A Historic Moment! APT Price Breaks RMB 300000 Mark

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, the tungsten market reached a milestone that will go down in the annals of tungsten industry history!  Tungsten ore prices surged past the RMB 200,000/ton mark, APT prices reached the RMB 300,000/ton threshold, and tungsten powder prices soared to the RMB 450,000/ton level.

As of the time of publication:

65% wolframite concentrate was priced at RMB 203,000/ton, up 3.6% week-on-week and 42% higher than the start of the year.

65% scheelite concentrate was priced at RMB 202,000/ton, up 3.6% week-on-week and 42.3% higher than the start of the year.

Ammonium paratungstate (APT) was priced at RMB 300,000/ton, up 4.2% week-on-week and 42.2% higher than the start of the year.

European APT prices ranged from USD 485-503/mtu (equivalent to RMB 308,000-319,000/ton), up 1.9% week-on-week and 49.7% higher than the start of the year.

Tungsten powder was priced at RMB 450/kg, up 3.2% week-on-week and 42.4% higher than the start of the year.

Tungsten carbide powder was priced at RMB 440/kg, up 3.3% week-on-week and 41.5% higher than the start of the year.

70% ferrotungsten was priced at RMB 305,000/ton, up 3.4% week-on-week and 41.9% higher than the start of the year.

European ferrotungsten prices ranged from USD 66.5-67.5/kg W (equivalent to RMB 334,000-339,000/ton), up 2.3% week-on-week and 52.3% higher than the start of the year.

Scrap tungsten bar prices were reported at RMB 335/kg, up 4% week-on-week and 52.3% higher than the start of the year.

A surge in tungsten prices has swept through the market, with mixed fortunes across the industry chain. Upstream mining companies are reaping the benefits of higher prices, with profit margins rising significantly. Midstream smelting enterprises face cost inversions, making quoting and order acceptance precarious. Downstream cemented carbide companies, lacking raw material reserves, are grappling with high costs, shrinking demand, and intense homogeneous competition. The current tungsten market is a mix of value and speculation, with poor price transmission, cautious sentiment among industry players, and sluggish market transactions.

Prices of Tungsten Products on August 15, 2025

Tungsten Price Trend from January to August 15, 2025

• < Prev
• Next >