Price stabilization at the end of May signals the end of panic selling and the beginning of market consolidation.The May rebound is primarily supply‑side driven, still lacking broad downstream demand support.Month‑end prices stopped falling or turned flat, reducing procurement risks and encouraging potential real demand.Although the market remains sensitive, the improved willingness to stabilize prices across the supply chain is a positive sign.Sustainable recovery depends on whether actual downstream orders materialize in the coming months.

In April 2026, the tungsten market entered a deep correction after experiencing a nearly 650% surge over the past year, with the market trend shifting into a downward channel. The supply-demand relationship turned from a seller's market to a buyer's market, and trading activity declined significantly.

Prices Rise Across the BoardIn January 2026, the prices of ammonium paratungstate, tungsten powder, and tungsten carbide powder all increased sharply, with both monthly average and end-of-month prices showing significant year-on-year and month-on-month gains.Multiple Factors Drive the TrendTightening supply, stable demand from advanced manufacturing, the reassessment of strategic value due to geopolitical factors, and capital inflows driven by the precious metals market have collectively pushed prices higher.Caution Against Correction RisksRecent volatility in gold and silver indicates that such markets are susceptible to sentiment shifts, and a correction may follow rapid price increases.Market Outlook Remains CautiousWhile short-term strength is supported by multiple factors, attention should be paid to policies, downstream absorption capacity, and overall sentiment in the non-ferrous metals sector.

1、Prices Soar Across the Tungsten Supply Chain2、Supply Constraints and Financial Demand Drive Rally3、Thin Trading Amid High Prices as Demand Cools

Tungsten Market Resilience Endures, Poised for a Fresh Start in the New Year

New Year's New Starting Point, Tungsten Prices Set a New High

1. Supply-Driven Surge: The Dual Forces of Resource Control and Capital Flow2. Reshaping the Chain: Geopolitical Shifts and Enterprise Survival Under Price Volatility3. A New Industry Landscape: The Emergence of a Three-Tier Structure After Market Consolidation

Dear friends, It is already the New Year holiday season! We would like to thank you for all your cooperation and trust that you have continued to give us during this year of 2022. We are new company but we are old people in cement