
Analysis of latest tungsten market from Chinatungsten Online Tungsten prices continued to weaken, with large tungsten enterprises again quoting low prices in long-term contracts, dampening market confidence. The current supply-demand mismatch in the tungsten market, coupled with widespread bearish sentiment among purchasers, has led to sluggish transaction performance and insufficient market vitality. Tungsten enterprises quoted long-term contract prices for raw materials at 138,000 yuan per ton for 55% wolframite concentrate, 137,000 yuan per ton for 55% scheelite concentrate, and ammonium…