China APT Production at 11.7 kt in March
13/04/23 | Tungsten
Shanghai Nonferrous Metals News China produced 11.7 kt of APT in March 2023, up by 6% m-o-m. The rise in production can be attributed to APT smelters returning to normal operations, focusing on delivery of long-term contracts. Domestic APT prices on the spot market slid slightly in March led by…
China Mg Production at 66 kt in March
13/04/23 | Magnesium
Shanghai Nonferrous Metals News China produced 66 kt of magnesium in March 2023, down by 3.8% m-o-m and down by 24% y-o-y. During Q1 2023, China produced 199 kt of magnesium, a sharp fall of 21% y-o-y. Domestic magnesium prices continued to be weak during March driven by sluggish demand,…
LoMo and Billions Raises TiO2 Pigment Prices
12/04/23
Shanghai Nonferrous Metals News LoMo and Billions raised its TiO2 pigment prices (sulfuric process and chlorination process) by RMB 700/t on the domestic market and by USD 100/t on the global market on 11th April. This is the third price increase by the company this year.
Domestic Mg Prices Rebound Slightly
12/04/23 | Magnesium
Asian Metal News Mainstream domestic magnesium prices lifted rapidly by RMB 300/t from Monday to RMB 22,000~22,300/t on Tuesday driven by panic buying – caused by worries of supply deficit and vendors’ strong will to shore prices. Industry commentators forecast prices to climb further this week. A northern buyer noted…
MIIT: 2023 First Batch of Production Quotas for REs
11/04/23 | Tungsten
China Nonferrous Metals News 11th April 2023: MIIT (Ministry of Industrial and Information Technology) published its first batch of rare earth quotas for 2023. The 2023 first round of rare earth mining quotas is for 120 kt and the smelting quota is 115 kt, increasing from 100.8 kt and 97.2…
China Li Battery Production Exceeds 102 GWh in Jan. and Feb.
07/04/23 | EV
Shanghai Nonferrous Metals News China produced a total of 102 GWh of lithium batteries during the first two months of 2023, up by 24% y-o-y. China’s production of energy storage batteries exceeded 15 GWh, and the installed capacity of NEVs power batteries was about 38 GWh in January and February…
W Prices on the Decline in April
07/04/23 | Tungsten
Shanghai Nonferrous Metals News Ganzhou Tungsten Association published guide prices for tungsten products in April, with tungsten concentrate prices (55% WO3) at RMB 113,000/t, APT prices at RMB 173,500/t and WC powder (medium grain) prices at RMB 267/kg, down from RMB 116,000/t, RMB 178,000/t and RMB 276/kg in March 2023…
Domestic Mg Prices Rebound Slightly
06/04/23 | Magnesium
Asian Metal News Mainstream domestic magnesium prices bounced back by RMB 200/t from last Friday to RMB 20,400~20,600/t on Wednesday. This reaction was led by increased transactions and increasing trader deals due to the news of semi-coke furnace suspensions which are to begin in late April. According to a spokesperson…
Mg Transactions Slow
31/03/23 | Magnesium
Asian Metals News Mainstream domestic magnesium prices have been stable at RMB 20,200~20,500/t this week led by continuing weak demand and smelters had no intention of selling at low prices. A northern magnesium buyer bought 31 t of magnesium at RMB 19,900/t last Friday and made another deal on Monday…
