Chongyi tungsten enterprises slightly raised long-term contract prices for the first half of August.
[Tungsten Flash] SMM, August 5: A tungsten enterprise in Chongyi released its long-term contracts for the first half of August, with 55% wolframite concentrates contracted at 412,000 yuan/standard tonne (65%WO3 basis), 55% scheelite concentrates at 411,000 yuan/standard tonne (65%WO3 basis), and ore long-term contract prices raised by 1,000 yuan/standard tonne compared to the second half of July. APT (grade zero, national standard) long-term contract was executed at 606,000 yuan/mt, up 1,000 yuan/mt from the second half of July.