In April 2025, China’s tungsten market exhibited an overall upward trend. Average prices were as follows: 65% black tungsten concentrate: 145,600 yuan/ton, up 3.34% month-on-month. Ammonium paratungstate: 215,000 yuan/ton, up 3.12% month-on-month. Tungsten powder: 320.41 yuan/kg, up 2.32% month-on-month. Tungsten carbide powder: 315.41 yuan/kg, up 2.36% month-on-month. 70% tungsten iron: 220,300 yuan/ton, up 1.94% month-on-month. Tungsten bar: 370.00 yuan/kg, down 0.19% month-on-month.