Average Prices of Tungsten Products from January to May 2026
According to statistics from China Tungsten Online, from January to May 2026, the average price of 65% wolframite concentrate was RMB 730,700 per metric ton, up 395.14% year-on-year compared with the same period in 2025; the price at the end of May was 8.70% lower than at the beginning of the year.
The average price of 65% scheelite concentrate was RMB 729,600 per metric ton, up 397.72% year-on-year; the price at the end of May was 8.71% lower than at the beginning of the year.
The average price of ammonium paratungstate (APT) was RMB 1,097,300 per ton, up 404.93% year-on-year; the price at the end of May remained flat compared with the beginning of the year.
The average price of tungsten powder was RMB 1,803.88/kg, up 456.53% year-on-year; the price at the end of May was 7.41% lower than at the beginning of the year.
The average price of tungsten carbide powder was RMB 1,747.76/kg, up 447.68% year-on-year; the price at the end of May was 8.65% lower than at the beginning of the year.
The average price of 70% ferrotungsten was RMB 1,048,700 per ton, up 370.66% year-on-year; the price at the end of May was 7.69% higher than at the beginning of the year.
The average price of tungsten bars was RMB 1,890.20/kg, up 399.21% year-on-year; the price at the end of May was 2.65% lower than at the beginning of the year.
The average price of cobalt powder was RMB 574.95/kg, up 155.16% year-on-year; the price at the end of May was 8.65% higher than at the beginning of the year.
The average price of scrap tungsten carbide rod was RMB 893.01/kg, up 301.53% year-on-year; the price at the end of May was 13.33% higher than at the beginning of the year.
The average price of scrap tungsten carbide drill bit was RMB 863.78/kg, up 278.22% year-on-year; the price at the end of May was 12.07% higher than at the beginning of the year.
