Average Prices of Tungsten Products in May 2026
According to statistics from China Tungsten Online, in May 2026, the average price of 65% wolframite concentrate was RMB 523,700/ton, down 41.11% from the average in April 2026 and up 222.11% year-on-year compared with April 2025; the price at the end of the month was 40.85% lower than at the beginning of the month.
The average price of 65% scheelite concentrate was RMB 522,700/ton, down 41.16% month-on-month and up 223.49% year-on-year; the price at the end of the month was 40.90% lower than at the beginning of the month.
The average price of ammonium paratungstate (APT) was RMB 816,800/ton, down 40.42% month-on-month and up 242.23% year-on-year; the price at the end of the month was 41.74% lower than at the beginning of the month.
The average price of tungsten powder was RMB 1,488.95/kg, down 33.00% month-on-month and up 323.44% year-on-year; the price at the end of the month was 48.98% lower than at the beginning of the month.
The average price of tungsten carbide powder was RMB 1,426.32/kg, down 33.94% month-on-month and up 311.54% year-on-year; the price at the end of the month was 49.74% lower than at the beginning of the month.
The average price of 70% ferrotungsten was RMB 851,100/ton, down 33.56% month-on-month and up 249.40% year-on-year; the price at the end of the month was 33.96% lower than at the beginning of the month.
The average price of tungsten bars was RMB 1,593.68/kg, down 31.22% month-on-month and up 290.71% year-on-year; the price at the end of the month was 46.60% lower than at the beginning of the month.
The average price of cobalt powder was RMB 569.21/kg, down 1.37% month-on-month and up 113.40% year-on-year; the price at the end of the month was 1.74% lower than at the beginning of the month.
The average price of scrap tungsten carbide rod was RMB 671.05/kg, down 26.30% month-on-month and up 190.36% year-on-year; the price at the end of the month remained flat compared with the beginning of the month.
The average price of scrap tungsten carbide drill bit was RMB 622.11/kg, down 29.11% month-on-month and up 163.61% year-on-year; the price at the end of the month was 3.17% higher than at the beginning of the month.
