
Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market remains strong, and the prices of major tungsten raw materials are at their highest point so far. The price of 65% wolframite concentrate is at RMB 175,000/ton, up 22.4% from the beginning of the year. Resource scarcity is the main driver of the market. Holders are reluctant to sell, downstream users have limited ability to bear the price of raw materials, and there is not much spot circulation in…