Analysis of latest tungsten market from Chinatungsten Online
The price of tungsten raw materials has been stable and rising, driven by the tight supply and price of tungsten ore resources.
However, the demand momentum of the industry is limited by the macroeconomic situation and the international trade environment, and the market consumption enthusiasm is insufficient. The tungsten market as a whole maintains a stalemate and sideways trend, the confidence of participants is divided, the price difference between quotations is widened, and the overall trading rhythm is still slow.
The price of 65% black tungsten concentrate is adjusted to RMB 145,000/ton, the holders are reluctant to sell to support the market, the acceptance of buyers is insufficient, and the market trading activity is limited.
The price of ammonium paratungstate is temporarily stable at around RMB 214,000/ton, the production cost of enterprises is high, the downstream consumption is not hot, the market supply and demand are mismatched, the negotiation confidence is divided, and the transaction market is deadlocked.
The price of tungsten powder has reached RMB 319/kg, and the price of tungsten carbide powder is RMB 314/kg. The risk and cost factors of the raw material supply chain are the main driving force for the upward movement of the market, but the demand performance is relatively weak, and the sustainability of the market situation needs to be watched.
The price of ferrotungsten is consolidating at around RMB 220,000/ton. Cost and rigid demand support the confidence of traders, but the uncertainty of the macro-economy and industry consumption affects the market trading mentality, and merchants maintain a market-following strategy.
The price of scrap tungsten is currently relatively stable, and the fluctuations in raw material prices and the complex and changing macro-situation are observed. The local quotations have moved up, and the transaction is to be followed up.
Prices of tungsten products on April 17, 2025
Picture of tungsten alloy blocks
