Analysis of Latest Tungsten Market from Chinatungsten Online
On Monday, domestic tungsten market prices remained generally stable, with supply and demand locked in a stalemate and actual transactions sluggish. Sellers increased their shipments to raise cash, but their willingness to offer discounts was limited, and ore resources remained tight. Buyers faced significant pressure to absorb rising raw material costs and remained cautious in their purchasing, limiting the short-term upward momentum. Currently, the tungsten market is experiencing a more rational atmosphere, with prices trading sideways within a narrow range, awaiting clearer directional news regarding fundamentals and policies.
International tungsten prices continued their firm trend, with supply chain issues remaining unresolved, leading to a continued upward shift in price levels. It is worth noting that some industry players stated that current APT (ammonium paratungstate) prices from overseas institutions are significantly lagging behind actual market transaction prices.
As of press time,
65% wolframite concentrate was priced at RMB 314,000/ton, up 119.6% from the beginning of the year.
65% scheelite concentrate was priced at RMB 313,000/ton, up 120.4% from the beginning of the year.
Ammonium paratungstate (APT) was priced at RMB 464,000/ton, up 119.9% from the beginning of the year. European APT prices are reported at USD 647.5-700/mtu (equivalent to RMB 408,000-441,000/ton), up 104.2% from the beginning of the year.
Tungsten powder prices are reported at RMB 725/kg, up 129.4% from the beginning of the year.
Tungsten carbide powder prices are reported at RMB 705/kg, up 126.7% from the beginning of the year.
Cobalt powder prices are reported at RMB 500/kg, up 194.1% from the beginning of the year.
70% ferrotungsten is reported at RMB 428,000/ton, up 99.1% from the beginning of the year.
European ferrotungsten prices are reported at USD 92-94/kg W (equivalent to RMB 458,000-468,000/ton), up 111.4% from the beginning of the year.
Scrap tungsten rod prices are reported at RMB 470/kg, up 113.6% from the beginning of the year.
Scrap tungsten drill bits are reported at RMB 437/kg, up 91.7% from the beginning of the year.
Prices of Tungsten Products on November 10, 2025
Tungsten Price Trend from January to November 10, 2025
