Tungten carbide price trend

03/06/2021

In China, the present price of tungsten carbide is stable. In the context of the rapid recovery of China’s economy and the increase in global inflation expectations, most of the raw materials' price keep increasing. Industry insiders pointed out that the current price of tungsten products is basically determined by the cost side and the supply and demand side. As Covid-19 pandemic and global inflation expectations, the situation will temporarily tend to be cost-oriented.  Taking into account the investment funds for epidemic prevention materials, logistics and transportation, environmental protection control are increased .  And the prices of oil, coal, natural gas and other energy sources are rising. The tungsten raw material price will be easy to rise but hard to down.

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