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Daily Tungsten Carbide Powder Price Report | Mar.3,2026

Tungsten Carbide powder prices continue to climb, having already surpassed the threshold of 2,000 RMB (approximately 289.85 USD) per kilogram. The national tungsten mining quota for 2026 has been set at 115,000 tons, representing a further 8% reduction compared to 2025. This marks the third consecutive year of tightening quotas. Consequently, Tungsten Carbide powder prices maintain a strong upward trend.

The sooner you purchase tungsten carbide products, the greater the cost savings you will realize.

Market Overview

Today, the tungsten carbide powder market continues to exhibit strong upward momentum due to tightening global supply chains and increased mining costs. As shown in the trend chart below, the price has reached a historic peak this March.

Tungsten Products Price Trend, Jan 2022-Mar 2026

Today's Pricing Data

According to the latest market monitoring, here are the benchmark prices for standard grade Tungsten Carbide powder:

Weekly Tungsten Products Price Trend

Tungsten Carbide powder prices rose again today, reaching approximately 2,100 RMB/KG (308.8 USD/KG).

Representing a 15.38% increase compared to last week.

Since late January, prices have continued to climb steadily, with no significant signs of a pullback to date.

The current market trend remains firmly on a strong upward trajectory.

·Raw Material

Tungsten Carbide powder

·Processed Into

Carbide

Carbide prices fluctuate frequently due to changes in supply conditions and market demand.

The chart above illustrates recent daily price trends as a reference to help customers better understand raw material cost fluctuations related to the manufacturing of drilling tools.

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