Domestic W Prices Rebound Slightly
08/01/21 | Tungsten
China Commodity Marketplace Propped by tightening spot supply caused by reduced mining operations prior to the 2021 Chinese New Year in February, the domestic tungsten market remains stable this week. Mainstream wolframite (65% WO3) is being quoted at RMB87,000~89,000/t, scheelite (65% WO3) prices are RMB86,000~88,000/t and tungsten concentrate prices (50~55%…
Domestic W Prices Stable
31/12/20 | Tungsten
China Commodity Marketplace The domestic tungsten market remains stable, with tungsten concentrate vendors remaining firm on prices. Mainstream wolframite (65% WO3) is being quoted at RMB87,000~88,000/t and scheelite (65% WO3) prices are RMB85,000~86,000/t and tungsten concentrate prices (50~55% WO3) are RMB83,000~86,000/t. The domestic APT market continues strong, with mainstream prices…
Domestic W Market Stable
10/12/20 | Tungsten
China Commodity Marketplace This week, boosted by rising long-term contract prices of large producers, the domestic tungsten market appeared positive with declining low-price level transactions. Mainstream wolframite (65% WO3) is being quoted at RMB85,000~86,000/t and scheelite (65% WO3) prices are RMB84,000~85,000/t and tungsten concentrate prices (50~55% WO3) are RMB81,000~84,000/t. The…
Zhangyuan W Suspends APT Production
07/12/20 | Tungsten
Asian Metal News Jiangxi Zhangyuan Tungsten suspended APT production in mid-November in the wake of strong concentrate prices narrowing margins for APT producers. A date to resume operations has yet to be decided. According to a company representative; ‘We are working on long-term contracts and some APT tolling business at…
Domestic W Market Rebounds Slightly
02/12/20 | Tungsten
China Commodity Market Place The domestic tungsten market saw some positive momentum this week, with tungsten concentrate holders and traders remaining firm on prices. As of end November, mainstream wolframite (65% WO3 grade) prices rose to RMB 85,000~86,000/t, scheelite (65% WO3 grade) prices rose to RMB 84,000~85,000/t and tungsten concentrates…
Domestic W Market Stagnates
19/11/20 | Tungsten
China Commodity Marketplace The domestic tungsten market remains unmoving, with tungsten concentrate holders holding firm on prices and downstream APT and carbide producers uninterested in restocking, resulting in market gridlock. Mainstream wolframite (65% WO3) is being quoted at RMB83,000~84,000/t and scheelite (65% WO3) prices are RMB82,000~83,000/t and tungsten concentrate prices…
Domestic W Prices Drop Slightly
06/11/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices dropped slightly this week led by continued sluggish demand. At present, wolframite (65% WO3 grade) mainstream quotations are at RMB82,000~84,000/standard t; scheelite (65% grade) is at RMB81,000~83,000/standard t and tungsten concentrates (50~55% grade) at RMB 79,000~81,000/standard t. Domestic APT prices continued under pressure,…
Domestic W Prices Stable at Low End
30/10/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remained stable at low levels this week led by continuing sluggish demand, and domestic tungsten concentrate holders remained firm on prices. At present, wolframite (65% WO3 grade) mainstream quotations are at RMB83,000~84,000/standard t; scheelite (65% grade) is at RMB82,000~83,000/standard t and tungsten concentrates…
Zhangyuan Tungsten: Q3 Profit RMB58.89 mln
30/10/20 | Tungsten
Shanghai Nonferrous Metals News According to Zhangyuan Tungsten’s Q3 report, the company made a profit of RMB58.59 mln in Q3 2020, up by169.52% y-o-y. According to the company, the spread of Covid-19 has constrained the overseas market and suppressed tungsten prices. During the reporting period, the company took measures to…
