Price Watch™ provides real-time price assessments and price forecasts for Tungsten Carbide across top trading regions:
| Tungsten Carbide Regional Coverage | Tungsten Carbide Grade and Country Coverage | Tungsten Carbide Pricing Data Coverage Explanation |
| Asia-Pacific Tungsten Carbide Pricing Analysis | Tungsten Carbide 99.8%min Ex-Shanghai, China Domestic Prices | Weekly Price Update on Tungsten Carbide Real-Time Domestic Prices in Shanghai, China |
| Tungsten Carbide 99.8%min FOB Prices at Shanghai Port, China | Weekly Price Update on Tungsten Carbide Real-Time Export Prices from Shanghai Port, China to Global Markets |
Tungsten Carbide Price Forecasts & Market Foresight Q3 2026
Outlook: Bearish to Strongly Bearish
Confidence: High
Tungsten carbide prices are expected to face sustained bearish correction throughout Q3 2026, pressured by weak cutting tool and mining equipment demand and ample supply. China’s domestic market likely witnesses deepest correction from reduced tool manufacturing and construction equipment applications during summer season, extending through August-September.
China’s export market anticipated to demonstrate mildly bearish to bearish sentiment from constrained international tool demand and competitive export pricing. Global supply abundant from carbide powder sintering at comfortable capacity utilization. Recovery contingent on autumn mining activity acceleration and tool demand acceleration.
Global Tungsten Carbide Market Overview by Region (July–September 2026)
| Country | Grade/Incoterm | Outlook |
| China | Purity: 99.8%min FOB Shanghai | Mildly Bearish to Bearish |
| China | Purity: 99.8%min EX-Shanghai | Bearish to Strongly Bearish |
Tungsten Carbide Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.
Explore the Complete Price Watch™ Tungsten Carbide Forecast
Access comprehensive Tungsten Carbide market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.
Explore Price Watch™ Tungsten Carbide Forecasts
What’s Included
The 3-Month Forecast (Updated Monthly)
It reflects changes in tungsten and cobalt feedstock costs, cutting tool and mining demand, powder sintering rates, equipment manufacturing activity, energy prices, ample inventory levels, distressed trade flows, freight rates, and geopolitical factors affecting the Tungsten Carbide market.
The 12-Month Forecast (Published Annually)
It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.
Our Proprietary Hybrid Forecasting Model Evaluates:
- Feedstock & production economics
- Plant operating rates & outages
- Inventory and supply-demand balance
- Regional trade flows & freight
- Import-export dynamics
- Macroeconomic & geopolitical developments
Track Tungsten Carbide Supply Disruptions in Real Time
As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Tungsten Carbide markets.
Access the Price Watch™ GIO Tracker
Tungsten Carbide Price Trend Q2 2026
In Q2 2026, global Tungsten Carbide prices have surged as Chinese export controls and robust cutting tool demand have created acute tightness across all major markets. Manufacturing sector recovery sustained cemented carbide consumption while powder feedstock costs surged on supply constraints, disrupting production flows through April and May.
Environmental inspections at sintering facilities have remained exceptionally firm throughout the quarter, adding further pressure on tight supply. The Tungsten Carbide Price Chart has captured this sharp upward trajectory during the first two months. Toward the end of the quarter, speculative position liquidations and inventory accumulation have started easing supply pressure.
The Tungsten Carbide Price Index has begun reflecting correction, with June 2026 prices weakening significantly as supply pressure gradually normalized.
China: Tungsten Carbide Export Prices FOB Shanghai, China; Grade – Purity: 99.8%min
In Q2 2026, Tungsten Carbide Price Trend in China has recorded an 11.81% increase, reflecting strong manufacturing demand and constrained powder supply availability. The Tungsten Carbide Price in China advanced as China’s Dual-Use Items Catalog export controls limited international supply flows during April and May.
Domestic cutting tool and mining equipment manufacturers sustained robust carbide consumption. APT and tungsten powder feedstock costs surged on mine supply constraints, supporting price floors. Environmental inspections at sintering facilities limited output expansion. Inventory levels at major consuming facilities trended lower through the quarter.
However, in June 2026, Tungsten Carbide Prices in China have declined by 23.77%, as speculative position liquidations and improved powder supply started easing tightness, with market participants noting volatile sentiment through month end.
