Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices continue their steady upward trend, primarily driven by the combined effects of persistently tight supply and high production costs. Currently, high prices are somewhat suppressing market liquidity, leading to a cooling of overall trading sentiment. The market is cautiously trading based on immediate needs, continuing to focus on the guidance prices from major tungsten producers.
As of press time:
65% wolframite concentrate is priced at RMB 323,000/ton, up 125.9% from the beginning of the year.
65% scheelite concentrate is priced at RMB 322,000/ton, up 126.8% from the beginning of the year.
Ammonium paratungstate (APT) is priced at RMB 480,000/ton, up 127.5% from the beginning of the year.
European APT is priced at USD 673.75-705/mtu (equivalent to RMB 424,000-444,000/ton), up 108.9% from the beginning of the year.
Tungsten powder is priced at RMB 770/kg, up 143.7% from the beginning of the year.
Tungsten carbide powder is priced at RMB 740/kg, up 137.9% from the beginning of the year.
Cobalt powder is priced at RMB 510/kg, up 200% from the beginning of the year.
70% ferrotungsten is priced at RMB 438,000/ton, up 103.7% from the beginning of the year.
European ferrotungsten is priced at USD 92-94/kg W (equivalent to RMB 458,000-468,000/ton), up 111.4% from the beginning of the year.
Scrap tungsten rods are priced at RMB 470/kg, up 113.6% from the beginning of the year.
Scrap tungsten drill bits are priced at RMB 437/kg, up 91.7% from the beginning of the year.
Prices of Tungsten Products on November 18, 2025

Tungsten Price Trend from January to November 18, 2025
