Analysis of Latest Tungsten Market from Chinatungsten Online
The unprecedented surge in the tungsten market continues!
In the tungsten concentrate market, strict safety regulations and tight supply expectations as September 3rd approaches have led to a continued bullish sentiment. However, downstream supply pressure is high, and the market price transmission mechanism is unbalanced.
The price of 65% wolframite concentrate is reported at RMB 233,000/ton, a 62.9% increase from the beginning of the year.
The price of 65% scheelite concentrate is reported at RMB 232,000/ton, a 63.4% increase from the beginning of the year.
In the ammonium paratungstate (APT) market, amidst rising tungsten raw material prices, suppliers are holding onto inventory in anticipation of price increases. APT is in short supply, prices are surging, market uncertainty is high, and overall liquidity is weak.
The price of ammonium paratungstate (APT) is reported at RMB 350,000/ton, a 65.9% increase from the beginning of the year.
In the tungsten powder market, the risk of high raw material prices continues to accumulate, and vendors are reluctant to proactively quote prices. The market maintains a cautious, one-on-one negotiation model to avoid buying at peak prices. Although cemented carbide alloy manufacturers and their downstream companies have issued price increase notices, actual demand has been insufficient, and market consumption is limited.
Tungsten powder prices are reported at RMB 525/kg, a 66.1% increase from the beginning of the year.
Tungsten carbide powder prices are reported at RMB 510/kg, a 64.0% increase from the beginning of the year.
In the ferrotungsten market, prices have remained strong recently, primarily driven by fluctuations in upstream costs within the supply chain. Traders are negotiating on a demand-based basis.
70 ferrotungsten prices are reported at RMB 338,000/ton, a 57.2% increase from the beginning of the year.
In the tungsten scrap market, amidst significant price increases for raw materials, scrap holders are increasingly reluctant to sell and are bullish, leading to a strengthening market.
The price of scrap tungsten rods was reported at RMB 400/kg, up 81.8% from the beginning of the year.
Prices of Tungsten Products on August 26, 2025
Tungsten Price Trend from January to August 26, 2025
