Tungsten price session · 29 October 2026
Tungsten prices on 29 October 2026
USD figures converted at USD/CNY 6.6664, Frankfurter (ECB reference rates), rate of 2026-10-28.
China Tungsten Online's daily assessment for 29 October 2026: wolframite concentrate was assessed at CNY 320,000-350,000 per standard tonne; APT at CNY 520,000-560,000 per tonne; tungsten powder at CNY 770-810 per kg; tungsten carbide powder at CNY 730-770 per kg. Against the prior session that is up 1.5% and up 5.9%.
| Material | Spot consensus | Range across sources | Sources | Δ vs prior session |
|---|---|---|---|---|
| Wolframite concentrate 65% WO3 | 5,246 CNY/mtu USD 787 ≈ CNY 341,001/t at 65% WO3 | 4,923 – 5,508 spread 11.1% | 2 | ▲ 0.7% d/d |
| Scheelite concentrate 65% WO3 | 5,323 CNY/mtu USD 798 ≈ CNY 345,995/t at 65% WO3 | 5,154 – 5,492 spread 6.3% | 1 | flat |
| Ammonium paratungstate (APT) 88.5% WO3 | 525,000 CNY/t USD 78,753 | 500,000 – 560,000 spread 11.4% | 2 | ▲ 2.9% d/d |
| Tungsten powder 99.9% | 790 CNY/kg USD 119 | 770 – 810 spread 5.1% | 1 | ▲ 1.3% d/d |
| Tungsten carbide powder medium | 750 CNY/kg USD 113 | 730 – 770 spread 5.3% | 1 | ▲ 1.4% d/d |
| Material | Spot consensus | Range across sources | Sources | Δ vs prior session |
|---|---|---|---|---|
| Cobalt powder -200/-300 mesh, 99.8% | 288 CNY/kg USD 43 | 280 – 295 spread 5.2% | 1 | ▼ 0.9% d/d |
| Cobalt metal 99.8% | 215,000 CNY/t USD 32,251 | 210,000 – 220,000 spread 4.7% | 1 | ▼ 2.9% d/d |
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
Sources behind these numbers
Only the numeric assessments are taken from each source; the wording is ours. Every figure can be checked against the dated source below.
- China Tungsten Online — spot, as of 2026-10-29 · source
- SunSirs cobalt (metal + powder) — spot, as of 2026-10-29 · source
- SunSirs index (sample avg) — spot, as of 2026-10-29 · source
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.