[A large tungsten enterprise in Guangdong raises long-term contract prices for the second half of July] SMM reported on July 25 that according to SMM's information, a large tungsten enterprise in Guangdong has raised the prices of raw materials for the second half of July. Specifically, the unit price for black tungsten concentrate with a grade above 55% is 187,000 yuan/mt, and the unit price for white tungsten concentrate with a grade above 55% is 186,000 yuan/mt.
The ore side has seen an increase of 14,500 yuan/mt compared to the first half of July. The unit price for ammonium paratungstate is 275,000 yuan/mt, representing an increase of 22,000 yuan/mt compared to the first half of the month.