Analysis of Latest Tungsten Market from China marketing
Yesterday, a leading tungsten enterprise in Jiangxi released a new long-term procurement offer that exceeded mainstream market expectations. This move boosted market confidence and triggered a general rise in tungsten product prices.
With more than 30 years of industry expertise, Chinatungsten Online points out that the sharp and fast-paced tungsten price fluctuations over the past year have completely reshaped the market’s traditional trading logic and operational rhythm. It has also fundamentally altered participants’ mindset toward spot trading and inventory strategies.
A prominent feature of today’s tungsten market is its extremely compressed transaction cycle: orders are frequently placed and finalized on the same day, or even within hours. Time-zone differences have even become a barrier for some deals. In such a volatile market, the old practice of inquiring, holding back, and delaying decisions now often leads directly to higher procurement costs and greater risks.
This shift means trading must be real, urgent, and timely. Market sentiment has grown increasingly cautious amid high prices. Most actual transactions are concentrated among a small number of buyers with immediate demand and strong cash flow, while medium and small traders as well as hesitant purchasers remain on the sidelines due to price concerns.
Here’s a polished, professional rephrasing of the data section (same meaning, different expression):
As of the latest update:
• 65% wolframite concentrate stands at RMB 735,000 per ton, representing a 59.8% increase since the start of the year.
• 65% scheelite concentrate is quoted at RMB 734,000 per ton, rising 59.9% year-to-date.
• Ammonium paratungstate (APT) is priced at RMB 1.1 million per ton, up 64.2% from the beginning of the year.
• European APT is traded at USD 1,650–1,900/mtu (roughly RMB 1.007–1.16 million per ton), surging 92.9% since January.
• Tungsten powder is valued at RMB 1,800 per kg, with a 66.7% year-to-date increase.
• Tungsten carbide powder is quoted at RMB 1,750 per kg, climbing 68.3% since the start of the year.
• Cobalt powder is priced at RMB 580 per kg, up 11.5% year-to-date.
• 70% ferrotungsten is at RMB 1.03 million per ton, rising 58.5% since the beginning of the year.
• European ferrotungsten is traded at USD 200–210/kg W (equivalent to RMB 966,000–1,014,000 per ton), increasing 49.1% year-to-date.
• Scrap tungsten rods are quoted at RMB 920 per kg, up 53.3% since January.
• Scrap tungsten drill bits are priced at RMB 900 per kg, rising 55.2% from the start of the year.
Post time: Feb-25-2026