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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: 2026-06-01
Tungsten carbide price update daliy
Tungsten carbide powder update | Jun 1
~1000 RMB/kg (≈ USD 147/kg, DoD +5.26%)
* Down 57.3% from peak
* Down 3.9% YTD
Prices rebounded by 50 RMB/kg today.
China’s tungsten market showed a modest recovery, supported by stronger sentiment in the scrap segment and improved market liquidity.
While speculative buying has increased, market participants remain cautious about the sustainability of the rebound.
Sentiment is improving, but volatility risks remain.

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