Xiamen Tungsten Raises APT Long-Term Contract Price by 19,000 Yuan/mt for Second Half of May

Published: May 20, 2025 13:23

Save

The externally purchased APT long-term contract procurement price of Xiamen Tungsten for the second half of May was 238,000 yuan/mt, an increase of 19,000 yuan/mt compared to the previous round of quotations.

Suppliers have the option to exchange an equivalent amount of wolframite with a coefficient of 1.41, on a self pick-up basis. The pricing benchmark for 50% is 160,000 yuan/standard mt, with price adjustments corresponding to increases or decreases (±100).

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

5 hours ago

Airstrike Hits Myanmar Mining Site, Disrupting Antimony Production and Forcing Miners to Flee

According to a report by the Burma News International (BNI) on May 4, 2026, a mining site near Three Pagoda Pass (the Three Pagodas area) in Myanmar was recently hit by an airstrike. Miners have fled to the town of Three Pagodas for shelter, and mining operations have been forced to halt. Informed market sources suggest that the Three Pagodas area primarily produces lead and antimony ore. Given the current situation, resuming antimony production after a ceasefire could take a considerable amount of time. Moreover, the challenges facing mining operations are not limited to the impact of war and the upcoming rainy season — they may also include shortages of fuel and explosives.

5 hours ago

7 hours ago

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]

7 hours ago

21 hours ago

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.

21 hours ago