Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices remain stable at a high level, and the market transaction atmosphere is relatively slow, but there is still rigid demand circulation support. The quotations of institutions and major tungsten companies at the beginning of the month generally released stable signals, which supported market sentiment. However, the market faces resistance to further upward exploration, and the market is not active enough. The market is temporarily sideways.
There is no obvious intention to loosen the quotation of tungsten ore market. The price of 65% black tungsten concentrate has partially reached RMB 174,000/ton. The supply and demand sides are mutually constrained, and it is difficult for buyers to receive goods.
The ammonium paratungstate (APT) market continues to be in a stalemate game state, and the mainstream quotation focus is around RMB 253,000/ton. The market is supported by high costs on the raw material side and factory inventory reduction, and the demand coordination needs to be improved.
The price of tungsten powder is temporarily stable at around RMB 378/kg, and the price of tungsten carbide powder is around RMB 373/kg. The cost side is still strong, and the progress of terminal consumption is limited. Powder and alloy customers mostly maintain a wait-and-see attitude, and the market communicates on demand.
The price of 70 ferrotungsten is stuck at around RMB 258,000/ton. The production cost is high, but the corresponding shipment demand is under pressure, and the overall market trading atmosphere is stagnant and weak.
The scrap tungsten market has entered a sensitive period of high-level stalemate, the market has different opinions on ups and downs, the trade price gap has widened, and the actual transaction efficiency is not high.
Prices of Tungsten Products on June 11, 2025
Picture of Tungsten Carbide Balls
