Monthly review
Tungsten market review — October 2026
Final review of the October 2026 tungsten market, compiled from the sessions captured during the month.
What the numbers did
- Wolframite 65%: opened CNY 4,462/mtu, closed CNY 5,400/mtu, range CNY 4,462–5,400/mtu across 12 sessions.
- APT: opened CNY 470,000/t, closed CNY 520,000/t, range CNY 470,000–525,000/t.
- Association guidance for the month: CNY 365,000 per standard tonne (CNY 5,615/mtu).
- Average USD/CNY reference rate: 6.6850.
In dollar terms the month ran from USD 667/mtu to USD 808/mtu.
Figures are indicative references compiled from public material and are not tradeable offers.
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