Zhangyuan Tungsten released its late-August 2026 long-term contract purchase prices for tungsten concentrates and ammonium paratungstate (APT), all inclusive of 13% VAT.
Zhangyuan is a major state-linked tungsten buyer in China, and its published contract prices serve as a reference benchmark for domestic tungsten raw material transactions. The announced prices — CNY 415,000/standard tonne for 55% black tungsten concentrate, CNY 414,000/standard tonne for 55% white tungsten concentrate, and CNY 600,000/tonne for APT (national standard zero grade) — establish the cost floor that processors and downstream users price against. No prior-period or consensus figures are supplied, so direction and magnitude of change relative to previous contract cycles cannot be determined from this source alone.