In August 2025, the average prices of most tungsten products in China increased year-on-year. The average price of 65% black tungsten concentrate was 211,400 yuan per ton, increased by 55.44% year-on-year; the average price of ammonium paratungstate was 312,500 yuan per ton, increased by 54.70% year-on-year; the average price of tungsten powder was 473.10 yuan per kilogram, increased by 55.70% year-on-year; the average price of tungsten carbide powder was 461.43 yuan per kilogram, increased by 54.40% year-on-year; the average price of 70 ferrotungsten was 314,300 yuan per ton, increased by 51.18% year-on-year.

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