Early publication of Shanghai tungsten prices

The publication of Fastmarkets’ tungsten and ferro-tungsten Shanghai price assessments was earlier than scheduled on Wednesday October 23 due to an error.

The prices were published at 10:40am London time instead of the scheduled time of 2pm.

The data submission window had already closed, and the data collection and price assessments were not affected by the early publication.

The following prices were published early:

MB-W-0003 Tungsten APT 88.5% WO3 min, fob main ports China, $ per mtu WO3

MB-W-0002 Tungsten concentrate 65% WO3, in-whs China, yuan per tonne

MB-FEU-0003 Ferro-tungsten, export, min 75%, fob China, $ per kg W

These prices are part of the Fastmarkets Metals package.

For more information, or to provide feedback on the early publication of these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact Jessica Long by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Jessica Long early publication of tungsten Shanghai prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.

What to read next
This strategic launch is designed to better delineate the relationship between these two competing steelmaking materials. The differentials offer the market a single reference price denoting the spread between Turkey import billet and No1 and No2 heavy melting scrap (80:20) and between Turkey import billet and shredded scrap exported from the US East Coast respectively. […]
The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.
Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.
After an initial one-and-a-half-month consultation, followed by a further three-month consultation period on the proposed inclusion of a powder brand, and following market feedback and data analysis, Fastmarkets has determined that current market circumstances do not make the proposed amendment to the cobalt standard grade, in-whs Rotterdam, daily price assessment viable. This decision is not a judgement on the […]
Fastmarkets launched two new price assessments for Indonesia’s domestic trade in nickel ore on Tuesday July 15. The two price assessments are for domestic trades of Indonesian laterite ores with 1.6% and 1.2% nickel content. Indonesia now accounts for 60% of the global nickel supplies and while there is an official government reference price, known […]
Nickel pig iron (NPI) is a key feedstock material used for stainless steel production, and the CIF has grown to become one of the mainstream trading methods for the Chinese market. The proposed price assessment will allow Fastmarkets to bring more transparency to the Chinese NPI market. Fastmarkets has been tracking spot and DDP China […]