Last Friday, the long-term negotiated price for the second half of
October from Zhangyuan Tungsten was released. Wolframite concentrate
quoted at $16,046 per tonne, down $232 per tonne compared with the first
half of this month; scheelite concentrate lowered $232 per tonne to
$15,814 per tonne; APT lowered $310 per tonne to $280 per mtu. Although
the guidance price edges lowers on the whole, slightly higher than the
actual transaction of the spot market. It also gives some support for
bulk single price.
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