Tungsten Prices Experience a Slight Periodic Decline - June 16, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices show a periodic correction feature, and the profit-taking sentiment of holders and the increase in price-cutting inquiries from buyers have increased, so the overall downward adjustment transaction has increased slightly. 

However, due to the outstanding contradiction between the support of the raw material end and the cautious mining on the consumer end, the market actual order transaction volume is not large, and the transaction price fluctuation is limited.

The tungsten ore market shows strong resilience. Objective facts such as the reduction of ore grade, the total mining volume control, and the increase in the demand for strategic resource reserves still exist, and the market resource volume has not changed significantly. Suppliers are still reluctant to sell to support the market, so the market adjustment space is limited, and the price of 65% black tungsten concentrate is reported at RMB 172,000/ton.

Tungsten smelting and powder enterprises are still under great pressure. The raw material end is unwilling to make concessions, the consumer end does not actively purchase, and the export order cycle is greatly extended due to regulatory policies. The overall market trading rhythm is slow, the confidence of manufacturers is divided, and the price fluctuates with the market. Recently, the market has loosened slightly due to the cashing sentiment. The price of ammonium paratungstate (APT) is RMB 252,000/ton, the price of tungsten powder is RMB 378/kg, and the price of tungsten carbide powder is RMB 372/kg.

The alloy market is relatively quiet. Due to the rising pressure of raw material costs and the lack of follow-up of terminal consumption, the overall market order volume has shrunk, and the implementation of the price increase letter for alloy products is somewhat difficult. Under this circumstance, enterprises remain cautious about inventory management, and the market purchases as needed. 

Prices of Tungsten Products on June 16, 2025

Tungsten Price Trend from January to June 16, 2025

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