The weekly chart shows a strong rally, with bullish sentiment prevailing in the tungsten market. Resource control, coupled with downstream restocking, underpins the market trend.

On November 6, 2026, the average price of Changjiang ComprehensiveTungsten Powder stood at 820,000 yuan/ton, representing an increase of 10,000 yuan compared with the previous trading day. The price trend this week clearly shows that tungsten prices have embarked on a one-sided upward movement, with a cumulative weekly increase of 45,000 yuan. After a brief period of consolidation at high levels on November 3, prices rallied again, demonstrating strong continuity in the upward momentum.