The tungsten market has witnessed a rapid and powerful price surge since the return to work after the Spring Festival, sparking strong speculative sentiment and major disruptions in pricing dynamics. Spot quotes at much higher levels have appeared, yet actual supply remains very limited. Sellers are increasingly holding inventory in anticipation of even higher prices, while buyers are adopting a wait-and-see approach due to rising cost pressures.
📊 Latest Price Table — Tungsten Products (2026)
| Product | Current Price | % Increase from Start of Year |
|---|---|---|
| 65% Wolframite Concentrate | RMB 790,000/ton | +71.7% |
| 65% Scheelite Concentrate | RMB 789,000/ton | +71.9% |
| APT (Ammonium Paratungstate) | RMB 1,170,000/ton | +74.6% |
| European APT | USD 1650–1900/mtu (≈ RMB 1,000,000–1,151,000/ton) | +92.9% |
| Tungsten Powder | RMB 1,880/kg | +74.1% |
| Tungsten Carbide Powder | RMB 1,820/kg | +76.0% |
| Cobalt Powder | RMB 580/kg | +11.5% |
| 70% Ferrotungsten | RMB 1,100,000/ton | +69.2% |
| European Ferrotungsten | USD 206–220/kg W (≈ RMB 987,000–1,054,000/ton) | +54.9% |
| Scrap Tungsten Rods | RMB 1,040/kg | +73.3% |
| Scrap Tungsten Drill Bits | RMB 1,020/kg | +75.9% |
📈 Why Prices Are Soaring
Limited Supply + Speculative Holding
Despite frequent high-priced quotations, actual available stock is scarce. Many holders are reluctant to sell, aiming to capitalize on expected further increases.
Weak Market Liquidity
Trading remains sluggish. Most transactions are limited to small immediate orders or post-holiday restocking, as cost pressures force cautious buying behavior.
Intensifying Chain Competition
With downstream users hesitant and supply tight, competition within the chain has increased noticeably, compressing margins for buyers who delay their purchasing decisions.
Market Insight — Key Trends
Ammonium Paratungstate (APT) prices are trading above RMB 1 million/ton — nearly doubling compared to the early year baseline. 
Tungsten powder and tungsten carbide powder prices surpassed RMB 1,800/kg, pushing raw material costs sharply higher for manufacturers. 
Ferrotungsten and scrap tungsten segments have also seen substantial year-to-date hikes, prolonging supply chain cost pressures.
📉 What This Means for Industrial Buyers
If your business relies on tungsten materials — including powders, concentrates, carbide compounds, or ferrotungsten — waiting to source material at the right time may lead to:
➡ Higher procurement costs
➡ Longer lead times
➡ Lower production flexibility
➡ Shrinking profit margins
This is particularly true for critical industries such as:
✔ Machining & tooling
✔ Aerospace parts
✔ Automotive components
✔ Specialty industrial alloys
📌 Don’t Wait — Secure Your Orders NOW
With tungsten prices on an upward trajectory and supply remaining scarce, securing supply early is the smartest business decision you can make this year.
📞 CONTACT US TODAY
We offer high-quality tungsten and molybdenum materials, including but not limited to:
✔ Wolframite & scheelite concentrate
✔ APT & tungsten powder
✔ Tungsten carbide powder
✔ Ferrotungsten & scrap materials
👉 WhatsApp: +86-17714075018
👉 Email: eve@huanatools.com
Our professional team stands ready to provide tailored pricing, delivery schedules, and volume options based on your business requirements.
📊 Tailored Solutions with 30+ Years of Experience
CTIA GROUP has been serving the global industrial metals market for decades. Our expertise ensures:
✔ Fast response and competitive quotes
✔ Flexible delivery plans
✔ Customized material specifications
✔ Reliable post-sales support
📌 Final Word — Act Before Prices Rise Further
The tungsten market environment is fluid and bullish. Delaying your orders could mean:
💥 Paying significantly higher prices later
💥 Missing out on material allocation
💥 Production setbacks due to limited availability
Protect your cost and supply chain — contact us now on WhatsApp or by email!
