2017 Tungsten carbide raw material market review
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Update time : 2018-01-02 15:16:26
This year, the prices of tungsten carbide(cemented carbide) raw materials continue to rise. According to statistics of China Cemented Carbide Business Network, the main raw material-tungsten carbide powder has risen from about 180 yuan / kg at the beginning of the year to about 269 yuan / kg by the end of the year. The price risen by more than 50% throughout the year.Also tungsten powder from the beginning of 2017 about 181 yuan / kg all the way up, the highest in early September even rose to nearly 300 yuan / kg, after a slight decline, but now there are still near 274 yuan / kg,Annual increase more than 50%. The price of recycled tungsten carbide powder from the beginning with about 158 yuan / kg has risen to 208 yuan / kg, risen nearly 35%.
As for the price of cobalt powder, another main raw material for tungsten carbide (cemented carbide), it can even be described as "insanity". Cobalt prices soared due to overseas prices and the strong domestic demand for ternary batteries, especially for new energy vehicles. As a result, the prices of cobalt powder also rose sharply. The price of cobalt powder has increased from 300 Yuan / kg to 650 yuan / kg by the end of 2017, the annual increase actually exceeded 110%, it is nasty!
Carbide raw material prices soaring, leading to our carbide product manufacturing costs rose sharply, while the annual carbide product prices rose little, Tungsten carbide manufacturers are generally faced with the embarrassing situation,reduce profits or even nonprofit to produce carbide products. tungsten carbide manufacturers have been unable to bear the cost of rising raw materials, near the end many carbide manufacturers were forced to increase the price of the carbide product.。
Related tools:
Carbide endmill
Carbide drill
Carbide insert
Tool holders
As for the price of cobalt powder, another main raw material for tungsten carbide (cemented carbide), it can even be described as "insanity". Cobalt prices soared due to overseas prices and the strong domestic demand for ternary batteries, especially for new energy vehicles. As a result, the prices of cobalt powder also rose sharply. The price of cobalt powder has increased from 300 Yuan / kg to 650 yuan / kg by the end of 2017, the annual increase actually exceeded 110%, it is nasty!
Carbide raw material prices soaring, leading to our carbide product manufacturing costs rose sharply, while the annual carbide product prices rose little, Tungsten carbide manufacturers are generally faced with the embarrassing situation,reduce profits or even nonprofit to produce carbide products. tungsten carbide manufacturers have been unable to bear the cost of rising raw materials, near the end many carbide manufacturers were forced to increase the price of the carbide product.。
Related tools:
Carbide endmill
Carbide drill
Carbide insert
Tool holders