Tungsten Prices Tend to Stabilize on Rare New Increased Orders

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten market is in a stalemate, with rare new increased orders. The weakness in demand makes insiders feel doubt about market outlook. With the approaching of Mid-Autumn Festival, tungsten prices will tend to stabilize. 

In Jiangxi province, China, a miner was reported to sale 15 tons of 65% wolframite concentrate at RMB 98,000/t; smelters sold 10 and 20 tons of APT at RMB 15,800.00/t and RMB 15,700.00/t, respectively; tungsten powder manufacturers sold 15 and 5 tons of tungsten powder at RMB 252.00/kg and RMB 254.00/kg.

Prices of tungsten products on Sep. 13, 2018

Picture of tungsten carbide powder

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