Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices are in a sideways cycle, with both supply and demand sides cautiously balancing, and market liquidity is limited. On the one hand, a gap in tungsten raw material supply persists, and as the risks of high prices gradually ease, some holders are again reducing sales. On the other hand, due to the unstable macroeconomic environment, consumer confidence is hesitant, and market demand is relatively weak. Overall, the current tungsten market has mixed views, with participants generally cautiously trading based on demand, observing uncertainties such as the international political and economic situation, domestic policies and regulations, and the industry's competitive landscape.
As of press time,
The price of 65% wolframite concentrate was RMB 270,000/ton, down 6.3% from its high and up 88.8% from the beginning of the year.
The price of 65% scheelite concentrate was RMB 269,000/ton, down 6.3% from its high and up 89.4% from the beginning of the year.
The price of ammonium paratungstate (APT) was RMB 393,000/ton, down 6% from its high and up 86.3% from the beginning of the year.
European APT prices are reported at USD 600-670/mtu (RMB 379,000-423,000/ton), up 92.4% from the beginning of the year.
Tungsten powder prices are reported at RMB 615/kg, down 4.7% from their peak and up 94.6% from the beginning of the year.
Tungsten carbide powder prices are reported at RMB 600/kg, down 4.8% from their peak and up 92.9% from the beginning of the year.
Cobalt powder prices are reported at RMB 430/kg, up 152.9% from the beginning of the year.
70 ferrotungsten prices are reported at RMB 382,000/ton, down 6.8% from their peak and up 77.7% from the beginning of the year.
European ferrotungsten prices are reported at USD 84-88/kg W (RMB 419,000-439,000/ton), up 95.5% from the beginning of the year.
Tungsten scrap bar prices are reported at RMB 415/kg, down 6.7% from their yearly high and up 88.6% from the beginning of the year.
The price of scrap tungsten drill bits was reported at RMB 395/kg, down 13.2% from the highest point of the year and up 73.2% from the beginning of the year.
Prices of Tungsten Products on October 14, 2025
Tungsten Price Trend from January to October 14, 2025
