Views: 0 Author: Site Editor Publish Time: 2025-11-26 Origin: Site
Recently, the domestic tungsten market has maintained its strong upward momentum, with tungsten powder and tungsten carbide powder prices once again hitting new annual highs.
According to market data on November 26, 2025, tungsten prices continue to show a firm upward trend, driven primarily by tightened supply and strategic premium expectations.
Tungsten resources themselves are scarce. Coupled with tightening domestic raw ore output and increasing industry concentration, the reduced supply has further strengthened the market’s recognition of tungsten’s strategic value.
Although demand remains relatively cautious, downstream rigid demand is still stable, providing solid bottom support and keeping the overall market strong and resilient.
In the powder market, high prices have slowed the pace of shipments, leading powder metallurgy enterprises to adopt a cautious “order-by-order” pricing strategy.
Latest market quotations:
Tungsten powder: 785 RMB/kg, up 148.4% from the beginning of the year;
Tungsten carbide powder: 755 RMB/kg, up 142.8% from the beginning of the year.
As the main raw material for hard alloys, the continuous rise in tungsten carbide prices is directly increasing the manufacturing cost of carbide buttons, alloy rods, and cutting materials. This has a significant impact on the cost structure and profitability of multiple drilling products, including DTH bits, button bits, chisel bits, cross bits, and threaded drill bits.
QIDELI Perspective: Cost Pressure Intensifies — Price Adjustment Becomes Necessary
In response to continuous cost increases, QIDELI has been striving to mitigate the impact through process optimization, improved material utilization, and strengthened supply chain management. However, with tungsten powder and tungsten carbide powder prices now rising by more than 140%, the surge in hard alloy costs has exceeded what the company can internally absorb.
To ensure product quality and stable supply, we must implement a price adjustment.
Starting November 26, 2025, QIDELI will adjust the pricing of drilling tools that contain hard alloy materials, including but not limited to:
DTH drill bits
Button drill bits
Chisel drill bits
Cross drill bits
Threaded drill bits
Specific adjustment rates will be communicated separately by the responsible regional sales managers.
We fully understand that this change may bring inconvenience to our customers. QIDELI will continue to uphold the highest standards of product quality, ensure stable delivery, and make every effort through technical improvements to minimize the impact of future raw material fluctuations.
We sincerely appreciate the understanding and support of all our partners. QIDELI will also continue to provide timely and transparent updates on tungsten material trends and industry cost developments.
