Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices continue to soar with unstoppable momentum, increasingly detached from fundamental support, reflecting a market revaluation of critical mineral resources and heightened speculative fervor.
The surge in raw material prices has brought tremendous operational pressure to downstream tungsten material, cemented carbide, and tungsten alloy enterprises. Costs for these companies have skyrocketed, but in the short term, it is difficult to effectively pass these increases on to end users. Under this high-pressure environment, industry consolidation is accelerating, with resources and clients gravitating toward advantaged enterprises with superior technology, capital, or resource control. Meanwhile, companies with weaker competitiveness or lower risk resilience face significantly accumulating operational risks, with some even forced to exit the market.
As of press time,
65% wolframite concentrate price was RMB 210,000/ton, up 46.9% from the beginning of the year.
65% scheelite concentrate price was RMB 209,000/ton, up 47.2% from the beginning of the year.
Ammonium paratungstate (APT) price was RMB 310,000/ton, up 46.9% from the beginning of the year.
Tungsten powder price was RMB 465/kg, up 47.2% from the beginning of the year.
The price of tungsten carbide powder was RMB 455/kg, up 46.3% from the beginning of the year.
The price of 70 ferrotungsten was RMB 315,000/ton, up 46.5% from the beginning of the year.
The price of scrap tungsten rod was RMB 355/kg, up 61.4% from the beginning of the year.
Prices of Tungsten Products on August 19, 2025
Tungsten Price Trend from January to August 19, 2025
