Views: 0 Author: Site Editor Publish Time: 2025-12-10 Origin: Site
Recently, the global tungsten market has been showing a strong upward trend.
The price of tungsten powder surged by 30,000 CNY/ton in a single day, reaching a high of 880,000 CNY/ton. The rapid rise in tungsten prices has attracted significant attention across the industry, with unprecedented market discussion. However, due to high prices, actual transaction volumes are noticeably constrained, and the activity of physical trading is limited.
From a market structure perspective, the rise in tungsten prices is mainly driven by tight supply and cost pressures, with overall market sentiment leaning positive. However, the sustained rapid increase also tests the acceptance capacity of downstream companies. It is important to closely monitor actual demand follow-up, policy adjustments, and the stability of the financial chain across all segments of the industry.
In the tungsten powder market, the rapid cost-driven increase has fueled bullish sentiment, resulting in prices exceeding expectations.
As of now:
Tungsten powder is priced at 880 CNY/kg, up 178.5% since the beginning of the year
Tungsten carbide powder is priced at 850 CNY/kg, up 173.3% since the beginning of the year
The rise in tungsten carbide prices directly drives up the cost of manufacturing hard alloy materials, thereby affecting the prices of DTH bits, roller cone bits, single-cone bits, cross bits, and threaded bits.
As a drilling tool manufacturer with over 30 years of professional experience, QIDELI has been closely monitoring raw material market trends. We are committed to optimizing production processes and supply chain management to minimize the impact of cost fluctuations on our customers. We will continue to track and analyze the tungsten market to provide high-performance, cost-effective, and reliable drilling tools, while offering professional guidance when necessary to help customers address the challenges posed by raw material price volatility.
QIDELI’s Commitment:
Continuously monitor raw material market trends
Maintain stable product quality and reliable supply
Support customers with professional technical expertise to cope with cost fluctuations
