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Price of Tungsten Products on Jan. 30 2026

In January 2026, the Chinese tungsten market saw a strong start, with prices for key products—including tungsten concentrate, ammonium paratungstate (APT), tungsten powder, and tungsten carbide powder—rising steadily, averaging 1.5% daily. Supply constraints, rigid demand from high-tech and traditional industries, and tungsten’s strategic value amid global supply chain risks drove the bullish trend. Recent volatility in gold and silver highlights market sensitivity, while the approaching Spring Festival suggests a slowdown in trading. Market participants are closely watching supplier holding strategies and profit-taking behavior.