Fewer Transactions Concluded in Sodium Tungstate Market

Details: Category: Tungsten's News; Published on Monday, 05 March 2018 16:58

Analysis of latest tungsten market in China from Chinatungsten Online: With the recovery of downstream demand, purchasers gradually come into the market to purchase tungsten-related products with fewer transactions concluded in tungsten concentrate, ferro-tungsten, tungsten powder, APT and sodium tungstate market.

Mines’ operating rate is greatly affected by the Chinese New Year and two sessions amid stopping production in some mines in Jiangxi province and is expected to restart working in the middle March.

Though the holiday is over, market participants in the tungsten market have no yet returned to the market completely. Mainstream production enterprises mainly carried out long-term orders and private enterprises in main production areas with high pressure of stocks are not willing to quote. On March, the market trend is expected to be clear and market activities would return normal.

Prices of tungsten products on Mar. 5, 2018

APT price picture