Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices fell slightly. There was a periodic price correction on the raw material side, but the consumption willingness on the demand side did not improve, and the macroeconomic situation was still uncertain. The overall transaction atmosphere in the tungsten industry was still not good, and trade was cautious.
In the tungsten concentrate market, the supply support basis was still there, the demand side was relatively weak, the market was in a stalemate, and the market adjusted cautiously. The price of 65% black tungsten concentrate was RMB 172,000/ton.
In the ammonium paratungstate (APT) market, the export channel has not yet recovered, the market consumption improvement space is limited, the contradiction between high cost and weak demand is still significant, the factory operation is in a dilemma, the market center of gravity is slightly adjusted, and the APT price is RMB 251,000/ton.
In the tungsten powder market, the raw material price has loosened to a certain extent, but the enthusiasm of alloys and their downstream users for purchasing raw materials is still not good. After the enterprise inventory is consumed, the one-order negotiation mode is maintained. The market trading is light, the price of tungsten powder is RMB 377/kg, and the price of tungsten carbide powder is RMB 370/kg.
In the ferrotungsten market, the recent inflated market prices have fallen back to a certain extent, and transaction negotiations are relatively rational. Participants are concerned about the direction of the game between upstream and downstream of the industrial chain. The price of 70 ferrotungsten is reported at RMB 258,000/ton.
In the tungsten waste and scrap market, fundamentals and macro information are intertwined, and there are different views on the rise and fall in the market. Most transactions follow the market. Affected by the price fluctuations of tungsten and cobalt raw materials, the recent tungsten scrap market is sideways.
Prices of Tungsten Products on June 24, 2025
Picture of Tungsten Copper Electrodes
