Monthly Tungsten Market Report Feb 2026
2026-03-17 08:36:25 【Print】
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Content
1. Market Highlights 2
2. Economy and Policy 2
2.1 Elementos sees increase tungsten resources at Cleveland Tin Project 2
2.2 China's nonferrous metals industry sees strong profit growth in 2025 2
2.3 China puts 20 Japanese entities on dual-use export control watch list 2
2.4 China adds 20 Japanese entities to export control list to curb remilitarization 3
2.5 Zimbabwe imposes early ban on raw ore and lithium concentrate exports 3
3. Market Movements 3
3.1 Market Movements in China 3
3.1.1 EXW prices for Chinese tungsten concentrate WO3 55%min 3
3.1.2 EXW prices for Chinese APT 88.5%min 3
3.1.3 EXW prices for Chinese tungsten oxide 99.95%min 3
3.1.4 EXW prices for Chinese tungsten carbide powder 99.8%min 2.5-7.0μm 3
3.1.5 EXW prices for Chinese tungsten powder 99.95%min 2.5-7.0μm 4
3.1.6 EXW prices for Chinese ferrotungsten 75%min 4
3.1.7 EXW prices for Chinese ferrotungsten 70%min 4
3.1.8 EXW prices for Chinese tungsten bar W-4 99.9%min 4
3.1.9 EXW prices for Chinese sodium tungstate WO3 68%min 4
3.1.10 Prices for Chinese tungsten grinding sward scrap W70%min Co5%min (Ex-VAT Delivered) 5
3.1.11 Prices for Chinese tungsten scrap CNC cutting blade W70%min (Ex-VAT Delivered) 5
3.1.12 Prices for Chinese tungsten scrap anvil 90%min (Ex-VAT Delivered) 5
3.1.13 Prices for Chinese tungsten scrap drill 88%min (Ex-VAT Delivered) 5
3.1.14 Prices for Chinese thoriated tungsten cathode ThO2 1.7-2.2% EXW D/P 5
3.2 Export Market Movements 5
3.2.1 FOB prices for Chinese APT 88.5%min 5
3.2.2 FOB prices for Chinese tungsten carbide powder 99.8%min 2.5-7.0μm 6
3.2.3 FOB prices for Chinese tungsten oxide WO3 99.95%min 6
3.2.4 FOB prices for Chinese ferrotungsten 75%min 6
3.2.5 FOB prices for Chinese tungsten bar W-4 99.9%min 6
3.3 International Market Movements 6
3.3.1 FOB prices for African tungsten concentrate WO3 50%min 6
3.3.2 Prices for European APT 88.5%min in warehouse Rotterdam 6
3.3.3 Prices for European ferrotungsten 75%min in warehouse Rotterdam 7
4. Company News 7
4.1 Hangzhou Linan Zhengke Rare Metal Recycling suspends ferro-tungsten operation 7
4.2 Jiangxi Tungsten Equipment moves to integrate tungsten, tantalum and niobium assets 7
4.3 Hunan Shizhuyuan Nonferrous MetalsChenzhou Tungsten Products Branch raises tungsten APT output 7
5. Producers Statistics 7
5.1 APT 7
5.1.1 Chinese APT producers' operating rate down by 1.3% MoM in February 7
5.1.2 Chinese APT producers' output down by 6.83% MoM in February 8
5.1.3 Chinese APT producers' stocks up by 13.22% YoY in February 8
5.2 Tungsten carbide 8
5.2.1 Chinese tungsten carbide powder producers' operating rate down by 15.11% YoY in February 8
5.2.2 Chinese tungsten carbide powder producers' output down by 10.04% MoM in February 8
5.2.3 Chinese tungsten carbide powder producers' stocks up by 58.23% MoM in February 8
1. Market Highlights 2
2. Economy and Policy 2
2.1 Elementos sees increase tungsten resources at Cleveland Tin Project 2
2.2 China's nonferrous metals industry sees strong profit growth in 2025 2
2.3 China puts 20 Japanese entities on dual-use export control watch list 2
2.4 China adds 20 Japanese entities to export control list to curb remilitarization 3
2.5 Zimbabwe imposes early ban on raw ore and lithium concentrate exports 3
3. Market Movements 3
3.1 Market Movements in China 3
3.1.1 EXW prices for Chinese tungsten concentrate WO3 55%min 3
3.1.2 EXW prices for Chinese APT 88.5%min 3
3.1.3 EXW prices for Chinese tungsten oxide 99.95%min 3
3.1.4 EXW prices for Chinese tungsten carbide powder 99.8%min 2.5-7.0μm 3
3.1.5 EXW prices for Chinese tungsten powder 99.95%min 2.5-7.0μm 4
3.1.6 EXW prices for Chinese ferrotungsten 75%min 4
3.1.7 EXW prices for Chinese ferrotungsten 70%min 4
3.1.8 EXW prices for Chinese tungsten bar W-4 99.9%min 4
3.1.9 EXW prices for Chinese sodium tungstate WO3 68%min 4
3.1.10 Prices for Chinese tungsten grinding sward scrap W70%min Co5%min (Ex-VAT Delivered) 5
3.1.11 Prices for Chinese tungsten scrap CNC cutting blade W70%min (Ex-VAT Delivered) 5
3.1.12 Prices for Chinese tungsten scrap anvil 90%min (Ex-VAT Delivered) 5
3.1.13 Prices for Chinese tungsten scrap drill 88%min (Ex-VAT Delivered) 5
3.1.14 Prices for Chinese thoriated tungsten cathode ThO2 1.7-2.2% EXW D/P 5
3.2 Export Market Movements 5
3.2.1 FOB prices for Chinese APT 88.5%min 5
3.2.2 FOB prices for Chinese tungsten carbide powder 99.8%min 2.5-7.0μm 6
3.2.3 FOB prices for Chinese tungsten oxide WO3 99.95%min 6
3.2.4 FOB prices for Chinese ferrotungsten 75%min 6
3.2.5 FOB prices for Chinese tungsten bar W-4 99.9%min 6
3.3 International Market Movements 6
3.3.1 FOB prices for African tungsten concentrate WO3 50%min 6
3.3.2 Prices for European APT 88.5%min in warehouse Rotterdam 6
3.3.3 Prices for European ferrotungsten 75%min in warehouse Rotterdam 7
4. Company News 7
4.1 Hangzhou Linan Zhengke Rare Metal Recycling suspends ferro-tungsten operation 7
4.2 Jiangxi Tungsten Equipment moves to integrate tungsten, tantalum and niobium assets 7
4.3 Hunan Shizhuyuan Nonferrous MetalsChenzhou Tungsten Products Branch raises tungsten APT output 7
5. Producers Statistics 7
5.1 APT 7
5.1.1 Chinese APT producers' operating rate down by 1.3% MoM in February 7
5.1.2 Chinese APT producers' output down by 6.83% MoM in February 8
5.1.3 Chinese APT producers' stocks up by 13.22% YoY in February 8
5.2 Tungsten carbide 8
5.2.1 Chinese tungsten carbide powder producers' operating rate down by 15.11% YoY in February 8
5.2.2 Chinese tungsten carbide powder producers' output down by 10.04% MoM in February 8
5.2.3 Chinese tungsten carbide powder producers' stocks up by 58.23% MoM in February 8
