Tungsten Concentrate Prices Approaching RMB 500,000/ton - January 13, 2026

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continued their strong upward trend, primarily supported by substantial supply constraints, strategic value reassessment, and speculative sentiment.

In the tungsten concentrate market, the strategic resource premium led to widespread bullish sentiment among holders, resulting in tight supply and prices continuing to lead the industry chain.

65% wolframite concentrate was priced at RMB 498,000/ton.

65% scheelite concentrate was priced at RMB 497,000/ton.

In the ammonium paratungstate (APT) market, prices remained firm due to tight raw material resources and rising costs; limited spot sales were influenced by export controls and downstream concerns about high prices.

Chinese APT was priced at RMB 725,000/ton.

European APT was priced at USD 950-987/mtu (equivalent to RMB 587,000-609,000/ton).

In the tungsten powder market, with rising costs and shrinking supply, market participants are generally cautious, exhibiting low buying and selling activity, with prices negotiated on a case-by-case basis.

Tungsten powder was priced at RMB 1170/kg.

Tungsten carbide powder was priced at RMB 1130/kg.

Cobalt powder was priced at RMB 570/kg.

In the ferrotungsten market, fluctuations in supply and costs have boosted prices, while demand has been relatively limited. The market is adjusting appropriately in line with the pace of the industry chain.

70% ferrotungsten was priced at RMB 690,000/ton.

European ferrotungsten was priced at USD 133-142/kg W (equivalent to RMB 649,000-693,000/ton).

In the tungsten waste and scrap market, high tungsten prices have boosted the atmosphere in the recycling and regeneration sector, but due to market uncertainty and financial pressures, actual price negotiations remain cautious, limiting overall transaction activity.

Scrap tungsten rods were priced at RMB 700/kg.

Scrap tungsten drill bits were priced at RMB 680/kg.

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Prices of Tungsten Products on January. 13, 2026

Tungsten Price Trend from January 2025 to January 2026

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