Views: 0 Author: Site Editor Publish Time: 2025-12-19 Origin: Site
Recently, the global tungsten market has continued its strong upward momentum.
Prices of major tungsten raw materials have increased by 12–18% this week, with cumulative gains exceeding 200% year-to-date. In the tungsten powder market, mainstream prices quickly broke through RMB 1,000 per kilogram and have continued to rise, while market participants are becoming increasingly cautious
Tungsten powder: RMB 1,030/kg, up 13.2% week-on-week, and 226.0% higher than at the beginning of the year
Tungsten carbide powder: RMB 990/kg, up 12.5% week-on-week, with a 218.3% year-to-date increase
The immediate impact of these price increases is rising production costs for cemented carbide manufacturers. Meanwhile, new order releases remain relatively limited, and overall market sentiment has become more cautious.
Rising tungsten carbide prices directly affect the production costs of various drilling tools, including:
DTH drill bits
Button bits
Chisel bits / Cross bits
Threaded drill bits
This trend is expected to increase procurement costs for customers and place pressure on project budgets and drilling plans.
As a professional drilling tools manufacturer, QIDELI closely monitors raw material market developments and has taken the following measures to help customers cope with cost fluctuations:
Product design optimization: Improving wear resistance and service life to reduce overall operating costs
Strengthening supply chains: Maintaining long-term cooperation with high-quality tungsten powder and cemented carbide suppliers to ensure stable raw material supply
Customer support and consultation: Providing market trend analysis and procurement recommendations to help customers develop reasonable purchasing plans and reduce procurement risks
QIDELI will continue to track global tungsten market dynamics and remain committed to delivering cost-effective and reliable drilling tools and services, helping customers maintain stable project progress and improve operational efficiency amid raw material price volatility.
