Raw material prices skyrocket driving the price hike of tungsten hexafluoride. Industry insiders predict that future market trends will be driven by supply and demand logic.

An official from China Shipbuilding Special Gas recently told reporters that the recent surge in the price of tungsten hexafluoride was initially triggered by the rise in upstream raw material prices, leading to an increase in tungsten powder prices directly pushing up production costs, and subsequently driving up end prices. Another industry insider said, "In the first quarter of this year, the price of tungsten powder reached a temporary high point, with the highest market listed trading price reaching 2.3 million yuan per ton, which is several times higher than the past prices, followed by some decline." As a result, some companies have said they "will no longer accept scattered new orders" and choose to ensure stable supply for existing customers. The industry generally believes that the driving logic of future product prices will gradually shift from a single cost increase to being dominated by changes in supply and demand dynamics.