2025-08-26
The unprecedented surge in the tungsten market continues!
In the tungsten concentrate market, strict safety regulations and tight supply expectations as September 3rd approaches have led to a continued bullish sentiment. However, downstream supply pressure is high, and the market price transmission mechanism is unbalanced.
The price of 65% wolframite concentrate is reported at RMB 233,000/ton, a 62.9% increase from the beginning of the year.
The price of 65% scheelite concentrate is reported at RMB 232,000/ton, a 63.4% increase from the beginning of the year.
In the ammonium paratungstate (APT) market, amidst rising tungsten raw material prices, suppliers are holding onto inventory in anticipation of price increases. APT is in short supply, prices are surging, market uncertainty is high, and overall liquidity is weak.
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