Chinese Tungsten Prices Maintained Stability After Mid-Autumn Festival

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices maintained stability in the first trading day after the holiday of Mid-Autumn Festival on heavy wait-and-see atmosphere in the market, with a prospect of further stability if deadlocked supply and demand continues. 

Affected by environmental checks and high production costs, miners appeared reluctant to sell and have strong rised mentality. Some of them even tried to raised offer levels, but limited by weak demand. Purchasers were not willing to keep firm raw material prices and thus lowered trading activities. On the whole, with decrease in low-price products and approaching of National Day, tungsten market will stabilize.

Prices of tungsten products on Sep. 26, 2018

China tungsten price photo

Picture of tungsten powder

tungsten powder photo

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