XTC Publishes Aug. Contract Prices
18/08/20 | Tungsten
China Commodity Marketplace XTC (Xiamen Tungsten Cooperation) published the long-term contract price for the last two weeks of August, increasing APT prices by RMB500/t from the previous term to RMB126,000/t by cash. Source
Domestic W Market Stagnates
17/08/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate holders remained firm on prices this week but transactions were sparse. At present, wolframite (65% grade) mainstream quotations are at RMB84,000~86,000/standard t; scheelite (65% grade) is at RMB83,000~85,000/standard t and tungsten concentrates (50~55% grade) at RMB 81,000~83,000/standard t, all stable from last week. The…
Chenzhou Diamond APT Smelter Suspends Operations
11/08/20 | Tungsten
Asian Metal News Minmetals’ Chenzhou Diamond APT smelter suspended APT (88.5% min) production last week to begin maintenance, which is expected to take a month. The company is scheduled to restart APT production in late August or early September. The company produced 1,000 tonne of APT in July and holds…
Domestic W Market Stable
10/08/20 | Aluminium, Tungsten
China Commodity Marketplace The upswing in domestic tungsten concentrate prices slowed this week led by continuing lackluster downstream demand after concentrate prices rebounded to RMB85,000/t level. At present, wolframite (65% grade) mainstream quotations are at RMB84,000~86,000/standard t; scheelite (65% grade) is at RMB83,000~85,000/standard t and tungsten concentrates (50~55% grade) at…
Ganzhou W Association Increases Prices
07/08/20 | Tungsten
Baidu News Ganzhou Tungsten Association published the forecast prices of tungsten products for August 2020, with 55% WO3 wolframite concentrate prices at RMB81,000/standard tonne; APT at 125,500/tonne and medium tungsten powders at RMB198/kg, up by RMB3,000/standard tonne, RMB4,500/t and RMB8/kg m-o-m respectively. Source
Domestic W Concentrate Prices Firm, APT up Slightly
21/07/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices held firm this week. Wolframite (65% WO3 grade) mainstream quotations were at RMB82,000~83,000/standard t; scheelite (65% WO3 grade) at RMB81,000~82,000/standard t and tungsten concentrates (50~55% WO3 grade) at RMB78,000~81,000/standard t. Downstream APT smelters face increasing difficulties in restocking given shortening supply. The domestic…
MNR: 2020 Production Quota for REs and W Ore
16/07/20 | Tungsten
Ministry of Natural Resources 15 July: MNR (Ministry of Natural Resources) and MIIT(Ministry of Industrial and Information Technology) has published the overall rare earth and tungsten mining quotas for 2020. In 2020, the government will continue to focus on control of rare earths and tungsten mining volumes. The 2020 rare…
Domestic W Concentrate Supply Tightens
13/07/20 | Tungsten
China Commodity Marketplace This week, the domestic tungsten market remained flat, with stable long-term contract prices from large producers. Domestic tungsten concentrate holders were reluctant to sell at low prices, seeing concentrate prices holding firm during the week. Heavy rainfall in Hunan and Hubei interrupted mining operations and contracted production.…
China Tungsten Hitech Materials: Q1 2020 Output Rises
06/07/20 | Tungsten
Shanghai Nonferrous Metals News China Tungsten Hitech Materials’ tungsten concentrate output grew by 5% y-o-y in Q1 2020, marking a record high point. Its APT output lifted by 26.4% y-o-y and carbide alloy output climbed by 1.93% y-o-y during Q1 2020 increasing the company’s overall profit by 102.59% y-o-y. Source
