Domestic W Market under Pressure
16/03/21 | Tungsten
China Commodity Market Place The domestic tungsten market began to fall under the pressure of increasing sales last week. Some tungsten concentrate holders cut prices to facilitate sales last week, but declined to sell at extreme low prices. Mainstream wolframite (65% WO3 grade) prices dropped to RMB 94,000~96,000/t, scheelite (65%…
Domestic W Market Stable
10/03/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices continued strong this week, and concentrate venders were keen to sell. Mainstream wolframite (65% WO3) is being quoted at RMB97,000~98,000/t, scheelite (65% WO3) prices are RMB96,000~97,000/t and tungsten concentrate prices (50~55% WO3) are RMB93,000~96,000/t. With the upward momentum of APT prices halting this…
Domestic W Prices on the Rise
05/03/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices continued to rise steadily this week. Miners were keen to sell and low-priced transactions were rare. Mainstream wolframite (65% WO3) is being quoted at RMB96,000~97,000/t and scheelite (65% WO3) prices are RMB95,000~96,000/t and tungsten concentrate prices (50~55% WO3) are RMB92,000~95,000/t. The domestic APT…
Domestic W Prices Continue to Rise
02/03/21 | Tungsten
China Commodity Marketplace Domestic tungsten prices continue to rise after the CNY holiday, further surging to RMB95,000/t after rebounding to RMB90,000/t in January. As of end-February 2021, mainstream wolframite (65% WO3) prices climbed to RMB94,000~96,000/t, scheelite (65% WO3) prices were RMB93,000~95,000/t and tungsten concentrates (50~55% WO3) were RMB91,000~93,000/t. Boosted by…
MNR: First Batch of Production Quotas for REs and W Ore
23/02/21 | Tungsten
SMM News 23rd February 2021: MNR (Ministry of Natural Resources) and MIIT (Ministry of Industrial and Information Technology) published its first batch of rare earth and tungsten mining quotas for 2021. The first round of tungsten concentrate (WO3 65%) production quotas for 2021 is 63,000 t, including a 46,890 t…
Domestic W Prices Rebound
22/02/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate (WO3 65%) prices continued to rise to RMB91,000~93,000/t, with concentrate prices (50~55% grade) at RMB90,000/t at present. In anticipation of a bullish market, tungsten concentrate vendors are holding firm on prices. Domestic APT smelters raised their quotes to RMB139,000~141,000/t. APT prices are likely to…
W Producers Resume Operations
19/02/21 | Tungsten
China Commodity Marketplace Domestic tungsten producers gradually returned to work after the Chinese New Year holiday, but sentiment is cautious, with the market appearing flat. In view of the COVID vaccination program being rolled out worldwide, a strong rebound in macro-economic and overseas demand can be expected over the medium-term.…
Domestic W Prices on the Rise
10/02/21 | Tungsten
Shanghai Nonferrous Metals News 9th February: Ganzhou Tungsten Association announced that it will increase guide prices of wolframite concentrate by RMB4,200/t to RMB90,000/t. JXTC raised long term contracts prices of wolframite concentrates by RMB 5,000/t to RMB 93,000/t, along with prices of scheelite and APT. Some downstream producers are keen…
Suspension of Four W Miners in December 2020
29/01/21 | Tungsten
Asian Metal News Four domestic tungsten miners, including two in Hunan, one in IM and one in Guangdong, suspended operations in December 2020. A total of 7.3 kt of tungsten mining capacity is involved. Source
