China Commodity Marketplace
The post-holiday tungsten concentrate market remains firm, seeing mainstream wolframite concentrate (65% WO3) prices rising to RMB 117,000~119,000/t, scheelite concentrate (65% WO3) prices up to RMB 116,000~118,000/t and tungsten concentrate (55% WO3) up to RMB 114,000~116,000/t.
Domestic APT prices have been on the rise this week, seeing mainstream quotations up to RMB 179,000~181,000/t. Some large producers have raised their long-term APT procurement prices to RMB 178,500/t, driven by rising concentrate prices and APT is being quoted at RMB 179,000/t by cash on the spot market.
