Monthly Tungsten Market Report Jan 2026
2026-02-12 15:29:08 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
In January, Chinese tungsten prices maintained its rapid upward trend. Due to tight raw material supply at year-end, suppliers showed strong holding sentiment, leading to continuously rising quotations, and the downstream followed cautiously. The prices of tungsten concentrate, APT, and tungsten powder increased. While trading in the downstream cemented carbide market remained inactive, overall prices trended upward driven by rising raw material costs. In the export market, sustained increases in raw material prices drove rapid price hikes for exports.
Despite cautious purchasing from international buyers against the backdrop of high prices and persistently weak overall market transactions, international tungsten prices maintained a slow upward given limited raw material supply.
In January, Chinese tungsten prices maintained its rapid upward trend. Due to tight raw material supply at year-end, suppliers showed strong holding sentiment, leading to continuously rising quotations, and the downstream followed cautiously. The prices of tungsten concentrate, APT, and tungsten powder increased. While trading in the downstream cemented carbide market remained inactive, overall prices trended upward driven by rising raw material costs. In the export market, sustained increases in raw material prices drove rapid price hikes for exports.
Despite cautious purchasing from international buyers against the backdrop of high prices and persistently weak overall market transactions, international tungsten prices maintained a slow upward given limited raw material supply.
