CHINA TUNGSTEN SNAPSHOT: Concentrate prices lead the decline amid softening demand, book squaring

By Anna Xu / January 18, 2018 / www.metalbulletin.com / Article Link

Key data from Metal Bulletin's Wednesday January 17 pricing session in China.

Tungsten concentrates 65% WO3 in warehouse China RMB/tonne Key drivers: - Low operation rates at ammonium paratungstate (APT) smelters in China's Jiangxi province have slowed demand for tungsten concentrates. - Increased selling appetite with participants looking to square their books ahead of the upcoming Chinese New Year holidays (February 15-21).Key quotes: "I bought a few batches of black tungsten concentrates 65% at 112,000-113,000 yuan ($17,404-17,559) per tonne over the past week with...

Recent News

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com

US a major market for Canadian mineral exports

November 11, 2024 / www.canadianminingreport.com

Gold stocks down along with broad equities decline

November 04, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok