China Tungsten High-Tech: Prices of some tool products have been adjusted with a rise of 5-8 percentage points.

GoldenOctober2024

2025-05-28 12:40:26

Jin10 data May 28th, China Tungsten High-tech stated at the performance briefing that the company has made appropriate adjustments to the prices of certain tool products, with price increases ranging from 5 to 8 percentage points, covering more than 50% of the company’s overall sales of cutting tools. Different products have varying price adjustment ranges based on factors such as cost composition, market demand, and competitive conditions, primarily to balance the dual factors of cost and market. In the future, the company will adjust its product pricing strategy in a timely manner based on the trends in tungsten raw material prices and changes in market supply and demand.

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