Offers of Minor Metals in Europe (2017-11-29）

[Tungsten Industry Long-Term Contract Information] SMM, March 25: A tungsten enterprise in Guangdong released its long-term contract prices for the second half of March. Among them, the price of wolframite concentrates with WO3 content above 55% was 1.005 million yuan/standard tonne (65%WO3 basis), and the price of scheelite concentrates with WO3 content above 55% was 1.004 million yuan/standard tonne (65%WO3 basis). Tungsten concentrate long-term contract prices were raised by 50,000 yuan/standard tonne MoM. The APT long-term contract price was 1.48 million yuan/mt, raised by 70,000 yuan/mt MoM. Note: The above prices include 13% VAT.

[Tungsten Ore Tender Update] SMM News on March 25: Due to specific factors, a tungsten concentrate tender sale originally scheduled for today by a miner in Yunnan will be postponed, and the specific bidding time has not yet been determined.

[SMM Titanium Express] LB Group issued its third TiO₂ price increase notice this month. Effective March 24, domestic prices will rise by RMB 1,000/ton and international prices by USD 150/ton. Cost pressures persist with strong market bullish sentiment.