In April 2026, the overall tungsten market in China showed a significant downward adjustment trend. In terms of average prices, the average price of 65% black tungsten concentrate was RMB 889,300 per ton, a decrease of 9.82% month-on-month; the average price of ammonium paratungstate was RMB 1,371,000 per ton, a decrease of 5.24% month-on-month; the average price of tungsten powder was RMB 2,222.38 per kilogram, a decrease of 3.15% month-on-month; the average price of tungsten carbide powder was RMB 2,159.05 per kilogram, a decrease of 3.38% month-on-month; the average price of 70% tungsten ferroalloy was RMB 1,281,000 per ton, a decrease of 6.41% month-on-month; the average price of scrap tungsten rods was RMB 910.48 per kilogram, a decrease of 26.22% month-on-month.

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