Tungsten Prices in a Rise-Fall Dilemma - August 12, 2026

Analysis of Latest Tungsten Market from Chinatungsten Online

The domestic tungsten market continues to trade sideways. While trading activity has picked up slightly recently, it has yet to generate substantial support, and there is a lack of momentum driving prices. Transactions are primarily based on negotiations, with purchasing generally conducted on an as-needed basis.

In the tungsten concentrate market, suppliers are showing a strong determination to hold firm on prices, making low-priced material scarce. Prices for tungsten concentrate with a grade of 55% or higher remain stable above RMB 410,000/standard ton. Market liquidity remains relatively limited.

In the ammonium paratungstate (APT) market, a tug-of-war between bullish and bearish sentiments persists amidst the conflicting forces of cost support and demand-side pressure, with transaction prices remaining deadlocked near the RMB 600,000/ton mark.

In the tungsten powder market, buyers and sellers remain in a wait-and-see standoff. Although order volumes have increased slightly, price negotiations remain under pressure. The trading price for tungsten powder hovers around RMB 950/kg, while tungsten carbide powder is trading at approximately RMB 880/kg.

In the ferrotungsten market, the standoff between upstream and downstream sectors has resulted in low trading initiative and a sideways market trend. Quotes for 70% ferrotungsten remain stable at around RMB 660,000/ton.

In the tungsten scrap market, holders are reluctant to sell and are testing higher price points, but acceptance from the consumption and recycling sectors remains limited. The market faces difficulty moving decisively in either direction,esulting in narrow-range fluctuations.

Prices of Tungsten Products on August 12, 2026

Tungsten Price Trend from January to August 2026

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