Analysis of Latest Tungsten Market from Chinatungsten Online
The new round of tungsten industry institutions and tungsten companies have moderately raised their quotations, boosting market sentiment. Tungsten raw material prices have once again reached a high level, and tungsten ore prices have reached RMB 175,000/ton (up 22.4% from the beginning of the year). Although some traders and downstream companies have replenished their inventories on a small scale, the overall purchasing rhythm is still cautious and prices are negotiated on demand. The market supply and demand are still in a stalemate, and the actual trading activity is limited, especially at high levels. In the short term, the driving force for large fluctuations in the tungsten market is insufficient, and the game between supply and demand has intensified. The industry has maintained a rational wait-and-see attitude and closely followed the changes in fundamentals and policy trends.
Prices of Tungsten Products on July 8, 2025
Picture of Tungsten Needles
