Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices continue their upward trend, with market optimism primarily stemming from tight supply and international geopolitical tensions. These factors have reinforced tungsten’s status as a key strategic metal and, to some extent, stimulated growth in non-consumer demand. Against this backdrop, downstream enterprises face significant cost pressures, exacerbating production and operational challenges. As the Spring Festival approaches, market logistics and trade activities are expected to gradually slow down; the impact of changes in holders’ sentiment on short-term fluctuations in the industry chain should be closely monitored.https://wxa.wxs.qq.com/tmpl/oz/base_tmpl.html
According to data from Chinatungsten Online, as of press time, tungsten concentrate prices reached RMB 530,000/ton, ammonium paratungstate prices surpassed RMB 780,000/ton, and tungsten powder prices exceeded RMB 1.25 million/ton.
- 65% wolframite concentrate is priced at RMB 530,000/ton, up 15.2% from the beginning of the year.
- 65% scheelite concentrate is priced at RMB 529,000/ton, up 15.3% from the beginning of the year.
- Ammonium paratungstate (APT) is priced at RMB 785,000/ton, up 17.2% from the beginning of the year.
- European APT is priced at USD 987-1050/mtu (equivalent to RMB 608,000-647,000/ton), up 10.7% from the beginning of the year.
- Tungsten powder is priced at RMB 1250/kg, up 15.7% from the beginning of the year.
- Tungsten carbide powder is priced at RMB 1210/kg, up 16.4% from the beginning of the year.
- Cobalt powder is priced at RMB 580/kg, up 11.5% from the beginning of the year.
- 70% ferrotungsten is priced at RMB 740,000/ton, up 13.9% from the beginning of the year.
- European ferrotungsten is priced at USD 140-145/kg W (equivalent to RMB 683,000-707,000/ton), up 3.6% from the beginning of the year.
- Scrap tungsten rods are priced at RMB 730/kg, up 21.7% from the beginning of the year.
- Scrap tungsten drill bits are priced at RMB 705/kg, up 21.6% from the beginning of the year.
