A Tungsten Company in Jiangxi Lowered Wolframite Concentrates Prices in the First Half of May

Published: May 6, 2026 22:26

Save

[Tungsten News Flash] SMM May 6: A tungsten industry group in Jiangxi released long-term contract prices for the first half of May. The guidance price for national standard grade-one wolframite concentrates for the first half of May 2026 was 720,000 yuan/standard tonne (65%WO3 basis) (long-term contract), down 190,000 yuan/standard tonne (65%WO3 basis) from the second half of April.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Multiple Tungsten Companies Continue to Lower Long-Term Contract Prices, with a Decline Exceeding 33% in Less Than Two Months — Where Will Tungsten Prices Head Next? [SMM Commentary]

Common.Time.minsAgo

Tungsten Prices Stable in Europe, Scrap Prices Drop in India Amid Weak Demand

[SMM Tungsten Express] SMM May 7: APT CIF Rotterdam prices remained stable at $2,900-3,200/mtu this week, flat WoW. However, market pessimism was strong in the European market this week, with end-users mostly adopting a wait-and-see attitude. Despite no change in the tight supply landscape, there was virtually no substantial trading in the market this week, and buyers and sellers were in a stalemate. In the Indian market, FOB prices for scrap tungsten drill bits were quoted at $100-120/kg, with an average price of $110/kg, down $30 WoW. Market demand was weak, and panic sentiment among scrap dealers intensified, accelerating the price decline.

Common.Time.minsAgo

Apr 30, 2026 18:06

APT Prices Steady Amid Divided Market Sentiment, Ferrotungsten and Scrap Prices Decline

[SMM Tungsten Express] APT CIF Rotterdam prices held steady at $2,800-3,200/mt this week, with market sentiment divided. Demand gaps supported continued raises in high-end offers, but influenced by sharp price declines in the Chinese market, European and American buyers generally adopted a wait-and-see approach, with overall transactions hindered. Ferrotungsten and scrap prices continued to decline. Ferrotungsten Rotterdam warehouse was quoted at $280-295/kg W, down $12.5 WoW; European scrap tungsten carbide inserts were quoted at €100-110/kg, down €5 WoW.

Apr 30, 2026 18:06