China Minmetals Cuts March Tungsten Concentrate Prices

Metal Bulletin reported that China Minmetals Nonferrous Metals (CMN) has reduced its March tungsten concentrate prices. They are now more in line with spot market prices.

As quoted in the market news:

CMN set the guidance price for black tungsten concentrate of 65% content at 135,000 yuan ($22,019) per tonne. The price is 7,000 yuan lower than the previous level. The company has set the guidance price for white tungsten

Click here to read the full Metal Bulletin report.