China Tungsten Prices Maintained Stability on Soft Demand
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- Category: Tungsten's News
- Published on Tuesday, 15 January 2019 17:58
Analysis of latest tungsten market from Chinatungsten Online
China tungsten prices remained weak adjustment in the week began on Monday January 14 on soft demand in the market. Although the recent stabilization of raw material market, seasonal and cycle demand raise buying appetite of downstream customers, prices are pressed down. Raw material manufacturers’ profits also decrease.
The supply side is expected to remain tight as many factories stop production to undergo repair and environmental protection inspection reduces production. So sellers are reluctant to sell at low prices. Under the deadlocked supply and demand, tungsten market would stabilize in the short term.
Prices of tungsten products on Jan. 15, 2019
Picture of blue tungsten oxide
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