Analysis of Latest Tungsten Market from Chinatungsten Online
Tungsten prices are stable, the raw material side is still strong, the demand side is relatively weak, the market maintains the rule of trading on demand, the transaction atmosphere is deadlocked, and a new round of large enterprises are waiting for quotations.
The price of 65% black tungsten concentrate is RMB 173,500/ton. After the market experienced a brief correction in June, the bullish sentiment has warmed up recently, but downstream consumption is generally based on rigid demand, the industry maintains a wait-and-see attitude, and the market trading rhythm is slow.
The price of ammonium paratungstate (APT) is RMB 253,000/ton. The export channel has not yet recovered, domestic demand is still weak, and market consumption expectations are limited, but the strong atmosphere on the raw material side provides strong cost support for the market, and the price of tungsten smelting products is temporarily stable at a high level.
The price of tungsten powder is RMB 378/kg, and the price of tungsten carbide powder is RMB 370/kg. The inventory of alloys and their downstream enterprises has been slightly consumed, and they are replenished on demand. A cautious strategy is maintained under the market supply and demand game situation, and the transaction market is temporarily stable.
The price of 70 ferrotungsten is RMB 258,000/ton. The market trading rhythm is relatively stable, and the off-season atmosphere has emerged recently, but the cost support is solid and the market is mainly stable.
Driven by the strong atmosphere on the raw material side and the moderate increase in replenishment demand after the downstream inventory is consumed, the recent transaction activity and transaction center of gravity of the scrap tungsten market have slightly moved up.
Prices of Tungsten Products on July 3, 2025
Picture of Tungsten Copper Electrodes
