Guangdong Tungsten Enterprise Raises Long-Term Contract Prices for First Half of June
[Tungsten Flash] SMM, June 10: A tungsten enterprise in Guangdong released the first-half June long-term contract prices. The prices for 55% wolframite concentrates and 55% scheelite concentrates were set at 518,000 yuan per standard tonne (65% WO3 basis) and 517,000 yuan per standard tonne, respectively. The long-term contract ore prices were raised by 108,000 yuan per standard tonne compared with the second-half May levels. The long-term contract APT price was set at 780,000 yuan per mt, an increase of 120,000 yuan per mt from the second-half May level (all prices above include 13% VAT).