Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices are temporarily stable, and the market continues to be in a stalemate between supply and demand. The upstream resource end maintains the logic of selling a small amount and supporting the market, the midstream smelting end is deeply trapped in the dilemma of profit inversion, and the downstream application end implements a conservative procurement strategy. The upstream and downstream of the tungsten industry chain each hold their own positions, and the market has not seen significant fluctuations in the sluggish transaction activity under the cautious attitude of the market.
The price of 65% black tungsten concentrate is temporarily stable at RMB 172,000/ton. The scarcity and strategic attributes of resources provide miners with the confidence to support prices. In addition, the quotations of several large tungsten companies have released a signal of stabilizing prices. Tungsten mines remain stable after a slight adjustment.
The price of ammonium paratungstate (APT) is RMB 251,000/ton. The contradiction between high raw material procurement costs and weak downstream demand is difficult to resolve. In the short term, the market activity is unlikely to improve, and there are few new orders from companies.
The price of tungsten powder is RMB 377/kg, and the price of tungsten carbide powder is RMB 370/kg. The market has different views on the rise and fall. Alloy enterprises are looking for a balance between "maintaining profits" and "stabilizing market share". The purchase and sales attitude and inventory management are relatively cautious, and production is generally determined by sales.
The price of 70 ferrotungsten is RMB 258,000/ton. Under the influence of the overall cautious tone of the tungsten market, the on-site cost and supply and demand fluctuate less, and the short-term market is temporarily stable and wait-and-see.
The price of scrap tungsten has limited fluctuations under the current fundamental game pattern. The overall cautious and stable market atmosphere is the focus. Pay attention to the market trend of tungsten and cobalt raw materials.
Prices of Tungsten Products on June 26, 2025
Tungsten Price Trend from January to June 26, 2025
