Tungsten Concentrate Price Stabilizes on High Production Cost

Analysis of latest tungsten market from ChinaTungsten Online

In the tungsten concentrate market, very little spot business was transacted, with some offers heard outside of the price range. Tungsten ore sellers appeared reluctant to sell products due to the availability of raw materials. The cost side supports the stability of tungsten concentrate price.

Traders found difficulty in purchasing raw materials while the demand for APT remains weak. Also, affected by stable average tungsten forecast prices of Xiamen Tungsten, insiders wait the next move in the market. 

New increased orders are small for downstream tungsten carbide and product enterprises. Tungsten powder companies remain low enthusiasm in purchasing raw materials and keep offer levels in line with the market. With the approaching of Chinese Mid-Autumn Festival, the whole market trading will not be active.

Prices of tungsten products on Sep. 20, 2018

Picture of blue tungsten oxide

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