Zhangyuan Reduces Long-term Contract W Prices
21/09/22 | Tungsten
Shanghai Nonferrous Metals News Zhangyuan has published its long-term contract prices for tungsten products for the last two weeks of September, with wolframite concentrate (WO3≥55%) at RMB 114,000/t, scheelite concentrate (WO3≥55%) at RMB 112,500/t, and APT at RMB 176,000/t, down by RMB 1,000/t each for concentrate and down by RMB…
Ganzhou W Association Increases Guide Prices in Sept.
06/09/22 | Tungsten
Shanghai Nonferrous Metals News Ganzhou Tungsten Association has published its guide prices for September 2022, raising wolframite concentrate (55% WO3) prices by RMB 2,000/t m-o-m to RMB 115,000/t. APT prices are up by RMB 3,000/t m-o-m to RMB 177,500/t and tungsten powder (medium grain) prices up by RMB 3/kg to…
Xianglu: H1 2022 Operating Income up by 16% Y-o-Y
05/09/22 | Tungsten
23rd August: Guangdong Xianglu’s H1 2022 report shows that the company realized an operating income of RMB 900 mln, up by 16.15% y-o-y. The net profit attributable to shareholders of the listed company was RMB 23 mln down by 4.93% y-o-y. In H1 2022, Xianglu consolidated the market of its…
MNR: 2022 Production Quotas for W
29/08/22 | Tungsten
Sohu News The MNR (Ministry of National Resources) recently published its 2022 quotas for tungsten. The 2022 tungsten mining quotas are 109 kt (converted to 65% WO3), 81.17 kt of which are mining quotas and 27.83 kt are comprehensive usage quotas, up by 1 kt, 350 t, and 650 t…
Guangdong Xianglu Raises W Long-term Contract Prices
12/08/22 | Tungsten
China Nonferrous Metals News Guangdong Xianglu published its long-term procurement contract prices for the first two weeks of August this week, increasing its wolframite concentrate (55% WO3) prices to RMB 114,000/t, scheelite concentrate prices (55% WO3) prices to 113,000/t, both up by RMB 4,500/t from end-July. The company raised its…
Domestic W Prices Edge up
04/08/22 | Tungsten
China Commodity Marketplace Domestic tungsten prices have been on rise this week, with mainstream wolframite concentrate (65% WO3) prices being quoted at RMB 113,000~115,000/t, sheelite concentrate (65% WO3) at RMB 112,000~114,000/t and tungsten concentrate (55% WO3) at RMB 110,000~112,000/t. Downstream buyers remain cautious about high-level quotes but concentrate vendors’ strong…
Domestic W Prices Edge up Slightly
29/07/22 | Tungsten
China Commodity Market Place This week, domestic concentrate vendors have been firm on prices, with mainstream wolframite concentrate (65% WO3) prices being quoted at RMB 111,000~113,000/t, sheelite concentrate (65% WO3) at RMB 110,000~112,000/t and tungsten concentrate (55% WO3) at RMB 108,000~111,000/t. Given the limited supply of tungsten concentrates on the…
Zhangyuan Tungsten: H1 2022 Net Profits up by 227% Y-o-Y
25/07/22 | Tungsten
Hexun News Zhangyuan Tungsten expects to achieve net profits attributable to shareholders of the listed company of RMB 122~156 mln in H1 2022, an increase of 227.64%~318.94% over the same period last year. During the reporting period, the company actively expanded domestic and foreign markets, improved product quality and took…
XTC: H1 2022 Net Profits up by 32.54% Y-o-Y
25/07/22 | Tungsten
China Securities News The total operating income of XTC (Xiamen Tungsten) was RMB 24.16 bln in H1 2022, and the net profits attributable to shareholders of the listed company were RMB 912 mln, up by 69.85% and 32.54% respectively. The sales of ternary materials from the company increased significantly y-o-y…
