On 30th Dec 2025 ,Tungsten prices saw a slight pullback. Tightening liquidity and the holiday season led to some speculative selling and profit-taking.
However, the fundamental supply-demand balance and the expectation of strategic resource appreciation have not changed. With the 2025 trading year nearing its end and companies' annual settlements approaching, the downside for the market is relatively limited.
As of press time,
65% wolframite concentrate was priced at RMB 460,000/ton, down 0.4% from its high, but up 221.7% from the beginning of the year.
65% scheelite concentrate was priced at RMB 459,000/ton, down 0.4% from its high, but up 223.2% from the beginning of the year.
Ammonium paratungstate (APT) was priced at RMB 675,000/ton, down 0.7% from its high, but up 219.9% from the beginning of the year.
European APT was priced at USD 825-900/mtu (equivalent to RMB 512,000-558,000/ton), up 161.4% from the beginning of the year.
Tungsten powder was priced at RMB 1080/kg, up 241.8% from the beginning of the year.
Tungsten carbide powder was priced at RMB 1040/kg, up 234.4% from the beginning of the year.
Cobalt powder was priced at RMB 515/kg, up 202.9% from the beginning of the year.
70% ferrotungsten was priced at RMB 655,000/ton, down 0.8% from its peak, but up 202.3% from the beginning of the year.
European ferrotungsten was priced at USD 133-142/kg W (equivalent to RMB 652,000-697,000/ton), up 212.5% from the beginning of the year.
Scrap tungsten rods were priced at RMB 610/kg, down 7.6% from its peak, but up 177.36% from the beginning of the year.
Scrap tungsten drill bits were reported at 590/kg, down 5.6% from its high, but up 158.8% from the beginning of the year.
Please contact us if you are interested in tungsten carbide spare parts.
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