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  [SMM Analysis] China’s Tungsten Exports Fall, Ore Imports Jump in Early 2026

  According to customs data, China’s total exports of tungsten smelting products and tungsten materials reached approximately 1,805.3 tonnes in January–February 2026, down 27.6% year on year.

• Geopolitical Conflicts Reshape Prebaked Anode Exports; SE Asia Demand Supports Full-Year Growth 【SMM Analysis】

  Amid this structural adjustment in global regional demand, with gains in some markets offsetting declines in others, China’s prebaked anode exports can offset the pressure from weakening demand in traditional markets through market structure optimization and a shift in the center of orders. Coupled with its own capacity and supply chain advantages, China’s prebaked anode exports are expected to maintain a certain increase for the full year.

• General Administration of Customs: China’s Refined Tin Imports in February Increased 96.91% MoM, Breakdown Data Overview

• General Administration of Customs: China’s February Imports of Tin Ore and Concentrates up 95.88% YoY, Breakdown Data Overview

• General Administration of Customs: China’s Refined Tin Imports Fell 28.86% MoM in January, Breakdown of Detailed Data