Diamond Prices Rise, manufacturing companies Struggling?
Release time:
2022-04-11
Rising raw material prices are causing a chain reaction from the top down that is plaguing the entire super-hard materials industry.
Since 2021, the prices of raw materials such as high purity graphite, pyrolite, catalyst and industrial electricity have been rising. Affected by this, the upstream diamond synthetic enterprises of super-hard materials have raised the price of industrial diamond for many times, and the overall increase of diamond in one year is nearly 50%.
Enterprises of downstream products of super-hard materials are also facing the problem of continuous price rise of industrial diamond, cemented carbide and non-ferrous metals. Although the cost pressure is alleviated by raising the price of products, their profit space is obviously squeezed and they still face severe challenges.
Combined with uncertainties such as the vagaries of the epidemic and the complex and volatile international economic situation, there is still great pressure on the steady operation and coordinated development of the super-hard materials industry.
