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After blowing away the wild sand, tungsten powder prices have surged past the 1.2 million mark! — Heijingang Report
2026 Year 1 Moon 15 A List of Daily Tungsten Prices
Tungsten Market Outlook as of January 15, 2026
Tungsten prices remain firm, as continued supply-side constraints continue to provide fundamental support to the market and interact with sellers’ reluctance to sell, anticipating further price increases. However, high costs are restraining the pace of downstream demand release, resulting in insufficient trading activity and overall poor liquidity. Buyers are adopting a cautious approach to stockpiling ahead of the Spring Festival.
The tungsten scrap market is characterized by a pronounced stalemate. Recyclers show limited willingness to accept high-priced supplies, while suppliers exhibit divergent attitudes: some are reluctant to sell, hoping for even higher returns, while others are cashing in at higher prices to lock in profits. Coupled with the festive atmosphere and rising product prices, the market is facing increased financial pressure, and trading sentiment remains highly volatile, leading to frequent fluctuations in prices.
Notably, against the backdrop of heightened geopolitical and economic uncertainty worldwide, countries continue to tighten their regulatory oversight of critical mineral resources. This not only affects the supply chains of related metals but also introduces potential cost variables and trade-policy uncertainties into the market dynamics of the strategic resource tungsten and its downstream alloy products. For instance, the Democratic Republic of the Congo has already implemented export quota controls and imposed tariffs on cobalt. 10% mining royalty fees; Indonesia plans to... 2026 Annual nickel production target lowered to 2.5–2.6 hundred million tons, compared to 2025 of the year 3.79 Approximately 100 million tons reduced. 31%-34% 。
As of press time,
65% Black tungsten concentrate price report 50.5 Ten thousand yuan / Metric ton.
65% Tungsten concentrate price report 50.4 Ten thousand yuan / Metric ton.
Ammonium paratungstate ( APT ) Price quote 74.5 Ten thousand yuan / Ton.
Europe APT Price quote 950-987 U.S. dollar / Tonnage (converted to RMB) 58.6–60.9 Ten thousand yuan / ton).
Tungsten powder price report 1200 Yuan / Kilogram.
Tungsten carbide powder price quote 1160 Yuan / Kilogram.
Cobalt powder price report 580 Yuan / Kilogram.
70 Tungsten iron price report 71 Ten thousand yuan / Ton.
European ferrotungsten price report 133-142 U.S. dollar / Kilograms of tungsten (converted to RMB) 64.9–69.3 Ten thousand yuan / ton).
Tungsten rod scrap price quote 710 Yuan / Kilogram.
Waste tungsten drill bit price quote 690 Yuan / Kilogram.
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