Session 3 Nov 2026 · compiled 20:18 CST
Tungsten prices today: 3 November 2026
China Tungsten Online's daily assessment for 03 November 2026: APT at CNY 530,000-550,000 per tonne; tungsten powder at CNY 850 per kg; tungsten carbide powder at CNY 820 per kg; ferrotungsten FeW70 around CNY 520,000 per tonne. Against the prior session that is down 1.8%.
USD figures converted at USD/CNY 6.6483, Frankfurter (ECB reference rates), rate of 2026-11-02. Indicative mid-market reference, not a settlement rate.
Price table
Consensus is the median of midpoints across the spot sources quoting that product today. Range shows the widest low-to-high spread. Contract and association guidance is reported separately below, because it lags the spot market.
| Material | Spot consensus | Range across sources | Sources | Δ vs prior session | |
|---|---|---|---|---|---|
| Wolframite concentrate 65% WO3 | 5,400 CNY/mtu USD 812 ≈ CNY 351,000/t at 65% WO3 | 5,292 – 5,508 spread 4.0% | 1 | ▲ 0.1% d/d | |
| Scheelite concentrate 65% WO3 | 5,384 CNY/mtu USD 810 ≈ CNY 349,992/t at 65% WO3 | 5,277 – 5,492 spread 4.0% | 1 | flat | |
| Ammonium paratungstate (APT) 88.5% WO3 | 530,000 CNY/t USD 79,720 | 500,000 – 550,000 spread 9.4% | 2 | ▼ 0.9% d/d | |
| Tungsten powder 99.9% | 850 CNY/kg USD 128 | single quote no range published | 1 | ▲ 6.2% d/d | |
| Tungsten carbide powder medium | 820 CNY/kg USD 123 | single quote no range published | 1 | ▲ 5.1% d/d | |
| Ferrotungsten FeW70 | 520,000 CNY/t USD 78,215 | single quote no range published | 1 | — |
| Material | Spot consensus | Range across sources | Sources | Δ vs prior session | |
|---|---|---|---|---|---|
| Cobalt powder -200/-300 mesh, 99.8% | 282 CNY/kg USD 42 | 275 – 290 spread 5.3% | 1 | flat | |
| Cobalt metal 99.8% | 234,000 CNY/t USD 35,197 | 228,500 – 239,500 spread 4.7% | 1 | ▲ 9.9% d/d |
Cobalt is quoted twice for a reason: the metal sets the raw cost, while the powder carries the milling and sizing a carbide plant actually buys. The gap between them is the conversion cost, so showing both tells you which one moved. These are Chinese spot assessments and usually run a day or two behind the tungsten series — each row in the detail block below carries its own as-of date.
Permanent link for this session: https://www.yatechmaterials.com/tungsten-price/2026-11-03.html — cite this address if you quote these figures, so the numbers do not change under you.
China vs international
Chinese tungsten exports require licences under controls introduced in February 2025, so domestic Chinese prices and ex-China quotations are separate markets that cannot be arbitraged into each other. The European quotes are the standard ex-China reference; that market is thin and largely contract-based, so they can hold still for weeks and carry their own as-of date.
| Reference | Europe | China equivalent | Gap | As of |
|---|---|---|---|---|
| Europe APT CIF Rotterdam, the standard ex-China reference | 2,675 USD/mtu range 2,450–2,900 | ≈ 901 USD/mtu, China domestic | 1,774 USD/mtu gap | 02 Nov 2026 |
What this material goes into
Carbide powder and APT are inputs, not end products. If you are pricing a part rather than tracking the market, these are the shapes we make from the grades above.
- Tungsten carbide rods — ground and unground rod for drills, end mills and reamers
- Carbide insert blanks — blanks for indexable inserts, in the grades carbide powder above feeds into
- Tungsten carbide dies — drawing, heading and stamping dies for wire and fasteners
- Carbide nozzles — wear-resistant nozzles for abrasive and high-pressure service
- Mining tool tips — buttons and tips for rock drilling in high-cobalt grades
- Carbide strips — strips and plates for press tooling and wear plates
Source-by-source detail
Every number on this page can be traced back to the quote it came from. Expand a row to audit it.
