Metal powder soars sharply and synthetic diamond powder increases by 10

Raw materials are soaring, diamonds and other super hard abrasives are raising prices one after another ~

During the communication with Moyou, Editor Xiao learned that the price of graphite pillar, the main raw material for diamond production, has increased from 57,000 yuan/ton to 74,000 yuan/ton in just over a month since it was raised a month ago.

 

Production equipment accessories for diamond production --- press top hammer has increased by more than 2000 yuan each; There is no intention of price adjustment in the pyrophyllite market for the time being. Some large enterprises that make super hard Abrasives have raised their prices slightly with the recent increase of about 10%. Some small super-hard companies are watching, but with the rampant growth of raw materials and increased environmental pressures, super-hard abrasive companies may be in for a new round of price increase as a whole.

 

Recently, shipments from overseas mining enterprises have been reduced while domestic steel mills are actively replenishing inventories, iron ore stocks in ports have declined, and imported iron ore prices have risen continuously. The price of iron concentrate powder, the main product, has risen by about 60% due to iron ore price increase. In the domestic mining market, the price of iron concentrate in Hebei has risen significantly, with the weekly price increase of ￥20  to ￥30.

As diamond abrasives and metal powders rise, what happens next for those companies that make diamond tools? CDT Co.,Ltd. friends, what do you think?