Domestic W Concentrate Prices Firm, APT up Slightly
21/07/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices held firm this week. Wolframite (65% WO3 grade) mainstream quotations were at RMB82,000~83,000/standard t; scheelite (65% WO3 grade) at RMB81,000~82,000/standard t and tungsten concentrates (50~55% WO3 grade) at RMB78,000~81,000/standard t. Downstream APT smelters face increasing difficulties in restocking given shortening supply. The domestic…
MNR: 2020 Production Quota for REs and W Ore
16/07/20 | Tungsten
Ministry of Natural Resources 15 July: MNR (Ministry of Natural Resources) and MIIT(Ministry of Industrial and Information Technology) has published the overall rare earth and tungsten mining quotas for 2020. In 2020, the government will continue to focus on control of rare earths and tungsten mining volumes. The 2020 rare…
Domestic W Concentrate Supply Tightens
13/07/20 | Tungsten
China Commodity Marketplace This week, the domestic tungsten market remained flat, with stable long-term contract prices from large producers. Domestic tungsten concentrate holders were reluctant to sell at low prices, seeing concentrate prices holding firm during the week. Heavy rainfall in Hunan and Hubei interrupted mining operations and contracted production.…
China Tungsten Hitech Materials: Q1 2020 Output Rises
06/07/20 | Tungsten
Shanghai Nonferrous Metals News China Tungsten Hitech Materials’ tungsten concentrate output grew by 5% y-o-y in Q1 2020, marking a record high point. Its APT output lifted by 26.4% y-o-y and carbide alloy output climbed by 1.93% y-o-y during Q1 2020 increasing the company’s overall profit by 102.59% y-o-y. Source
China’s Tungsten Export Volume and Price Falls
03/07/20 | Tungsten
Shanghai Nonferrous Metals News China Tungsten Association: China exported 1,456 t of tungsten products (in metal, excluding alloy products) in May 2020 down by 18.83% y-o-y; with a total value of USD48.81 mln, down by 21.25% y-o-y. China exported a total of 7,807 t tungsten products, and the total export…
Domestic W Market Stable at Low Levels
23/06/20 | Tungsten
China Commodity Marketplace Domestic tungsten market remained stagnated this week seeing concentrate holders holding firm on price and downstream buyers continue to be cautious driven by continued weak downstream demand. At present, wolframite (65% WO3 grade) mainstream quotations are at RMB80,000~81,000/standard t; scheelite (65% WO3 grade) at RMB79,000~80,000/standard t and…
Domestic W Market Stable at Low Level
19/06/20 | Tungsten
China Commodity Marketplace The domestic tungsten market remains stable, with tungsten concentrate producers holding firm on prices and few low-price transactions. Mainstream wolframite prices are RMB80,000~82,000/t (65% WO3), scheelite prices are RMB79,000~81,000/t (65% WO3) and tungsten concentrate prices are at RMB77,000~79,000/t (50~55% WO3). Downstream buyers are only restocking for existing…
Domestic W Market Edges Down Slightly
15/06/20 | Tungsten
China Commodity Market Place Domestic tungsten miners were unwilling to cut their sales prices this week, seeing prices stable at RMB80,000/t and transactions stalled. At present, mainstream wolframite prices are RMB80,000~82,000/t (65% WO3), scheelite prices are RMB79,000~81,000/t (65% WO3) and tungsten concentrate prices at RMB77,000~79,000/t. The domestic APT market continues…
Domestic W Prices Edge Down Slightly
04/06/20 | Tungsten
China Commodity Marketplace Domestic tungsten prices slid slightly in the wake of limited high-level quotes and reduced restocking interests from downstream buyers, despite tungsten concentrate holders’ willingness to sell. Mainstream wolframite prices are RMB82,000~83,000/t (65% WO3), scheelite prices are RMB81,000~82,000/t (65% WO3) and tungsten concentrate prices at RMB78,000~81,000/t. Mainstream quotations…
