Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices continued their upward trajectory on Monday, driven primarily by robust fundamentals at the raw material level. However, the transmission of these price increases to downstream sectors remains sluggish, resulting in lackluster market transactions.
The tungsten market is currently navigating a delicate balance between "raw material exuberance" and "full industry chain pressures." In the short term, caution is warranted as market sentiment may cool, while the long-term outlook remains anchored in the revaluation of tungsten's strategic resource value. Industry insiders note that, despite liquidity constraints and risks of speculative pullbacks, the scarcity of resources, strategic importance, and emerging demand potential make a return to last year's price levels unlikely. Future price movements will hinge on evolving supply-demand dynamics and macroeconomic factors.
As of press time,
65% wolframite concentrate was priced at RMB 206,000/ton, up 44.1% from the beginning of the year.
65% scheelite concentrate was priced at RMB 205,000/ton, up 44.4% from the beginning of the year.
Ammonium paratungstate (APT) was priced at RMB 306,000/ton, up 45% from the beginning of the year. The European APT price is USD 485-505/mtu (RMB 308,000-321,000/ton), a 50% increase from the beginning of the year.
Tungsten powder is priced at RMB 455/kg, a 44% increase from the beginning of the year.
Tungsten carbide powder is priced at RMB 445/kg, a 43.1% increase from the beginning of the year.
70 ferrotungsten is priced at RMB 307,000/ton, a 42.8% increase from the beginning of the year.
European ferrotungsten is priced at USD 66-68/kg W (RMB 332,000-342,000/ton), a 52.3% increase from the beginning of the year.
Tungsten scrap bar is priced at RMB 340/kg, a 54.5% increase from the beginning of the year.
Prices of Tungsten Products on August 18, 2025
Tungsten Price Trend from January to August 18, 2025
