Shaanxi Miner Concluded Scheelite Concentrates Transactions, Tungsten Market Negotiation Price Center Shifted Upward

Published: May 29, 2026 09:27

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[Tungsten News Flash] On May 29, SMM reported that a miner in Shaanxi tendered and sold 35 mt in physical content of scheelite concentrates (30%≤WO3: average grade <35%) on May 28, with the final transaction price at approximately 410,000 yuan/standard tonne (65%WO3 basis). Today, suppliers in the tungsten concentrates market showed a strong tendency to hold back from selling and adopt a wait-and-see approach, the market negotiation center shifted upward, and downstream inquiries were active.

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