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Tungsten crunch can be fixed before prices spike further: BMO

Published in February 2026, this article discusses how the world has "sleepwalked" into a tungsten supply crunch due to underinvestment and tightening Chinese supply. With global inventories critically low, another deficit is expected for 2026, likely keeping prices for products like ammonium paratungstate (APT) elevated.

Tungsten Prices Continue to Run as Middle East War Draining Supply

This March 2026 report highlights the surge in tungsten prices, propelled by a combination of China's export restrictions and a significant increase in military demand. The price of ammonium paratungstate (APT) in Europe has seen a massive increase over the past year due to these supply and demand pressures.

Tungsten Price Trend, Chart & Index 2026: Global Market Analysis Across North America, APAC, and Europe - Market Research

This February 2026 analysis details a dramatic upward shift in the global tungsten market. It points to supply-side disruptions, especially from China, and strong demand from key industries like aerospace and defense as the primary drivers pushing tungsten prices to multi-year highs across the globe.

Why Tungsten Has Jumped to No. 1 on the World’s Critical Minerals Hot List

From January 2026, this article explains tungsten's rapid shift from an obscure industrial metal to a top critical mineral. It emphasizes the metal's irreplaceability in modern military and industrial applications and discusses how China's historical dominance and current export restrictions are creating significant supply chain challenges.

Tungsten prices surge as Iran war drains stocks

A March 2026 report stating that tungsten prices have reached their highest level in decades. This is attributed to increased munitions consumption in global conflicts and a deepening supply crisis initiated by China's export restrictions, which have significantly reduced the global availability of tungsten products.