Scrap Tungsten Carbide Rod Prices Rise - October 22, 2026

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices have remained temporarily stable, with some local markets probing higher, while the supply and demand sides have yet to fully synchronize in pace.

Selling reluctance has strengthened in the tungsten raw materials and scrap markets, with an increased willingness to push prices higher, making low-priced material harder to source. Although the consumption side has passively accepted the upward movement in raw material prices, procurement pace continues to reflect a cautious attitude.

The current market shift has been underway for less than a week. A time lag persists between upstream rebound willingness and downstream acceptance confidence. Matching orders and procurement sentiment for high-priced raw materials have not yet been fully released. Actual market transactions remain dominated by small-scale probing and matching, with order volumes and activity levels still awaiting further realization. Going forward, continuous monitoring of the sustainability of downstream restocking and the digestion progress of high-priced resources will be needed to assess whether upside space can be effectively opened.

Prices for 55% tungsten concentrate have consolidated in the range of RMB 300,000-320,000/standard ton. Expectations of long-term resource scarcity coexist with short-term liquidity pressures. The market maintains a cautious negotiation atmosphere, with buying and selling slightly deadlocked.

Mainstream negotiated prices for ammonium paratungstate (APT) stand at approximately RMB 460,000-500,000/ton. On the supply side, factory production cuts/suspensions and selling reluctance have led to a certain degree of tightening. On the demand side, concentrated purchasing by major enterprises has brought staged volume increases, yet actual end-use consumption remains cautious. Intention prices between buyers and sellers continue to show divergence.

Tungsten powder prices are running near RMB 720-750/kg, while tungsten carbide powder prices are holding around RMB 700-720/kg. Downstream application segments such as alloys and tungsten materials maintain a rational mindset, primarily engaging in exploratory inquiries and moderate restocking purchases. Market liquidity remains limited.

Scrap tungsten carbide rod prices have probed higher to around RMB 565/kg. Downstream factory orders remain relatively cautious, yet driven by the bottoming and rebound atmosphere in raw materials, speculative upward sentiment in the scrap market has been quite active, with low-priced material hard to find.

Prices of Tungsten Products on October 22, 2026

Tungsten Price Trend from January to October 2026

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