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| TABLE 5 | ||||||||||||||||
| MONTHLY PRICE QUOTATIONS OF TUNGSTEN CONCENTRATES IN 2006 | ||||||||||||||||
| Metal Bulletin, European market, 65% WO3 | Platts Metals Week, U.S. spot quotations, 65% | |||||||||||||||
| basis, c.i.f.1, 2 | WO3 basis, c.i.f.1 U.S. ports, including duty3 | |||||||||||||||
| Dollars per | Dollars per | |||||||||||||||
| Dollars per metric ton unit | short ton unit, | Dollars per short ton unit | metric ton unit, | |||||||||||||
| Month | Low | High | Average | average | Low | High | Average | average | ||||||||
| January | 130 | 160 | 145 | 132 | 180 | 200 | 190 | 209 | ||||||||
| February | 130 | 220 | 175 | 159 | 180 | 210 | 195 | 215 | ||||||||
| March | 160 | 220 | 190 | 172 | 175 | 210 | 193 | 212 | ||||||||
| April | 160 | 200 | 180 | 163 | 160 | 185 | 173 | 190 | ||||||||
| May | 160 | 200 | 180 | 163 | 150 | 170 | 160 | 176 | ||||||||
| June | 150 | 170 | 160 | 145 | 150 | 190 | 170 | 187 | ||||||||
| July | 150 | 170 | 160 | 145 | 180 | 200 | 190 | 209 | ||||||||
| August | 150 | 170 | 160 | 145 | 190 | 210 | 200 | 220 | ||||||||
| September | 160 | 170 | 165 | 150 | 180 | 210 | 195 | 215 | ||||||||
| October | 160 | 170 | 165 | 150 | 170 | 200 | 185 | 204 | ||||||||
| November | 160 | 170 | 165 | 150 | 150 | 200 | 175 | 193 | ||||||||
| December | 160 | 170 | 165 | 150 | 150 | 170 | 160 | 176 | ||||||||
| 1Cost, insurance, and freight. | ||||||||||||||||
| 2Combined wolframite and scheelite quotations. Low and high prices are reported semiweekly. Monthly averages are arithmetic� | ||||||||||||||||
| averages of semiweekly low and high prices. The annual average price per metric ton unit of WO3 of all semiweekly low and high | ||||||||||||||||
| prices was $166 in 2006. The average equivalent price per short ton unit of WO3 was $151 in 2006. | ||||||||||||||||
| 3Low and high prices are reported weekly.� Monthly averages are arithmetic averages of weekly low and high prices. The annual� | ||||||||||||||||
| average price per short ton unit of WO3 of all weekly low and high prices was $181 in 2006.� The average equivalent price per | ||||||||||||||||
| metric ton unit of WO3 was $200 in 2006. | ||||||||||||||||
Source: United States Geological Survey Mineral Resources Program