Domestic W Market Stable
18/10/19 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remained stable this week, however downstream APT and carbide smelters were reluctant to take high-level quotations, resulting in sparse transactions during the week. At present, wolframite (65% WO3) mainstream quotations are stable at RMB 96,000~98,000/standard t; scheelite (65% WO3) is at RMB 95,000~97,000/standard…
Domestic W Prices Rebound
08/10/19 | Tungsten
China Commodity Marketplace Domestic supply of tungsten concentrates was tight in the week leading up to the National Day holiday period (1~7 October), buoying prices up to RMB90,000/t. At present, wolframite (65% WO3) mainstream quotations are at RMB89,000~91,000/standard t; scheelite (65% WO3) is at RMB 88,000~89,000/standard t and tungsten concentrates…
Prices of W Raw Materials Soar
27/09/19 | Tungsten
China Commodity Marketplace With tightening supply, tungsten concentrate suppliers are holding firm, awaiting further price increases. At present, wolframite (65% WO3) mainstream quotations have climbed to RMB87,000~89,000/standard t; scheelite (65% WO3) is at RMB 86,000~88,000/standard t and tungsten concentrates (50~55% grade) at RMB 83,000~85,000/standard t. Domestic concentrate prices have soared…
Domestic W Prices Continue to Climb
25/09/19 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices continued to climb, lifting to over RMB80,000/standard t boosted by producers’ strong will to prop prices and Fanya’s APT auction closing last week – at a much higher level than market expectations. At present, wolframite (65% WO3) mainstream quotations are at RMB81,000~82,000/standard t;…
Fanya APT Stocks at Auction
17/09/19 | Tungsten
Shanghai Nonferrous Metals News 16 September: Kunming Intermediate People’s Court of Yunnan auctioned the APT stocks of Fanya (Pan-Asian) on the auction platform of the Alibaba Judicial Network from 10AM September 16 to 10AM September 17, 2019. The auction was for 28 kt of APT in stock at the Ganzhou…
Domestic W Market Rebounds
17/09/19 | Tungsten
China Commodity Marketplace This week: The domestic tungsten market rebounded, showing a strong upward momentum. Miners previously cut production under pressure from continued low prices, resulting in tightening supply in the spot market. In addition, miners have been waiting for a price rebound and traders held back sales when prices…
GTA Published Forecast Prices
09/09/19 | Tungsten
China Commodity Marketplace GTA (Ganzhou Tungsten Association) published its forecast prices for tungsten products in September 2019. The forecast price for wolframite concentrate (55% WO3) is RMB 73,000/standard t, up 4,500/t on-month, and that for APT is up by RMB 4,500/t on-month to RMB 113,000/t. Prices for tungsten powders (medium…
Domestic W Market Stagnant
05/09/19 | Tungsten
China Commodity Marketplace-20190904 The domestic tungsten concentrate market has stagnated, with miners/traders having no incentive to sell at low prices levels, and downstream buyers unwilling to restock on sluggish demand. At present, wolframite (65% grade) mainstream quotations are steady at RMB 73,000~75,000/standard t; scheelite (65% grade) is at RMB 72,000~74,000/standard…
W Prices Expected to Rebound on Tightening Supply
03/09/19 | Tungsten
Shanghai Nonferrous Metals News After domestic tungsten smelters began to cut operations at end-June, supply of tungsten raw materials and products has tightened, gradually stabilizing tungsten prices. The pace of de-stocking at some tungsten smelters has increased, and several have tentatively increased their quotation prices. In early August, Qiu Wanyi,…
