November 4, 2026 tungsten prices: WC powder RMB 800/kg, APT RMB 530,000–550,000/t. See original charts, the October 22 comparison and carbide buying notes.
After a subdued, flat spell, tungsten carbide prices are rising again. Will last year’s year-end surge repeat? We’ll wait and see.
Tungsten prices were firmer on November 4, 2026, as sellers held offers and buyers replenished mainly for immediate needs. Chinatungsten Online reported 55% or higher tungsten concentrate at RMB 350,000–360,000 per standard ton and APT at RMB 530,000–550,000 per ton. Its price table lists tungsten carbide powder at RMB 800/kg and tungsten powder at RMB 830/kg.
KYTOOLS market view: the next question is whether higher offers will translate into sustained purchasing. Watch repeat orders, available stock and supplier quote validity rather than treating an upward move as confirmation of another prolonged rally.
Tungsten and tungsten carbide prices on November 4
| Material / specification | Price indication | Unit |
|---|---|---|
| 55% or higher tungsten concentrate | 350,000–360,000 | RMB/standard ton |
| Ammonium paratungstate (APT) | 530,000–550,000 | RMB/metric ton |
| Tungsten powder, 99.9%, 2–10 μm | 830 | RMB/kg |
| Tungsten carbide powder, 99.8%, 2–10 μm | 800 | RMB/kg |
| 70% ferrotungsten | 520,000 | RMB/metric ton |
| Cobalt powder, 99.5%, 1.0–1.5 μm | 285 | RMB/kg |
| Scrap carbide rods | 633 | RMB/kg |
| Scrap carbide blades | 520 | RMB/kg |
Concentrate and APT ranges above follow the narrative; the other figures are individual table indications. The narrative places both powders near RMB 800/kg, while the table specifies tungsten powder at RMB 830/kg. Confirm grade, taxes and delivery terms before comparing offers.
October 22 to November 4: the rebound in matching table quotations
| Matching material | Oct. 22 | Nov. 04 | Calculated change |
|---|---|---|---|
| Tungsten carbide powder, 99.8%, 2–10 μm | 710 RMB/kg | 800 RMB/kg | +90 (+12.7%) |
| Tungsten powder, 99.9%, 2–10 μm | 740 RMB/kg | 830 RMB/kg | +90 (+12.2%) |
| Ammonium paratungstate (APT) | 480,000 RMB/metric ton | 540,000 RMB/metric ton | +60,000 (+12.5%) |
| Cobalt powder, 99.5%, 1.0–1.5 μm | 300 RMB/kg | 285 RMB/kg | −15 (−5.0%) |
| Scrap carbide rods | 555 RMB/kg | 633 RMB/kg | +78 (+14.1%) |
KYTOOLS calculations from the two source tables, over 13 calendar days: (new ÷ old − 1) × 100, rounded to one decimal. These are reference-price changes, not a weekly index or finished-tool price changes.
Why sellers have more negotiating room
The report describes holders maintaining firm offers and powder producers seeking higher prices as cost support strengthens. KYTOOLS interpretation: tighter availability of lower-priced material can lift quotations even while downstream orders remain selective. For carbide manufacturers, expensive existing inventory and cautious customer demand can make replenishment decisions difficult.
What the tungsten price chart shows
The January–November chart tracks 65% wolframite concentrate, APT and tungsten powder. It shows the recent upturn after the earlier retreat, but it does not contain a WC powder curve. Use the matching WC entries in the dated tables to compare carbide powder, and keep a concentrate standard-ton quote separate from a physical-ton quote.
What this means for carbide tool buyers
A higher WC powder indication is a reason to refresh a quotation, not a direct percentage adjustment to every drill or end mill. Carbide grade, cobalt content, blank inventory, dimensions, grinding, coating, inspection and quantity affect the final price. Obtain an offer for the same specification and delivery schedule.
Tungsten price FAQ
What should buyers watch next?
Monitor the guidance prices mentioned in the report, actual replenishment orders, stock availability and quote-validity periods. The November 4 update alone does not establish the duration or scale of the next price move.
Related carbide tooling
Sources and earlier tungsten price analysis
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