Data from Chinese customs shows that past market concerns about core increments—Kazakhstan's Bakuta tungsten mine (controlled by a Chinese state-owned enterprise) has started production, exporting 866 tons to China in June. However, this has not hindered the strong tungsten prices after export controls; this week, the spot price of ammonium paratungstate (APT) for tungsten metal in Europe has first surpassed $500 per ton (equivalent to 320,000 RMB per ton)【domestic quote 288,000】, marking the highest price since 2013, with an increase of nearly 50% since the beginning of the year.