Analysis of Latest Tungsten Market from Chinatungsten Online
The tungsten market continued its moderate upward trend, but cost transmission across the industry chain was hampered, leading to a cautious market atmosphere. The Tungsten ore market remained tight with high prices, while smelters followed market trends and raised prices accordingly. The tungsten powder market saw a stalemate in supply and demand, with prices remaining stable. The cemented carbide prices rose passively, but transactions are yet to be finalized. The tungsten waste and scrap market were boosted by positive sentiment, resulting in volatile upward price movements. Overall, the tungsten market remains in an upward trend in the short term. Attention should be paid to today's price quotes from two major companies in Jiangxi, as well as last month's tungsten product import and export data.
As of press time,
65% wolframite concentrate was priced at RMB 327,000/ton, up 128.7% from the beginning of the year.
65% scheelite concentrate was priced at RMB 326,000/ton, up 129.6% from the beginning of the year.
Ammonium paratungstate (APT) was priced at RMB 484,000/ton, up 129.9% from the beginning of the year.
European APT prices are reported at USD 673.75-705/mtu (equivalent to RMB 424,000-444,000/ton), up 108.9% from the beginning of the year.
Tungsten powder prices are reported at RMB 770/kg, up 143.7% from the beginning of the year.
Tungsten carbide powder prices are reported at RMB 740/kg, up 137.9% from the beginning of the year.
Cobalt powder prices are reported at RMB 510/kg, up 200% from the beginning of the year.
70% ferrotungsten is reported at RMB 442,000/ton, up 105.6% 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 475/kg, up 115.9% from the beginning of the year.
Scrap tungsten drill bits are reported at RMB 440/kg, up 93% from the beginning of the year.
Prices of Tungsten Products on November 20, 2025
Tungsten Price Trend from January to November 20, 2025
