Domestic W Prices Edge Down
03/09/21 | Tungsten
China Commodity Marketplace Domestic tungsten prices remained mostly stable with a slight decline during August. Tungsten concentrates holders reduced their quotations with downstream producers showing a tendency to decline high prices. As of end-August, mainstream wolframite concentrate (65% WO3) prices dropped to RMB110,000~112,000/t, scheelite concentrate (65% WO3) prices at RMB109,000~111,000/t,…
TiO2 Pigment Prices on the Rise in August
01/09/21
Shanghai Nonferrous Metals News Domestic TiO2 pigment prices continued to rise during August, with LoMo and Billions, CNNC, Huiyun Titanium, Jinpu Titanium and etc. all increasing their prices. As of 31st August, SMM reported the spot price of TiO2 pigment (rutile) at RMB20,500/t, an obvious increase from early August.
China Mg Association: Collective Move for Healthy Development
30/08/21 | Magnesium
Sohu News Domestic coal prices have surged by 83% from RMB600/t in early 2021 to RMB1,100/t and FeSi prices have increased by 75% from 5,700/t to RMB10,000/t; rapidly rising raw material costs which have boosted magnesium production costs by approximately RMB10,000/t during 2021. In addition, with industrial policy/environmental pressures continuing…
Domestic W Market Sable
25/08/21 | Tungsten
China Commodity Marketplace Domestic tungsten prices have been stable recently. Mainstream wolframite (65% WO3) prices are steady at RMB112,000~113,000/t, scheelite prices (65% WO3) at RMB111,000~112,00/t and tungsten concentrate (50~55% WO3) prices at RMB108,000~111,000/t. Spot market transactions were few, with APT smelters reluctant to restock at high prices, while low-price concentrates…
Domestic Mg Prices Increase
24/08/21 | Magnesium
Cnfeol News The price of domestic magnesium rose rapidly on Monday, up by RMB700/t from last Friday. Magnesium ingot prices (99.9% Mg) at Fugu Shaanxi were being quoted at RMB23,000~23,200/t with transaction prices settled at RMB22,900~23,000/t (by cash with taxes) on Monday. In Yuncheng, Shanxi, magnesium ingot prices (99.9% Mg)…
Domestic W Prices Drop
19/08/21 | Tungsten
China Commodity Marketplace Domestic tungsten prices fell slightly this week, with mainstream wolframite concentrate prices (65% WO3) at RBM112,000~114,000/t, scheelite concentrate prices at RMB111,000~112,000/t and wolframite concentrate prices (50~55% WO3) at RMB108,000~111,000/t. Domestic concentrate vendors were keen to sell but tended to decline low-price level offers – resulting in a…
Qinghai Salt Lake: 20 ktpy Battery Grade Li Carbonate Trial Operation
18/08/21
Shanghai Nonferrous Metals The 20 ktpy battery grade lithium carbonate project of Fozhaolanke Lithium Industry Co., Ltd., a subordinate of Qinghai Salt Lake has been completed and is now on trial operation. This is the largest lithium extraction project from brine in China.
Domestic Mg Prices Soar
18/08/21 | Magnesium
China Nonferrous Metals News Domestic magnesium prices soared on tightening supply this week. As of 13th August, mainstream magnesium quotations were RMB22,300~22,500/t (tax inclusive) in Fugu Shaanxi, with mainstream transaction prices standing above RMB22,300/t, up by RMB1,300/t from the previous week. Following the upward price trend, magnesium transaction prices in…
LoMo and Billions: RMB 2 bln for 200 ktpy Li Battery Project
17/08/21
Shanghai Nonferrous Metals News 12th August: Henan Longbai New Material Technology Co., Ltd., a wholly subordinate of LoMo and Billions Group, plan to invest RMB2 bln to build a 200 ktpy lithium-ion battery project. The project will be carried out in three phases, with a 5 ktpy lithium iron…
