After the recent increase in the price of cemented carbide, the market has been scarce. Market participants expect that cemented carbide prices will remain stable in the next few weeks.
A Jiangxi producer quoted 300-310 yuan/kg of standard YG8 mining tool blanks. He said that he sold 1 ton of goods last week. Very few people have sent inquiries, and orders can be completed in November. According to him, the price of cemented carbide rose by 10% in October, and consumers need time to accept the current high price. Therefore, there are not many transactions in the market. However, the price of medium-particle tungsten carbide powder has remained firm at 230-235 yuan/kg, and the price of cemented carbide is difficult to fall.
A Hebei manufacturer quoted a standard YG8 tool blank for 310-320 yuan/kg. According to him, the downstream demand has slowed down. Only a few small orders were sold last week, no more than 1 ton. Currently produced in accordance with the order, most of these orders were signed in September. The price of medium-particle tungsten carbide powder remained firm at 230-235 yuan/kg and showed an upward trend. Although few consumers have entered the market, due to high raw material prices, cemented carbide producers will not cut prices.
A Jiangxi producer quoted 300-310 yuan/kg of standard YG8 mining tool blanks. He said that he sold 1 ton of goods last week. Very few people have sent inquiries, and orders can be completed in November. According to him, the price of cemented carbide rose by 10% in October, and consumers need time to accept the current high price. Therefore, there are not many transactions in the market. However, the price of medium-particle tungsten carbide powder has remained firm at 230-235 yuan/kg, and the price of cemented carbide is difficult to fall.
A Hebei manufacturer quoted a standard YG8 tool blank for 310-320 yuan/kg. According to him, the downstream demand has slowed down. Only a few small orders were sold last week, no more than 1 ton. Currently produced in accordance with the order, most of these orders were signed in September. The price of medium-particle tungsten carbide powder remained firm at 230-235 yuan/kg and showed an upward trend. Although few consumers have entered the market, due to high raw material prices, cemented carbide producers will not cut prices.
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