China's Tungsten Market Stabilizes While Europe Sees Rising Prices - February 13 2026

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, China's tungsten market generally showed a trend of initial rise followed by stabilization. At the beginning of the week, the strong upward momentum since 2026 continued, supported by long-term quotation from major tungsten producers. Later, with the Spring Festival holiday approaching, market activity gradually weakened, and tungsten prices shifted from a rapid rise to a period of high-level consolidation.

International tungsten prices maintained strong upward momentum. This was due, on the one hand, to supply chain shortages. As the source of 80% of global tungsten resources, China's export controls and crackdowns on illegal mining, along with reduced production and logistics capacity during the Spring Festival, made it more difficult to procure raw materials overseas. Tungsten resource projects outside of China are unlikely to fill this supply gap in the short term. On the other hand, it was due to chasing price increases caused by the lag between international and domestic prices.

As of press time:

65% wolframite concentrate is priced at RMB 697,000/ton, up 51.5% from the beginning of the year.

65% scheelite concentrate is priced at RMB 696,000/ton, up 51.6% from the beginning of the year.

Ammonium paratungstate (APT) is priced at RMB 1,020,000/ton, up 52.2% from the beginning of the year.

European APT is priced at USD 1,200-1,550/mtu (equivalent to RMB 734,000-948,000/ton), up 49.5% from the beginning of the year.

Tungsten powder is priced at RMB 1,700/kg, up 57.4% from the beginning of the year.

Tungsten carbide powder is priced at RMB 1,650/kg, up 58.7% from the beginning of the year. 

Cobalt powder is priced at RMB 580/kg, up 11.5% from the beginning of the year.

70% ferrotungsten is priced at RMB 970,000/ton, up 49.2% from the beginning of the year.

European ferrotungsten is priced at USD 190-201/kg W (equivalent to 918,000-971,000/ton), up 42.2% from the beginning of the year.

Scrap tungsten rods are priced at RMB 870/kg, up 45.0% from the beginning of the year.

Scrap tungsten drill bits are priced at RMB 840/kg, up 45.8% from the beginning of the year.

Prices of Tungsten Products on February 13, 2026

Tungsten Price Trend from January 2025 to February 2026

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