Quiet Trading Activity Pressed Chinese Tungsten Market

Details: Category: Tungsten's News; Published on Tuesday, 11 September 2018 16:55

Analysis of latest tungsten market from ChinaTungsten Online

Opening this week, Chinese tungsten prices continued to be stable because of weak buying interest, with traders adjusting their offers to around forecast average prices.

Market participants have different attitudes toward the Chinese market. Affected by the environmental protection policy, miners have strong rised mentality. While downstream factories slow down stocking up, resulting in quiet trading activity. Advantages from tight supply and high production costs are hardly offset influences of weak demand. Chinese tungsten market now is caught in wait-and-see atmosphere.

Prices of tungsten products on Sep. 11, 2018

tungsten bar price picture