Analysis of Latest Tungsten Market from China tungsten Online

On Monday, tungsten prices generally trended slightly upward, but market transactions remained sluggish. Recent tungsten ore auction results were relatively favorable, further bolstering miners' willingness to hold inventory and support the market. Downstream end-user feedback remained cautious, with prices passively adjusted according to demand and costs. The tungsten scrap market saw some recovery in sentiment, with a reduced willingness to sell at lower prices. Currently, the tungsten market remains in a stalemate between supply and demand, with limited market liquidity. Industry insiders are generally focused on the long-term contract pricing guidance from major tungsten companies for the second half of the month.As of press time,65% black tungsten concentrate was priced at RMB 320,000/ton, up 123.8% from the beginning of the year.

65% white tungsten concentrate was priced at RMB 319,000/ton, up 124.7% from the beginning of the year.Ammonium paratungstate (APT) was priced at RMB 478,000/ton, up 126.5% from the beginning of the year.European APT prices are reported at USD 673.75-705/mtu (equivalent to RMB 423,000-443,000/ton), up 108.9% from the beginning of the year.Tungsten powder prices are reported at RMB 760/kg, up 140.5% from the beginning of the year.Tungsten Carbide powder prices are reported at RMB 730/kg, up 134.7% from the beginning of the year.Cobalt powder prices are reported at RMB 510/kg, up 200% from the beginning of the year.

Here below is the price of tungsten products Chinatungsten Online Nov.17,2025, 

And the Tungsten Products Price Trend, Jan-Oct  2025