European APT Price Has Risen 30% This Year

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices are temporarily stable, and there are differences in market judgment on whether the future market will continue to rise or be interrupted. 

At present, the supplier's willingness to control goods is still strong, and the demand side's purchasing enthusiasm is insufficient. The price fluctuation space of tungsten products is limited. Under the cautious game mood of the industrial chain, the market trading atmosphere is still dull.

In the tungsten concentrate market, the market trend is still relatively strong under the supply-side constraints, and the high-grade quotation remains at RMB 173,000/ton. Local traders have the intention to continue to push up, but the transaction is not active.

In the ammonium paratungstate market, the high cost of raw materials is the main supporting factor. The APT price is RMB 253,000/ton, the market shipment is blocked, and the smelter's profit is under pressure.

In the tungsten powder market, merchants passively raise their quotations, downstream terminals purchase cautiously, and the market is not active enough. The price of tungsten powder is temporarily reported at RMB 378/kg, and the price of tungsten carbide powder is reported at RMB 373/kg.

In the ferrotungsten market, driven by the cost side, the price of FeW70 has reached RMB 258,000/ton, and the downstream terminals mainly purchase on demand, and the market is cautious and wait-and-see.

In the scrap tungsten market, the willingness of holders to realize profits has increased, but the recycling price is still constrained by the raw material market, and the overall fluctuation range is limited. The market is waiting and waiting for clearer direction signals.

In the international market, as of press time, the price of European tungsten iron is USD 50-51/kg W, up nearly 15% from the beginning of the year; European APT is USD 410-450/MTU, up about 30% from the beginning of the year.

Prices of Tungsten Products on June 10, 2025

Tungsten Price Trend from January to June 10, 2025