Zhangyuan Tungsten Raises Long-Term Contract Purchase Prices for First Half of June
[Tungsten Flash] SMM, June 5: A tungsten enterprise in Zhangyuan announced its long-term contract purchase prices for the first half of June. The price for 55% wolframite concentrates is set at 505,000 yuan/standard tonne (65%WO3 basis), and that for 55% scheelite concentrates at 504,000 yuan/standard tonne (65%WO3 basis). Ore prices rose 91,000 yuan/mt MoM from the second half of May. APT price is set at 760,000 yuan/mt, up 100,000 yuan/mt from the second half of May. Note: The above unit prices include 13% VAT.