[Tungsten Ore Tender Update] SMM News on March 25: Due to specific factors, a tungsten concentrate tender sale originally scheduled for today by a miner in Yunnan will be postponed, and the specific bidding time has not yet been determined.

[SMM Tungsten Daily Review: Slight Price Collapse in the Scrap Tungsten Market, Ore and Upstream Smelting Products Consolidated Sideways] SMM News, March 23 In the short term, prices across the tungsten industry chain still showed divergence between primary and recycled materials. China was currently in a transition period marked by tightening supply on the raw ore side and a rising utilization rate of recycled materials. Smelters still needed some time to adjust their restocking practices and complete the adaptation and transition from a long-term contract pricing model led by the ore side to a scrap tungsten market procurement model featuring higher-frequency transactions and greater sensitivity to sentiment.

[SMM Tungsten Daily Review: Strong Wait-and-See Sentiment as the Tungsten Market Awaited Stabilization in Transactions] SMM News, March 18 Tungsten market prices were largely stable today, with only minor fluctuations, and the market showed strong wait-and-see sentiment. Trading volume in segments such as tungsten ore and APT was sparse, with transaction prices mostly hovering around the quoted price range. Transactions for downstream products such as powder were also limited, and transaction prices showed a slight downward trend.

SMM March 13: This week, China’s domestic tungsten market exhibited high-level oscillations with intensified supply-demand competition. Multiple mines put products up for auction during the week, but transactions were bleak.As of March 13, tungsten prices remained largely stable, yet market sentiment became extremely divided.

[Tungsten Industry News Flash] SMM, March 5: Ganzhou Tungsten Association’s forecast tungsten market prices for March 2026: 55% black tungsten ore concentrate at 900,000 yuan/standard tonne (65%WO3 basis), up 230,000 yuan/standard tonne MoM from February; ammonium paratungstate at 1.33 million yuan/mt, up 360,000 yuan/mt MoM; medium-grain tungsten powder at 2,200 yuan/kg, up 570 yuan/kg MoM.

SMM, February 27: After the Chinese New Year, the tungsten market got off to a good start, re-entering an accelerated uptrend and repeatedly hitting new highs.

Tungsten prices kept rising through the Chinese New Year. Europe saw higher quotes but few spot deals, with APT at $1,650+/mtu and ferro-tungsten hitting $205/kg. India’s scrap market stayed strong, with drill bits at $110/kg. In China, tight supply pushed APT long-term prices up by ¥200,000 to ¥1 million/t. Shortages persist, pointing to more post-holiday gains.

[SMM Tungsten Daily Review: Tungsten Market Rises on Long-Term Contract Price Increases Amid Pre-Holiday Shrinking Volume] SMM February 10 – Today, tungsten product prices maintained an overall upward trend. Approaching the Chinese New Year, factors such as production cuts at mines and stricter control over tax-exclusive business contributed to scarce circulation in the tungsten ore market, driving transaction prices up significantly. Last Friday, an enterprise in Luoyang auctioned 25% tungsten concentrate, with transaction prices concentrated in the range of 10,155–10,160 yuan/mtu. Shipments from other mines remained scarce ahead of the holiday.

After closing the first half of the year (H1) with a 21.89% increase, wolframite concentrate prices continued to rise overall in July.

According to customs data, China's total imports of tungsten ore and concentrate amounted to approximately 3,776.9 mt from January to April 2025, up 35.9% YoY. In terms of import source countries, 47% of the imported tungsten concentrate from January to April originated from Myanmar, and 13% from Mongolia.