Tungsten price session · 2 November 2026
Tungsten prices on 2 November 2026
USD figures converted at USD/CNY 6.6529, Frankfurter (ECB reference rates), rate of 2026-10-30.
China Tungsten Online's daily assessment for 02 November 2026: APT at CNY 1,443,000-1,708,000 per tonne; ferrotungsten FeW70 around CNY 675,000 per tonne.
| 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 | flat |
| Scheelite concentrate 65% WO3 | 5,384 CNY/mtu USD 809 ≈ CNY 349,992/t at 65% WO3 | 5,277 – 5,492 spread 4.0% | 1 | flat |
| Ammonium paratungstate (APT) 88.5% WO3 | 1,047,750 CNY/t USD 157,488 | 500,000 – 1,708,000 spread 115.3% | 2 | ▲ 101.5% d/d |
| Ferrotungsten FeW70 | 698,500 CNY/t USD 104,992 | 675,000 – 722,000 spread 6.7% | 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 | ▼ 0.9% d/d |
| Cobalt metal 99.8% | 213,000 CNY/t USD 32,016 | 210,000 – 216,000 spread 2.8% | 1 | ▲ 0.5% 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 2026-11-02 · source
- SunSirs cobalt (metal + powder) — spot, as of 2026-11-02 · source
- SunSirs index (sample avg) — spot, as of 2026-11-02 · 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.
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