After experiencing drastic “roller coaster” fluctuations in the first half of the year, tungsten prices entered a sideways consolidation phase in the third quarter. According to “Chinatungsten Online” data, the recent price of black tungsten concentrate remained at around 415,000 yuan/standard ton, and the price of ammonium paratungstate fluctuated in a narrow range of 610,000 yuan/ton. It has dropped sharply from the high point during the year, but it is still at a relatively high level in history. “Currently in the industry, people generally feel that prices should stabilize.” A relevant person from a listed tungsten company told reporters. Research reports from various institutions suggest that tungsten supply continues to face multiple tight constraints. As emerging demand for AI PCBs and tungsten hexafluoride continues to rise, and the traditional peak consumption season from September to October approaches, tungsten prices are expected to rise steadily.

After experiencing drastic “roller coaster” fluctuations in the first half of the year, tungsten prices entered a sideways consolidation phase in the third quarter. According to “Chinatungsten Online” data, the recent price of black tungsten concentrate remained at around 415,000 yuan/standard ton, and the price of ammonium paratungstate fluctuated in a narrow range of 610,000 yuan/ton. It has dropped sharply from the high point during the year, but it is still at a relatively high level in history. “Currently in the industry, people generally feel that prices should stabilize.” A relevant person from a listed tungsten company told reporters. Research reports from various institutions suggest that tungsten supply continues to face multiple tight constraints. As emerging demand for AI PCBs and tungsten hexafluoride continues to rise, and the traditional peak consumption season from September to October approaches, tungsten prices are expected to rise steadily.