Analysis of Latest Tungsten Market from Chinatungsten Online
Merry Christmas Eve! 🎄
Tungsten price increases have slowed slightly due to increased market profit-taking, particularly in tungsten waste and scrap prices, which have seen significant fluctuations. However, the primary raw material market remains dominated by bullish sentiment in the short term, driven by the current and anticipated tight supply. With the year-end approaching, market opinions differ on whether prices can continue to break through key resistance levels, with current transactions mainly consisting of sporadic stockpiling and a strong wait-and-see attitude prevailing.
As of press time:
65% wolframite concentrate is priced at RMB 462,000/ton, up 223.1% from the beginning of the year.
65% scheelite concentrate is priced at RMB 461,000/ton, up 224.7% from the beginning of the year.
Ammonium paratungstate (APT) is priced at RMB 680,000/ton, up 222.3% from the beginning of the year.
European APT is priced at USD 825-900/mtu (equivalent to RMB 513,000-560,000/ton), up 161.4% from the beginning of the year.
Tungsten powder is priced at RMB 1080/kg, up 241.8% from the beginning of the year.
Tungsten carbide powder is priced at RMB 1040/kg, up 234.4% from the beginning of the year.
Cobalt powder is priced at RMB 515/kg, up 202.9% from the beginning of the year.
70% ferrotungsten is priced at RMB 655,000/ton, up 204.7% from the beginning of the year.
European ferrotungsten is priced at USD 119-127/kg W (equivalent to RMB 585,000-625,000/ton), up 179.6% from the beginning of the year.
Scrap tungsten rod is priced at RMB 660/kg, up 200.0% from the beginning of the year.
Scrap tungsten drill bit is priced at RMB 625/kg, up 174.1% from the beginning of the year.
Prices of Tungsten Products on December 24, 2025
Tungsten Price Trend from January to December 24, 2025