Wolframite concentrate — 65% WO31 spot source
| Source | Quoted | CNY/mtu | USD | As of |
|---|---|---|---|---|
| SunSirs index (sample avg) 生意社指数(样本均价) | CNY 344000-358000/standard tonne, SunSirs sample-price range, normalised to a 65% WO3 basis (CNY/mtu) | 5,400 | 812 | 2026-11-03 |
Scheelite concentrate — 65% WO31 spot source
| Source | Quoted | CNY/mtu | USD | As of |
|---|---|---|---|---|
| SunSirs index (sample avg) 生意社指数(样本均价) | CNY 343000-357000/standard tonne, SunSirs sample-price range, normalised to a 65% WO3 basis (CNY/mtu) | 5,384 | 810 | 2026-11-03 |
Ammonium paratungstate (APT) — 88.5% WO32 spot sources
| Source | Quoted | CNY/t | USD | As of |
|---|---|---|---|---|
| SunSirs index (sample avg) 生意社指数(样本均价) | CNY 500000-540000/tonne (SunSirs sample-price range) | 520,000 | 78,215 | 2026-11-03 |
| China Tungsten Online 中钨在线 | CNY 530,000-550,000/t | 540,000 | 81,224 | 2026-11-03 |
Tungsten powder — 99.9%1 spot source
| Source | Quoted | CNY/kg | USD | As of |
|---|---|---|---|---|
| China Tungsten Online 中钨在线 | CNY 850/kg | 850 | 128 | 2026-11-03 |
Tungsten carbide powder — medium1 spot source
| Source | Quoted | CNY/kg | USD | As of |
|---|---|---|---|---|
| China Tungsten Online 中钨在线 | CNY 820/kg | 820 | 123 | 2026-11-03 |
Ferrotungsten — FeW701 spot source
| Source | Quoted | CNY/t | USD | As of |
|---|---|---|---|---|
| China Tungsten Online 中钨在线 | CNY 520,000/t | 520,000 | 78,215 | 2026-11-03 |
Cobalt powder — -200/-300 mesh, 99.8%1 spot source
| Source | Quoted | CNY/kg | USD | As of |
|---|---|---|---|---|
| SunSirs cobalt (metal + powder) 生意社钴(金属/钴粉) | CNY 275-290/kg, Shanghai spot cobalt powder, -200/-300 mesh, as of 2026-11-02 | 282 | 42 | 2026-11-02 |
Cobalt metal — 99.8%1 spot source
| Source | Quoted | CNY/t | USD | As of |
|---|---|---|---|---|
| SunSirs cobalt (metal + powder) 生意社钴(金属/钴粉) | CNY 228500-239500/t (SunSirs cobalt index sample range, as of 2026-11-03) | 234,000 | 35,197 | 2026-11-03 |
Common questions
What is an mtu and why quote tungsten per mtu?
One mtu (metric ton unit) is 10 kg of contained tungsten trioxide. Chinese concentrate is quoted per standard tonne on a 65% WO3 basis, and export contracts settle per mtu, so publishing CNY or USD per mtu lets a 55% and a 65% material be compared on the same footing.
Why are European and Chinese tungsten prices so different?
Since February 2025 Chinese tungsten exports require licences, so domestic Chinese assessments and ex-China quotations are effectively separate markets. The European APT reference (CIF Rotterdam) trades well above the Chinese price converted at the same exchange rate; the gap is the ex-China premium, not an arbitrage that can be captured.
How often are these prices updated?
The index polls public Chinese market sources every 30 minutes during the publication window and republishes as soon as a new daily assessment appears, typically mid-afternoon Beijing time. Every captured session is kept on its own dated page, so a figure you cite does not change later.
Is there a published international price for tungsten concentrate or powder?
No. Europe publishes weekly ex-China references only for APT and ferrotungsten. Concentrate and powder are priced by exporters off the APT benchmark plus a conversion premium, so a China-versus-international curve exists for APT and ferrotungsten only, and this index does not invent the others.
Where do the numbers come from?
Only the numeric assessments published by named Chinese market sources, each recorded with a link back to the dated article. No article text is copied, and the commentary on these pages is written from the parsed figures.
Buying carbide parts against these prices?
We produce tungsten carbide wear parts, cutting tool blanks and precision components from YG6, YG8, YK06 and YA20 grades. Tell us the part and the annual tonnage and we will quote against current powder cost.
Follow the tungsten price benchmark
Daily Chinese market prices plus the latest European APT reference — pick the channel that suits you.