Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices remained generally firm on Monday. Although consumer sentiment remained cautious, the tungsten market's center of gravity shifted upward, driven by some demand for restocking and supply-side reluctance to sell, which supported the market. On the raw material side, mining and smelting companies, impacted by cost pressures and tight resource supplies, were generally reluctant to sell and supported prices. The powder and metallurgical markets were in a state of upstream and downstream competition. Recent price increases for tungsten raw materials have contributed to cost pressures, leading most companies to adopt a wait-and-see approach to price stability, with some prices experiencing slight increases. The tungsten scrap market was relatively positive, with traders showing increased purchasing enthusiasm and suppliers strengthening their bargaining power, driving firm quotes.
As of press time,
65% wolframite concentrate was priced at RMB 272,000/ton, down 5.6% from its year-to-date high and up 90.2% from the beginning of the year.
65% scheelite concentrate was priced at RMB 271,000/ton, down 5.6% from its year-to-date high and up 90.9% from the beginning of the year.
The price of ammonium paratungstate (APT) was RMB 398,000/ton, down 4.8% from its peak this year and up 88.6% from the beginning of the year.
The price of European APT was USD 600-685/mtu (RMB 378,000-432,000/ton), up 94.7% from the beginning of the year.
The price of tungsten powder was RMB 615/kg, down 4.7% from its peak this year and up 94.6% from the beginning of the year.
The price of tungsten carbide powder was RMB 600/kg, down 4.8% from its peak this year and up 92.9% from the beginning of the year.
The price of cobalt powder was RMB 470/kg, up 176.5% from the beginning of the year.
The price of 70 ferrotungsten was RMB 385,000/ton, down 6.1% from its peak this year and up 79.1% from the beginning of the year.
The European ferrotungsten price is USD 86-89.50/kg W (RMB 429,000-447,000/ton), a 99.4% increase since the beginning of the year.
The price of scrap tungsten rods is RMB 420/kg, down 5.6% from its peak this year and up 90.9% since the beginning of the year.
The price of scrap tungsten drill bits is RMB 408/kg, down 10.3% from its peak this year and up 78.9% since the beginning of the year.
Prices of Tungsten Products on October 20, 2025
Tungsten Price Trend from January to October 20, 2025
