Tungsten Powder and Cobalt Powder Prices Strengthen - August 5, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online 

Despite some profit-taking in the tungsten market, sellers remain firm in their offers, with little willingness to sell at lower prices, resulting in mixed market conditions.

In the tungsten concentrate market, high-grade resource prices are consolidating around RMB 195,000/ton. Tight supply continues to support the market, fostering a bullish outlook. Buyers are cautiously accepting orders based on demand, resulting in limited actual market transactions.

In the ammonium paratungstate (APT) market, smelter quotes remain at RMB 285,000/ton. Market pressures from both cost and demand persist, leading to cautious on-demand trading and limited overall liquidity. Pay attention to the prices of long-term orders placed by tungsten companies.

Tungsten powder is priced at approximately RMB 435/kg, while tungsten carbide powder is priced at RMB 425/kg. Affected by fluctuations in tungsten and cobalt raw material costs, powder metallurgy companies are generally adopting a "negotiable on a case-by-case basis" strategy, cautiously responding to market fluctuations. Currently, trading activity is relatively subdued.

The price of 70% ferrotungsten is currently stable at RMB 290,000/ton, and the market sentiment has recently become more rational. Driven by the strong international market, market outlook is cautiously optimistic.

In the tungsten scrap market, confidence is divided, with profit-taking and a reluctance to sell coexisting. Market trading activity is limited, and a wait-and-see attitude is predominant.

Prices of Tungsten Products on August 5, 2025

Picture of Tungsten Alloy Tubes