Views: 0 Author: Site Editor Publish Time: 2025-12-18 Origin: Site
Recently, the global tungsten market has continued its upward trajectory, though the rally has slightly eased after reaching key integer price levels.
As of this release, tungsten powder is priced at RMB 1,010/kg, up 219.6% compared to the beginning of the year, while tungsten carbide powder is priced at RMB 970/kg, marking a 211.9% year-to-date increase.
At present, tight tungsten supply remains the primary market challenge, while cautious sentiment on the demand side has limited overall liquidity across the industry chain. The scrap tungsten market is also following the upward trend, with a strong sentiment of holding for higher prices. Some suppliers selectively release stock to alleviate capital pressures, resulting in limited market activity. The combination of supply constraints and cautious demand has amplified price volatility, and the market is expected to maintain a high-level trend in the short term.
The rise in tungsten carbide prices directly affects the cost of cemented carbide, which in turn drives up prices for products such as DTH bits, roller cone bits, straight bits, cross bits, and threaded drill bits. For mining, oil drilling, and construction industries, the sustained increase in raw material costs may put pressure on procurement budgets and project cost management. Companies may need to adjust procurement planning, inventory management, and project quotations accordingly.
QIDELI’s Recommendations and Solutions
Leveraging years of experience in drill bit manufacturing and a robust supply chain, QIDELI closely monitors raw material market trends and actively takes measures to ensure stable supply for clients. We recommend:
Plan procurement in advance – Maintain reasonable inventory levels to mitigate the cost impact of tungsten price fluctuations.
Adjust order structure flexibly – Prioritize cost-effective product specifications according to project schedules and drill bit requirements.
Consider customized solutions – QIDELI offers a wide range of specifications and custom drill bits to meet diverse engineering and mining project needs.
Maintain close collaboration and communication – Access timely market insights and supply solutions to ensure smooth project execution.
QIDELI’s Commitment
As a global leader in drill bit manufacturing, QIDELI remains customer-centric, committed to providing stable and reliable products and services amid market volatility. By optimizing supply chain management, enhancing production efficiency, and delivering cost-effective products, QIDELI helps clients manage procurement risks, reduce operational costs, and maintain long-term competitiveness.
QIDELI – consistently supporting global clients with stable supply and steady progress.
