New trends in China's domestic CNC tool industry: price hikes, supply clearance, steady demand growth, and accelerated domestication.
2025-12-04
Recently, the CNC tool industry has entered a new round of price increase cycle. Since July, the price of the key raw material tungsten has doubled cumulatively, driving the overall price of tools to increase by approximately 35% to 50% compared to the beginning of the year. The demand side from the downstream is constrained by the rigidity of processing and the expectation of raw material price hikes. They have all rushed to stock up in advance, forming a phased hoarding demand. Leading enterprises expect to raise prices again next month. The main reason is that the low-priced inventory has basically been exhausted, and the cost of the new round of procurement has significantly increased.
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