QIDELI DRILL TOOLS

As we enter December, the tungsten market continues its strong upward momentum. Upstream raw material prices have broken through multiple key thresholds, pushing the entire industry into a new high-cost cycle.This week, tungsten powder prices have surged to 910,000 RMB/ton, drawing significant atten

Recently, the global tungsten market has shown an unprecedented and powerful upward trend. Since December 1, medium-grain tungsten powder prices have surged from 800,000 CNY/ton to over 900,000 CNY/ton in just ten days—an impressive increase of 12.5%. With the price now approaching the “one-million

Tungsten Market Enters a “Critical Stage”: Raw Material Volatility Raises Drilling Tool Costs1. Tungsten Market Turns Sensitive as Supply-Demand Battle IntensifiesRecently, the tungsten market has entered a highly sensitive phase, with increasing price fluctuations and weak transaction activity.• Ra

The tungsten market has remained at a high level with a strong sense of stalemate this week. Although the overall atmosphere is cautious and dominated by wait-and-see sentiment, prices continue their upward trajectory. Tungsten powder, in particular, shows a strong rally, with prices increasing by n

Since the beginning of this year, the tungsten market has maintained a strong trend, with significant price increases. According to market data, the price of tungsten has risen by over 120% year-on-year, reaching a record high.This price surge is driven not only by supply-side factors such as tight

Recently, China’s tungsten market has continued its steady upward trend. Supported by tight supply and high production costs, tungsten prices remain strong. The high-price environment has somewhat suppressed market liquidity, prompting many companies to adopt on-demand and cautious purchasing strate

Recently, the tungsten market has continued its steady upward trend. Supported by tight supply, rising production costs, and strengthened market sentiment, prices of tungsten-related products have climbed sharply. Although terminal demand remains rigid, the actual pace of demand release is relativel

Recently, the tungsten market has maintained a steady upward trend. While prices of major tungsten products have shown mild increases, cost transmission across the industry chain remains relatively slow, and overall market transactions are still cautious. On the supply side, tungsten ore continues t

This week, the tungsten market continued its upward trajectory. Although the rate of increase has slowed compared with the rapid surge seen earlier, prices remain firmly within an ascending channel. With two major domestic tungsten producers releasing their latest long-term contract prices, market s

On Monday, the tungsten market continued its steady upward trend. Overall, the combination of tight supply and cautious downstream demand has resulted in a market characterized by high prices, stagnation, and low transaction activity. From the supply side, tungsten resources remain tight. Both mines