
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
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:
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.
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
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