Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices are soaring, and some industry insiders lamented: "This is not a bullet flying, it's clearly the Shenzhou 9 rocket going up to the sky!"
As of press time,
the price of 65% wolframite concentrate has exceeded RMB 180,000/ton, up 25.9% from the beginning of the year.
The price of ammonium paratungstate (APT) is RMB 262,000/ton, up 24.2% from the beginning of the year.
The price of tungsten powder is RMB 394/kg, up 24.7% from the beginning of the year
The price of tungsten carbide powder is RMB 384/kg, up 23.5% from the beginning of the year.
The price of 70 ferrotungsten is RMB 265,000/ton, up 23.7% from the beginning of the year
The price of scrap tungsten rods is RMB 280/kg, up 27.3% from the beginning of the year.
Against the backdrop of a stable and improving domestic macroeconomic situation and a turbulent international political and economic landscape, the resource value attribute of tungsten as a strategic metal has become increasingly prominent and recognized by all parties, and its price trend will eventually conform to the fundamental pattern of supply and demand. The current tungsten market is in a state of polarization: upstream raw materials are in a state of speculation, while downstream processing companies are treading on thin ice. As tungsten prices continue to rise, on the one hand, the profit-taking pressure in the market has been hanging like a sword of Damocles; on the other hand, the existing resource profit-makers are not eager to put a large amount of resources into the market. In this sensitive period, it is recommended that participants look for opportunities for volatility in the short-term upward trend, and enter and exit quickly according to demand on the basis of rationality and prudence, so as to avoid avoiding the market for fear of high prices, thereby losing old customers and market share; more importantly, it is necessary to avoid the risk of continued depreciation of the US dollar when the review time for dual-use items continues to be extended for foreign trade orders.
Prices of Tungsten Products on July 17, 2025
Tungsten Price Trend from January to July 17, 2025
