Views: 0 Author: Site Editor Publish Time: 2026-01-06 Origin: Site
Chinatungsten Online's latest analysis shows that tungsten prices have surged across the board, reigniting market enthusiasm.
The upturn is driven by multiple factors: a new round of price hikes from Jiangxi-based industry institutions and major tungsten enterprises, the synergistic effect of rising precious metals and molybdenum prices, and improved sentiment from the rebounding tungsten scrap market.
Affected by soaring production costs, some cemented carbide companies issued new price increase notices early this year.
Relevant market dynamics:
International gold prices regained the USD 4,400/ounce mark on January 5, with COMEX silver jumping nearly 7% the same day, fueled by investor risk aversion amid geopolitical uncertainties.
Additionally, CBN data revealed that the non-ferrous metals sector led A-shares in 2025 with a 94.73% annual gain, seeing comprehensive strength across the industrial chain and 44 double-digit gain stocks.
Rising Hard Alloy Costs Create Pressure for the Drilling Tools Industry
As tungsten carbide powder prices continue climbing, the cost of producing hard alloys is rising in parallel.
Tungsten carbide is one of the core materials used in the drilling tools industry, and cost increases directly affect the following products:
DTH drill bits
Button bits
Chisel bits
Cross bits
Threaded bits
PDC products that include a hard-alloy matrix
For manufacturers, high raw material prices are compressing profit margins and forcing an adjustment in product pricing structures across the industry.
QIDELI Outlook: Industry Trends in a High-Cost Era
Based on feedback across the supply chain, there is still no clear sign of price correction in the short term.
Tight resource availability, strong market sentiment, and active capital inflows together indicate that tungsten prices will remain at elevated levels.
Against this backdrop, the drilling tools industry is expected to enter:
A cost-sensitive period
A product restructuring period
A phase of rising demand for high-quality products
QIDELI will continue to closely monitor upstream raw material price changes and provide clients with timely market insights and professional guidance.
QIDELI remains committed to quality-first principles, maintaining high standards in raw material sourcing and production process control.
Even in volatile market conditions, QIDELI will ensure stable product quality and reliable supply—a promise we uphold for our global customers as we face this new industry cycle together.
