Southern Nonferrous Metals Concludes 200-Ton Bismuth Ingot Tender at 160,000 Yuan Per Ton

This week, China’s domestic manganese-based battery materials market has shown a differentiated operation trend. The price of battery-grade manganese tetroxide has slightly declined, the price of electrolytic manganese dioxide has slightly increased, and lithium manganate has maintained a weak balance of supply and demand.

In contrast to the typical price declines seen during the traditional spring festival low season from January to February in previous years, China’s domestic manganese sulfate market has recently staged an independent rally of “strong performance amid the off-season”, with prices rising steadily along the way.

SMM, March 13th：Recently, the tungsten market has been impacted by factors including the failure of two mineral auctions, leading to a significant weakening of confidence in the raw material market. Downstream enterprises have adopted a strong wait-and-see attitude, with many suspending purchases. Meanwhile, holders have increased their demand for liquidity, resulting in higher market supply. Today, tungsten ore and APT prices have entered a stagflation and sideways consolidation phase.SMM 65% Wolframite Concentrate is quoted at 1.0505 million yuan per standard ton, unchanged from yesterday, with a cumulative increase of 131.6% year-to-date.SMM APT price is quoted at 1.515 million yuan per ton, unchanged from yesterday, with a cumulative increase of 126.1% year-to-date.