Monthly Tungsten Market Report April 2026
2026-05-14 14:04:35 【Print】
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1. Market Highlights
In April, the domestic tungsten market continued its overall downward trend. Driven by pressure from raw material costs and tight cash flow, tungsten product prices in China saw continuous declines. Prices of tungsten concentrate and downstream tungsten products dropped continuously throughout April as market participants sought to mitigate risks.
Supported by tight global raw material supply, international tungsten prices moved up further. Downstream buyers watched the market cautiously, while end-user demand stayed sluggish, leading to a strong watchful market sentiment.
In April, the domestic tungsten market continued its overall downward trend. Driven by pressure from raw material costs and tight cash flow, tungsten product prices in China saw continuous declines. Prices of tungsten concentrate and downstream tungsten products dropped continuously throughout April as market participants sought to mitigate risks.
Supported by tight global raw material supply, international tungsten prices moved up further. Downstream buyers watched the market cautiously, while end-user demand stayed sluggish, leading to a strong watchful market sentiment.
