Tungsten Ores Sellers Stabilize Offer Levels in China

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices remain steady earlier in this week under the low output and weak demand. Affected by the environmental protection policy and relative positive attitude of large tungsten enterprises, tungsten ores sellers try to stabilize offer levels and reduce the sales of low-price products. 

Intermediaries raise their willingness of risk aversion when the supply and demand are in a stalemate. Downstream factories slow down to come back to the market, so the whole market trading is quiet. At present, market participants wait the guide prices of large tungsten enterprises. 

Prices of tungsten products on Sep. 18, 2018

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