Average Prices of Tungsten Products in the First Quarter of 2026
According to statistics from China Tungsten Online, from January to March 2026, the average price of 65% wolframite concentrate was RMB 741,155/ton, an increase of 117.86% compared to the average price in the fourth quarter of 2025, and an increase of 416.73% compared to the average price in the first quarter of 2025. The price at the end of March was 117.39% higher than the beginning of the year.
The average price of 65% scheelite concentrate was RMB 739,862/ton, an increase of 118.12% compared to the previous quarter, and an increase of 419.45% compared to the same period last year. The price at the end of March was 117.65% higher than the beginning of the year.
The average price of ammonium paratungstate (APT) was RMB 1,090,172/ton, an increase of 117.55% compared to the previous quarter, and an increase of 416.14% compared to the same period last year. The price at the end of March was 120.90% higher than the beginning of the year.
The average price of tungsten powder was RMB 1755.52/kg, up 121.60% month-on-month and 454.61% year-on-year. At the end of March, it was 118.52% higher than the beginning of the year.
The average price of tungsten carbide powder was RMB 1704.14/kg, up 122.52% month-on-month and 447.02% year-on-year. At the end of March, it was 121.15% higher than the beginning of the year.
The average price of 70% ferrotungsten was RMB 1,029,397/ton, up 119.27% month-on-month and 374.45% year-on-year. At the end of March, it was 115.38% higher than the beginning of the year.
The average price of tungsten bars was RMB 1832.76/kg, up 119.19% month-on-month and 392.24% year-on-year. At the end of March, it was 115.93% higher than the beginning of the year.
The average price of cobalt powder was RMB 576.03/kg, up 16.02% month-on-month and 195.01% year-on-year, and up 11.54% from the beginning of the year at the end of March.
The average price of scrap tungsten rods was RMB 959.40/kg, up 93.89% month-on-month and 335.52% year-on-year, and up 80.00% from the beginning of the year at the end of March.
The average price of scrap tungsten drill bits was RMB 937.93/kg, up 100.11% month-on-month and 313.19% year-on-year, and up 81.03% from the beginning of the year at the end of March.
