Latest Prices of Tungsten Concentrate and Tungsten Carbide Powder

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices have temporarily entered a sideways consolidation phase, and the tight support on the supply side of the market is still strong. The industry is watching the implementation of consumer demand, and the atmosphere of caution is strong. 

As the short holiday approaches, the willingness to purchase and stock up in the market is affected by the fear of heights, and the trading activity has further slowed down.

The psychological price of tungsten concentrate with a high WO3 content has reached RMB 150,000/ton. The view of tight market resources has boosted the offer, but the purchasing capacity of smelters is limited under the pressure of inverted prices. The actual orders are negotiated on demand, and the transaction volume is limited.

The price of ammonium paratungstate (APT) is RMB 218,000/ton. The market faces significant cost pressure and demand resistance. The profit margin of enterprises is poor, and the transaction volume is also lacking.

The price of tungsten powder is RMB 326/kg, and the price of tungsten carbide powder is RMB 321/kg. At present, the market is still in the basic pattern of supply and demand game and cost-driven. The market is stalemate and the trading heat is poor.

The price of 70 ferrotungsten is RMB 223,000/ton. The domestic market is supported by high costs, and the international market is driven by supply chain concerns. The recent market is easy to rise but difficult to fall, and trading is promoted according to demand.

The price of scrap tungsten is temporarily stable. Holders are reluctant to sell and hope for price increases, while buyers are unwilling to chase the price increases. There are differences in the market and transactions are deadlocked.

Prices of Tungsten Products on April 27, 2025

Picture of Ferrotungsten