Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices fluctuated on Monday, with the primary and recycled material markets showing divergent performance. The tungsten raw material market remained under pressure due to sluggish consumption, with trading primarily driven by immediate needs and overall transactions remaining weak. The tungsten waste and scrap market showed signs of bottoming out and rebounding as holders were unwilling to sell at lower prices; however, concerns about the sluggish raw material market and actual consumption capacity persisted, leading to quick turnover in transactions.
As of press time,
65% wolframite concentrate was priced at RMB 680,000/ton, down 35.2% from its high, but up 47.8% from the beginning of the year.
65% scheelite concentrate was priced at RMB 679,000/ton, down 35.3% from its high, but up 47.9% from the beginning of the year.
Ammonium paratungstate (APT) was priced at 1,020,000/ton, down 32.9% from its high, but up 52.2% from the beginning of the year.
European APTwas priced at USD 3,000-3,280/mtu (equivalent to RMB 1.805-1.973 million/ton), up 241.3% from the beginning of the year.
Tungsten powder was priced at RMB 1,800/kg, down 25.0% from its peak, but up 66.7% from the beginning of the year.
Tungsten carbide powder was priced at RMB 1,730/kg, down 26.1% from its peak, but up 66.4% from the beginning of the year.
Cobalt powder was priced at RMB 575/kg, down 0.9% from its peak, but up 10.6% from the beginning of the year.
70% ferrotungsten was priced at RMB 1,000,000/ton, down 29.6% from its peak, but up 53.9% from the beginning of the year.
European ferrotungsten was priced at USD 270-290/kg W (equivalent to RMB 1.285-1.38 million/ton), down 13.9% from its peak, but up 103.6% from the beginning of the year.
Scrap tungsten rods were priced at RMB 710/kg, down 48.2% from its peak, but up 18.3% from the beginning of the year.
Scrap tungsten drill bits were priced at RMB 660/kg, down 51.8% from its peak, but up 13.8% from the beginning of the year.
Prices of Tungsten Products on May 11, 2026
Tungsten Price Trend from January 2025 to May 2026
