Low-price Goods Reduce As a Result of Continuous Decline in Tungsten Prices

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices remain stable compared with last trading day due to deadlocked supply and demand. Tungsten ore sellers seem unwilling to sale in the market, affected by the environmental checks. Low-price spot goods reduce as a result of continuous decline in tungsten prices. 

The continuous weakness in terminal lowers downstream buyers’ purchasing enthusiasm and thus tungsten product prices are difficult to rise. In the short term, trading volumes will be thin and Chinese market will be caught in wait-and-see atmosphere. 

Prices of tungsten products on Sep. 12, 2018

Picture of cesium tungsten bronze

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