Zhangyuan Tungsten: Q1~Q3 Net Profits Soar by 91%
31/10/22 | Tungsten
Sina News Zhangyuan Tungsten achieved an operating income of RMB 830.57 mln in Q3 2022, up 6.18% y-o-y; however, the net profit attributable to the parent company was RMB 36.15 mln, down 35.54% y-o-y. In the first three quarters of 2022, Zhangyuan Tungsten achieved an operating income of 2.51 bln…
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…
