Tungsten Carbide Powder Prices in China Declined on Weak Demand
- Details
- Category: Tungsten's News
- Published on Tuesday, 14 May 2019 19:15
Analysis of latest tungsten market from Chinatungsten Online
Opening this week, the tungsten powder and tungsten carbide powder prices declined slightly due to continued weakness in the demand side and no clear guidance from the fundamental.
Most large tungsten companies lowered their offer levels for the first half of May, so traders seemed to take a watchful stance, waiting for new guide pries for the second half of this month. Smelting factories’ profits were squeezed and were hard to transfer their pressure to cost or demand side. Given that, the ammonium metatungstate market is in a stalemate. In the short term, the tungsten market is expected to remain weak.
Prices of tungsten products on May 14, 2019
Picture of tungsten carbide powder
Follow our WeChat to know the latest tungsten price, information and market analysis.
- Tungsten Manufacturer & Supplier, Chinatungsten Online: www.chinatungsten.com
- Tungsten News & Prices of China Tungsten Industry Association: www.ctia.com.cn
- Molybdenum News & Price: news.molybdenum.com.cn
- Tel.: 86 592 5129696; Fax: 86 592 5129797; Email: sales@chinatungsten.com