Tungsten prices have reached a historical high. How will the market perform in 2026 and when will it peak remain to be seen.
2026-01-14
In 2025, China's tungsten market bid farewell to its relatively stable past. During this year, the prices of tungsten products rose by more than 220% within just 12 months, with many core varieties constantly setting new historical highs. From the perspective of the internal industrial chain, this round of price increase was a typical supply-driven model, initiated by the raw material end and advancing all the way, with the downstream consumption end passively accepting the increase.
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