APT and Tungsten Powder Prices Soar - August 14, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continue to strengthen. Suppliers are raising their quotations, putting pressure on downstream companies to follow suit. They are less enthusiastic about purchasing high-priced raw materials, and orders outside of rigid demand are few. The overall tungsten market is dominated by a wait-and-see and bargaining mentality, with companies cautious in their purchases and sales.

The price of 65% wolframite concentrate is reported at RMB 201,000/ton, up 40.6% from the beginning of the year.

The price of 65% scheelite concentrate is reported at RMB 200,000/ton, up 40.9% from the beginning of the year.

Miners hold pricing power, and the tight supply and rising prices continue, but buyer sentiment remains subdued.

Ammonium paratungstate (APT) is reported at RMB 296,000/ton, up 40.3% from the beginning of the year.

The European price of APT is USD 485-503/mtu (RMB 308,000-319,000/ton), up 49.7% from the beginning of the year.

Upstream mineral prices continue to rise, forcing smelters to follow suit. However, market consumption momentum also weakened, leading to sluggish market liquidity.

Tungsten powder prices were reported at RMB 445/kg, up 40.8% from the beginning of the year.

Tungsten carbide powder prices were reported at RMB 435/kg, up 39.9% from the beginning of the year.

Powder metallurgy companies maintained a one-order-negotiated strategy. Market transactions were slow under the dual pressures of high costs and sluggish orders.

70 ferrotungsten prices were reported at RMB 303,000/ton, up 40.9% from the beginning of the year.

European ferrotungsten prices were reported at USD 66.5-67.5/kg W (RMB 334,000-339,000/ton), up 52.3% from the beginning of the year.

High costs, necessary demand from steel mills, and strong international prices supported stable ferrotungsten manufacturer prices.

The price of scrap tungsten bar was reported at RMB 330/kg, up 50% from the beginning of the year.

The price fluctuations in the tungsten scrap market closely follow the pace of virgin materials. The mentality of the industry is complex. Some are unwilling to sell and wait for prices to rise again, while others are cashing in on their profits. Market transactions are mostly based on quick in and quick out.

Prices of Tungsten Products on August 14, 2025

Tungsten Price Trend from January to August 14, 2025

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