[Tungsten Flash] SMM, June 10: A tungsten enterprise in Guangdong released the first-half June long-term contract prices. The prices for 55% wolframite concentrates and 55% scheelite concentrates were set at 518,000 yuan per standard tonne (65% WO3 basis) and 517,000 yuan per standard tonne, respectively. The long-term contract ore prices were raised by 108,000 yuan per standard tonne compared with the second-half May levels. The long-term contract APT price was set at 780,000 yuan per mt, an increase of 120,000 yuan per mt from the second-half May level (all prices above include 13% VAT).

[Tungsten Flash] SMM, June 5: A tungsten enterprise in Zhangyuan announced its long-term contract purchase prices for the first half of June. The price for 55% wolframite concentrates is set at 505,000 yuan/standard tonne (65%WO3 basis), and that for 55% scheelite concentrates at 504,000 yuan/standard tonne (65%WO3 basis). Ore prices rose 91,000 yuan/mt MoM from the second half of May. APT price is set at 760,000 yuan/mt, up 100,000 yuan/mt from the second half of May. Note: The above unit prices include 13% VAT.

[Tungsten Flash] SMM June 5: According to sources, the Ganzhou Tungsten Association's forecast prices for the tungsten market in June 2026 are: 55% wolframite concentrates 505,000 yuan/standard tonne (65% WO3 basis), down 195,000 yuan/standard tonne MoM from the May quotation; APT 760,000 yuan/mt, down 260,000 yuan/mt MoM; medium-grain tungsten powder 1300 yuan/kg, down 620 yuan/kg MoM. (All prices include 13% VAT)

[SMM Tungsten Daily Review: Improved Trading Lifts Tungsten Market Volume and Prices, End-Use Demand Follow-Through Remains Key Focus for the Outlook] SMM June 3 report: The tungsten market posted steady gains this week, with related products across the industry chain rising across the board. Tungsten ore and APT markets recorded six consecutive days of increases. New orders from downstream powder enterprises began to gradually improve. Supported by increased trading volume and rising costs, powder enterprises successively raised their quoted prices. Downstream and end-user enterprises shifted from sporadic rigid-demand purchases to bulk purchasing, bullish sentiment grew increasingly strong, and price gains were concentrated in upstream raw materials and the APT segment, while deep-processed products passively rose following costs.

[Tungsten News Flash] SMM June 3: The tungsten spot market saw active inquiries today. Downstream participants were bullish and entered the market actively, with prices across the industry chain rising across the board. Upstream raw material suppliers had a strong hold-back-from-selling mentality, and suppliers' offers remained firm. Wolframite concentrates spot order transaction prices mainly exhibited wild swings. Today, SMM 65% wolframite concentrates closed at 450,500 yuan/standard tonne (65%WO3 basis), up 10,000 yuan/mt from the previous day. Some spot order quotes approached 500,000 yuan/standard tonne (65%WO3 basis). Attention going forward will be on the pace of mine shipments. Today, the APT market mainly saw steady increases. The industry engaged in concentrated procurement, and the market transaction center shifted upward. Mainstream transactions were concentrated around 720,000 yuan/mt, with some spot orders already exceeding 750,000 yuan/mt. Smelter offers remained firm. Today, SMM APT price closed at 725,000 yuan/mt, up 20,000 yuan/mt from the previous day, with a cumulative increase of 80,000 yuan/mt recently.

In May, European APT prices held firm above $3,000/mtu amid tight supply, while scrap tungsten dropped sharply. China's tungsten prices rebounded late in the month as sentiment improved, though downstream demand remained soft. A cautious bottoming trend emerged.