A Tungsten Company in Chongyi Lowered Long-Term Contract Prices in the Second Half of May

Published: May 20, 2026 14:39

Save

[Tungsten News Flash] SMM May 20: A tungsten enterprise in Chongyi released its long-term contract prices for the second half of May. Specifically, 55% wolframite concentrates: 414,000 yuan/standard tonne (65%WO3 basis); 55% scheelite concentrates: 413,000 yuan/standard tonne (65%WO3 basis). Ore-end long-term contract prices were lowered by 286,000 yuan/standard tonne (65%WO3 basis) compared with the first half of May. APT (national standard grade zero): 660,000 yuan/mt, down 360,000 yuan/mt from the first half of May. The above prices are inclusive of 13% VAT.

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 for 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

16 hours ago

Today, tungsten concentrate transactions were scarce, and the short-term market was in the doldrums.

[Tungsten Express] SMM June 24: The tungsten concentrates market saw sparse transactions today. Downstream smelters mainly purchased as needed, while mines faced difficulty with shipments. Some spot orders were concluded at negotiated prices centered below online quotes and long-term contract prices, and the market was mainly in the doldrums in the short term. This week, attention will focus on auction results for medium- and low-grade tungsten concentrates from mines in Yunnan, Shaanxi, and Hunan, as well as the long-term contract prices of an enterprise in Guangdong.

16 hours ago

Jun 22, 2026 09:14

Both batches of tungsten concentrates from a Yunnan mine were sold at auction.

[Tungsten News] SMM, June 22: It is reported that a mining enterprise in Yunnan sold two batches of tungsten concentrates through auction on June 17 (① 34.19 mt of metal grading 24% W and 2.3% Sn; ② 17 mt of metal grading 50% W), both of which were sold. The winning bid price was the highest price on the day of the negotiated sale, and according to the enterprise's decision, the price will not be disclosed to the public for now.

Jun 22, 2026 09:14

Jun 18, 2026 12:34

Three consecutive rare earth price rises and zirconium price adjustments push minor metals sector higher at open; Oriental Zirconium, China Rare Earth Nonferrous hit limit up [SMM Flash]

Jun 18, 2026 12:34