Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices declined this week, with the drop significantly larger than in the previous period. Tungsten raw material prices fell by 25% week-on-week, and have cumulatively fallen by 50% from their historical peak in mid-March. Prices of some low-priced resources have already retreated to levels seen at the end of 2025.
As of press time,
65% wolframite concentrate was priced at RMB 490,000/ton, down 27.9% week-on-week and up 6.5% from the beginning of the year.
65% scheelite concentrate was priced at RMB 489,000/ton, down 28.0% week-on-week and up 6.4% from the beginning of the year.
Ammonium paratungstate (APT) was priced at RMB 770,000/ton, down 24.5% week-on-week and up 14.9% year-on-year.
European APT was priced at USD 3,000-3,280/mtu (equivalent to RMB 1.805-1.973 million/ton), unchanged week-on-week and up 241.3% year-on-year.
Tungsten powder was priced at RMB 1,550/kg, down 17.1% week-on-week and up 43.5% year-on-year.
Tungsten carbide powder was priced at RMB 1,480/kg, down 17.8% week-on-week and up 42.3% year-on-year.
Cobalt powder was priced at RMB 570/kg, down 1.7% week-on-week and up 9.6% year-on-year.
70% ferrotungsten was priced at RMB 800,000/ton, down 22.3% week-on-week and up 23.1% year-on-year.
European ferrotungsten was priced at USD 270-275/kg of tungsten (equivalent to RMB 1.285-1.308 million per ton), down 4.1% week-on-week and up 98.2% year-to-date.
Scrap tungsten rods were priced at RMB 700/kg, up 2.9% week-on-week and up 16.7% year-to-date.
Scrap tungsten drill bits were priced at RMB 650/kg, up 3.2% week-on-week and up 12.1% year-to-date.
Prices of Tungsten Products on May 15, 2026
Tungsten Price Trend from January 2025 to May 2026
