Tungsten Price Rise with Fluctuations in the First Half of 2025

In the first half of 2025, China’s tungsten price overall exhibited a composite trend of “fluctuating upward - hitting new highs - stage-wise corrections - high-level consolidation.” As for average prices, 65% black tungsten concentrate averaged 151,800 yuan/ton, increased by 12.78% year-on-year; ammonium paratungstate averaged 223,200 yuan/ton, increased by 12.16% year-on-year; tungsten powder averaged 332.99 yuan/kg, increased by 11.72% year-on-year; 70 ferrotungsten averaged 228,600 yuan/ton, increased by 16.45% year-on-year.

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