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

Published: May 20, 2026 14:39

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[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.

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