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Zhangyuan Tungsten Sets Sept H1 Long-Term Purchase Prices

On Sept 7, Zhangyuan Tungsten announced its long-term purchase quotes for the first half of September 2026: 55% black tungsten concentrate at 413,000 yuan per standard ton, 55% white tungsten concentrate at 412,000 yuan per standard ton, and ammonium paratungstate (national standard zero grade) at 600,000 yuan per ton.

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AI take

This pricing move by Zhangyuan Tungsten serves as a benchmark for the tungsten market, potentially influencing spot transactions and contract negotiations across the supply chain. The specific levels set for concentrates and APT signal the company's view on near-term cost support, which could matter for downstream buyers and traders gauging price direction. Whether other major producers align with these quotes, and how the market reacts in terms of actual trading volumes, will be the key indicators to watch over the coming weeks.

Generated by AI for reference only.

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