Tungsten Market Temporarily Stable - September 28, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices are temporarily stable, with suppliers showing limited willingness to sell at lower prices and buyers reluctant to accept high-priced goods. New orders are relatively low. While there is some demand for stocking up before the National Day holiday, cautious bargaining prevails. The tungsten market remains in a period of stalemate and weak stability.

The price of 65% wolframite concentrate is quoted at RMB 272,000/ton. Profit-taking is weighing on market trends, but resource scarcity supports a long-term upward trend, and the overall market weakness is relatively mild.

The price of ammonium paratungstate (APT) is quoted at RMB 395,000/ton. Smelters are cautiously trading amidst the stalemate, resulting in light market transactions, primarily driven by long-term orders.

Tungsten powder is quoted at RMB 630/kg, and tungsten carbide powder is quoted at RMB 615/kg. The market is cautiously negotiating on a case-by-case basis. While prices are stable, actual bargaining is under pressure, and alloy manufacturers continue to face dual challenges of cost and demand.

The price of 70% ferrotungsten is quoted at RMB 390,000/ton. Due to easing costs and cautious consumer sentiment, the overall market trend is slightly weaker.

The price of scrap tungsten rods is reported at RMB 385/kg. Amidst a cautious market for tungsten raw materials and rising cobalt prices, sentiment in the tungsten scrap market has returned to a more rational state, with a strong wait-and-see attitude.

Prices of Tungsten Products on September 28, 2025

Tungsten Price Trend from January to September 28, 2025

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