Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices are temporarily stable, with suppliers showing limited willingness to sell at lower prices and buyers reluctant to accept high-priced goods. New orders are relatively low. While there is some demand for stocking up before the National Day holiday, cautious bargaining prevails. The tungsten market remains in a period of stalemate and weak stability.
The price of 65% wolframite concentrate is quoted at RMB 272,000/ton. Profit-taking is weighing on market trends, but resource scarcity supports a long-term upward trend, and the overall market weakness is relatively mild.
The price of ammonium paratungstate (APT) is quoted at RMB 395,000/ton. Smelters are cautiously trading amidst the stalemate, resulting in light market transactions, primarily driven by long-term orders.
Tungsten powder is quoted at RMB 630/kg, and tungsten carbide powder is quoted at RMB 615/kg. The market is cautiously negotiating on a case-by-case basis. While prices are stable, actual bargaining is under pressure, and alloy manufacturers continue to face dual challenges of cost and demand.
The price of 70% ferrotungsten is quoted at RMB 390,000/ton. Due to easing costs and cautious consumer sentiment, the overall market trend is slightly weaker.
The price of scrap tungsten rods is reported at RMB 385/kg. Amidst a cautious market for tungsten raw materials and rising cobalt prices, sentiment in the tungsten scrap market has returned to a more rational state, with a strong wait-and-see attitude.
Prices of Tungsten Products on September 28, 2025
Tungsten Price Trend from January to September 28, 2025
