[Tungsten Companies' Long-Term Contract Prices] SMM, October 10:
The tax-included unit prices for tungsten raw materials under the long-term contract of a tungsten company in Guangdong for the first half of October 2025 are as follows:
Black tungsten concentrate with a grade above 55%: 267,000 yuan per metric ton.
White tungsten concentrate with a grade above 55%: 266,000 yuan per metric ton.
Ammonium paratungstate: 390,000 yuan per metric ton.
Note: The above unit prices include 13% VAT.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.