industry Association published its guide prices for tungsten products in August 2019, showing an overall increase on the previous month. The guide price for wolfram concentrate (55% WO3) is RMB 68,500/standard t, up 1,500/t on month, and that for APT is up…
Domestic W Market Stable
31/07/19 | Tungsten
China Nonferrous Metals News The domestic tungsten market appears stable. At present, tungsten concentrate prices are holding firm and miners are reluctant to sell at low price levels. Wolfram (65% grade) mainstream quotations are at RMB 73,000~74,000/standard t; sheelite (65% grade) is at RMB 72,000~73,000/standard t and tungsten concentrates (50~55%…
Domestic W Market Stable at Low-end
23/07/19 | Tungsten
China Commodity Marketplace The domestic tungsten market has been stable at low levels recently. Upward momentum in tungsten prices has been slow after reaching bottom and consolidating at the low-end. Meanwhile, miners are showing a tendency to hold firm on prices, represented by declining transactions at low-price levels. At present,…
Xiamen Tungsten: Operation Income Increases in Q1 2019
02/04/19 | Tungsten
China Commodity Marketplace 19th April: Xiamen Tungsten released its Q1 report 2019, forecasting an operating income of RMB 3.81 bln, up 11.68% on-year; a net loss attributable to shareholders of listed companies of RMB 26.26 mln compared with a net profit of RMB 30.05 mln in the same period last…
MNR: First Batch of Production Quota for REs and W Ore
19/03/19 | Tungsten
Fang Real Estate News 19th March: MNR (Ministry of Natural Resources) and MIIT(Ministry of Industrial and Information Technology) published the first batch of rare earth and tungsten mining quotas for 2019. In 2019, the government will continue to focus on overall control of rare earths and tungsten mining volume. The…
New Discoveries of W/Mo in Luoyang Henan
14/03/19 | Tungsten
Shanghai Nonferrous Metals News Since 2018, major geological exploration breakthroughs have been made on molybdenum and tungsten resources in Luanchuan Luoyang, Henan Province. An additional 970 kt of molybdenum (in metal), 940 kt of tungsten (in 65% WO3) and 246 kt of lead and zinc (in metal) resources has been…
Domestic W Concentrates Output at 126 kt in 2018
05/03/19 | Tungsten
China Nonferrous Metals News China Tungsten Association: China produced 126 kt of tungsten concentrates in 2018 (converted to 65% WO3), down 3.73% on-year. The decline can be attributed to: Double counting – some trade figures and amounts of processed tungsten products were counted as concentrate output for 2017 Suspension of…
