W: Guide Prices up, Long-term Contract Prices down for July
06/07/22 | Tungsten
China Commodity Market Place Ganzhou Tungsten Association published the guide prices for July 2022, with wolframite concentrate (55% WO3) prices at RMB 107,000/t, APT prices at RMB 167,000/t and tungsten powder (medium grain) at RMB 258/kt, down by RMB 500/t, RMB 1,000/t and RMB 2/kg from June respectively. Jiangxi Zhangyuan…
Domestic W Prices Rebound Slightly
28/06/22 | Tungsten
Shanghai Nonferrous Metals News At the beginning of the week, wolframite concentrate (55% WO3) prices in Jiangxi were being quoted RMB 106,000~107,000/t, and APT prices were RMB 167,000~168,000/t in Jiangxi. Most buyers were cautious and no transactions were concluded. Backed by strong production costs and shrinking supply caused by continuing…
Major W Producers Reduce Long-term Contract Prices
21/06/22 | Tungsten
China Commodity Marketplace Zhangyuan Tungsten released its long-term contract prices for the second-half of June, with wolframite concentrate (65% WO3) prices at RMB 106,000/t, scheelite concentrate prices at (65% WO3) at RMB 104,500/t, both down by RMB 1,500/t from the previous term. Zhangyuan also reduced its APT prices by RMB…
Domestic W Market Stagnates
17/06/22 | Tungsten
China Commodity Marketplace The domestic tungsten concentrate market appears stagnated with concentrate venders holding firm on prices and downstream buyers cautious. Mainstream wolframite concentrate (65% WO3) prices were stable at RMB 108,000~109,000/t, scheelite concentrate (65% WO3) prices were RMB 107,000~108,000/t and tungsten concentrate (50~55% WO3) prices were RMB 104,000~107,000/t. Domestic…
Domestic W Prices Stable
02/06/22 | Tungsten
China Commodity Market Place The domestic tungsten concentrate market has been flat this week, with concentrate vendors holding firm on price and downstream smelters being reluctant to take high-level quotes. Mainstream wolframite concentrate prices (65% WO3) are steady at RMB 110,000~112,000/t, scheelite concentrate prices (65% WO3) at 109,000~111,000/t, and tungsten…
Domestic W Prices Steady at Low-end
25/05/22 | Tungsten
China Commodity Marketplac Domestic tungsten concentrate prices have stabilized at low levels backed by vendors’ strong will to shore prices. However, downstream smelters remain cautious, resulting in a flat market with few transactions. Main stream wolframite concentrate prices (65% WO3) have been stable at RMB 110,000~112,000/t, while scheelite concentrates were…
Domestic W Prices Continue to Drop
18/05/22 | Tungsten
China Commodity Marketplace Domestic tungsten prices have been in decline recently, and downstream buyers are cautious about restocking, despite several tungsten concentrate vendors move to cutting quotations. The market is sluggish today, seeing mainstream wolframite concentrate (65% WO3) prices falling to RMB 111,000~113,000/t, scheelite concentrate (65% WO30 prices at RMB…
Domestic W Prices Decline
06/05/22 | Tungsten
China Commodity Marketplace Ganzhou Tungsten Association published the guide prices for May 2022: wolframite concentrates (55% WO3) at RMB 112,500/t, APT prices at RMB 176,000/t and tungsten powder medium grain at RMB 276/kg, down by RMB 5,500/t, RMB 6,000/t and RMB 6/kg respectively. JXTC Zhangyuan Tungsten tuned down its procurement…
China Moly: Business Revenue of RMB 44.5 bln in Q1 2022
05/05/22 | Tungsten
People Net China Moly achieved RMB 44.5 bln in business revenues for Q1 2022, up by 11.55% y-o-y; the net profits belonging to the listed company were RMB 1.79 bln, up by 77.88% y-o-y. During Q1 2022, the company produced 3,812 tonnes of molybdenum and 1,943 tonnes of tungsten in…
