China's tungsten concentrate imports hit a record high in June 2026

[Tungsten Flash] SMM, July 22: A mine in Guangdong put up six batches of tungsten concentrates for auction on July 22. As of now, two batches have been transacted: 43 standard tonnes (65% WO3 basis) of 23% WO3 tungsten concentrates were sold at 366,500 yuan/standard tonne, and 29 standard tonnes of 18% WO3 tungsten concentrates were sold at 338,100 yuan/standard tonne.

[Tungsten Express] SMM July 20 News: A tungsten enterprise in Chongyi released long-term contract prices for the second half of July. The long-term contract price for 55% wolframite concentrates was executed at 411,000 yuan per standard tonne (65% WO3 basis), and for 55% scheelite concentrates at 410,000 yuan per standard tonne. The ore-side long-term contract price was reduced by 37,000 yuan per standard tonne compared with the first half of July. The long-term contract price for APT (national standard, zero-grade) was executed at 605,000 yuan per mt, down 55,000 yuan per mt from the first half of July.