Nandan County Jilang Indium Industry Tendered 4 mt of Crude Indium on the 14th [SMM Indium Report]

[Tungsten News Flash] SMM May 14: The tungsten concentrates market showed a sharp downward trend. The spot order negotiation center in the industry continued to shift lower. With intensive maintenance in the downstream APT sector and weakening market demand, suppliers were highly motivated to make shipments, and most spot order negotiations in the market were conducted at significant discounts from the online prices. Major mines in regions such as Jiangxi and Hunan mainly made shipments under long-term contracts. The price spread between long-term contract prices and current market spot order prices widened to over 300,000 yuan/standard tonne (65%WO3 basis). Based on current spot order transaction information and the proportion of long-term contracts, SMM 65% wolframite concentrates closed at 550,500 yuan/standard tonne (65%WO3 basis) today, down 50,000 yuan/standard tonne (65%WO3 basis) from the previous day.

SMM May 14 news: According to market sources, Nandan County Jilang Indium Co., Ltd. plans to sell crude indium ingots today, May 14. The indium grade is ≥99.00%, with a total quantity of approximately 4,000 kg, and the product complies with the standard YS/T 1163-2016 "Crude Indium". Delivery location: Warehouse of Nandan County Jilang Indium Co., Ltd. (Industrial Park, Chehe Town, Nandan County, Hechi City). The seller is responsible for loading and weighing, while freight costs shall be borne by the buyer. The bidding deadline is before 16:00 on May 14, 2026; bids submitted after the deadline will be invalid.