1. Home
  2. /
  3. 2024

Lastest New

Raw Material Price Trend
—Tungsten Carbide

Daily reference of raw material cost fluctuation

Tungsten carbide prices fluctuate frequently due to changes in supply conditions and market demand.

The chart below shows the recent daily price trend as a reference to help customers better understand raw material cost movements related to drilling tool manufacturing.

Last updated: 2026-04-09

~2250 RMB/kg (≈ USD 330/kg, DoD -1.31%)

Prices continue to soften, with a 3.9% pullback from the recent peak, while still up 116.3% YTD.

The adjustment is mainly driven by:

easing supply pressure after production recovery, weaker downstream purchasing willingness fading market sentiment and liquidity

Exhibitions We Attended

No-Dig India Show 2025

Bauma China 2024

Project News

On-site Cases

Enhancing Rock Drilling Efficiency at Jieyang Thermal Power Plant

——Improved wear resistance and penetration performance through redesigned high-helix roller cone barrel bits in complex granite formations.

Product & Technical Articles

Your Drilling Tool Partner

Reliable HDD & Foundation tools
— custom-built and delivered fast.

Ask For A Quick Quote

We will contact you within 1 working day, please pay attention to the email

Thank You

We will contact you within 1 working day, please pay attention to the email

Ask For A Quick Quote

We will contact you within 1 working day, please pay attention to the email