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.
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.
According to the latest market monitoring, here are the benchmark prices for standard grade Tungsten Carbide powder:
Carbide powder prices remained relatively stable compared to yesterday, reaching approximately 2,290 RMB/KG (336.8/KG).
An increase of approximately 18.65% compared to last month.
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.
As a core raw material, the quality of Tungsten Carbide directly determines the wear resistance and lifespan of drilling tools. At Meclead, our Roller Bits are engineered with premium-grade tungsten carbide inserts to ensure peak performance even as material costs rise.
·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.
Cost-Saving Tip: With tungsten carbide prices on a steady upward trajectory, securing your equipment now can significantly reduce your project's long-term procurement costs. Explore our latest Drilling tools and request a quote today to lock in current rates.
We provide high-efficiency, precision drilling equipment and technical support to ensure the success of mineral, geological, and engineering projects under complex global conditions.
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
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
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
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
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
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