Zhangyuan Tungsten Cuts Long-Term Purchase Prices for Tungsten Products in Early July

According to Zhangyuan Tungsten, the company reduced its long-term purchasing prices for tungsten products in the first half of July 2026. Prices for 55% black tungsten concentrate dropped to 448,000 yuan per metric ton, while 55% white tungsten concentrate fell to 447,000 yuan per metric ton. Ammonium paratungstate (national standard grade zero) declined to 660,000 yuan per ton. All prices include 13% value-added tax. The cuts represent a decline from the company's June 15-30 pricing, when black tungsten concentrate was quoted at 520,000 yuan per metric ton, white tungsten concentrate at 519,000 yuan per metric ton, and ammonium paratungstate at 780,000 yuan per ton.
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