Tungsten Product Prices Rise - June 2, 2026

Analysis of Latest Tungsten Market from Chinatungsten Online

What Factors Are Influencing Recent Tungsten Prices?

65% wolframite concentrate: RMB 450,000/ton, a 57.1% decrease from its peak and a 2.2% drop from the beginning of the year.

65% scheelite concentrate: RMB 449,000/ton, down 57.2% from its peak and down 2.2% in 2026.

Ammonium paratungstate (APT): RMB 730,000/ton, down 52.0% from its peak but up 9.0% in 2026.

European APT: USD 2,900-3,180/mtu (equivalent to RMB 1.736-1.903 million/ton), down 3.2% from its peak but up 230.4% in 2026.

Tungsten powder: RMB 1,150/kg, down 52.1% from its peak but up 6.5% in 2026.

Tungsten carbide powder: RMB 1,100/kg, down 53.0% from its peak but up 5.8% in 2026.

Cobalt powder: RMB 560/kg, down 3.5% from its high but up 7.7% in 2026.

70% ferrotungsten: RMB 740,000/ton, down 47.9% from its peak but up 13.9% in 2026.

European ferrotungsten: USD 210-250/kg W (equivalent to RMB 994,000-1,184,000/ton), down 29.2% from its peak but up 67.3% in 2026.

Scrap tungsten carbide rod: RMB 730/kg, down 46.7% from its peak but up 21.7% in 2026.

Scrap tungsten carbide drill bit: RMB 680/kg, down 50.4% from its peak but up 17.2% in 2026.

Prices of Tungsten Products on June 3, 2026

Tungsten Price Trend from January 2025 to June 2026

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