MNR: 2019 Production Quota for REs and W Ore
13/11/19 | Tungsten
Xinhua News 13th November: MNR (Ministry of Natural Resources) and MIIT(Ministry of Industrial and Information Technology) published rare earth and tungsten mining quotas for 2019. In 2019, the government will continue to focus on control of rare earths and tungsten mining volumes. The 2019 overall rare earth (REO) production quota…
Domestic W Prices Fall
07/11/19 | Tungsten
China Commodity Marketplace 6th November: The GTA’s (Ganzhou Tungsten Association) November forecast prices and long-term contract prices of large producers for the first half of November have been published. GTA (Ganzhou Tungsten Association) published its forecast prices for tungsten products in November 2019. The forecast price for wolframite concentrate (55%…
Domestic W Prices Down
04/11/19 | Tungsten
China Commodity Marketplace Downstream tungsten smelters were finding it hard to source low-price tungsten concentrate supplies this week with tungsten concentrate holders having revised their quotations cautiously, unwilling to sell at low prices. Mainstream wolframite (65% WO3) quotations dropped slightly to RMB 90,000~91,000/standard t; scheelite (65% WO3) is at RMB…
Domestic W Market Remains Stable
29/10/19 | Tungsten
China Commodity Marketplace The domestic tungsten market remains stable at present, with concentrate holders keen to sell but unwilling to take low-level offers. Mainstream wolframe (65% grade) quotations are at RMB 92,000~93,000/standard t; scheelite (65% grade) is at RMB 91,000~92,000/standard t and tungsten concentrates (50~55% grade) at RMB 89,000~91,000/standard t.…
Xinsheng Tungsten: 5 ktpy APT and 1 ktpy W Oxide Project on Line
24/10/19 | Tungsten
Sina News 18 October: Jiangxi Xinsheng Tungsten Co. Ltd’s 5 ktpy APT and 1 ktpy tungsten oxide project officially began operations at the Jiangxi Futian Industrial Park. Backed by a total of RMB 500 mln investment, the project is a technology upgrade and relocation project which began construction in July…
Domestic W Market Stable
18/10/19 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remained stable this week, however downstream APT and carbide smelters were reluctant to take high-level quotations, resulting in sparse transactions during the week. At present, wolframite (65% WO3) mainstream quotations are stable at RMB 96,000~98,000/standard t; scheelite (65% WO3) is at RMB 95,000~97,000/standard…
Domestic W Prices Rebound
08/10/19 | Tungsten
China Commodity Marketplace Domestic supply of tungsten concentrates was tight in the week leading up to the National Day holiday period (1~7 October), buoying prices up to RMB90,000/t. At present, wolframite (65% WO3) mainstream quotations are at RMB89,000~91,000/standard t; scheelite (65% WO3) is at RMB 88,000~89,000/standard t and tungsten concentrates…
Prices of W Raw Materials Soar
27/09/19 | Tungsten
China Commodity Marketplace With tightening supply, tungsten concentrate suppliers are holding firm, awaiting further price increases. At present, wolframite (65% WO3) mainstream quotations have climbed to RMB87,000~89,000/standard t; scheelite (65% WO3) is at RMB 86,000~88,000/standard t and tungsten concentrates (50~55% grade) at RMB 83,000~85,000/standard t. Domestic concentrate prices have soared…
Domestic W Prices Continue to Climb
25/09/19 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices continued to climb, lifting to over RMB80,000/standard t boosted by producers’ strong will to prop prices and Fanya’s APT auction closing last week – at a much higher level than market expectations. At present, wolframite (65% WO3) mainstream quotations are at RMB81,000~82,000/standard t;…
