China Tungsten Price May Increase Owing to High Environmental Cost

Analysis of latest tungsten market from China Tungsten Online

At the beginning of the week, China tungsten price was temporarily stabilized, and the market was concerned about the upcoming price guidance for the large-scale tungsten enterprises in the second half of the month. At present, the mentality of buyers and sellers in the tungsten industry chain still shows differences. The raw material price is strong, which drives the middle manufacturers to quotation higher. 

However, the downstream alloys and products have insufficient purchasing power. The purchase of the market is cautious, and the overall market orders the a few more high price at the bottom of the lack of effective support on the surface of the supply and demand. In general, the environmental cost and demand risk game, the industry mentality is cautious, maintaining just-needed transactions. The current market transaction price has moved up from the previous half of the month, and it is expected that the price of long-term singles in the second half of the month may increase slightly.

Prices of tungsten products on Oct. 23, 2018

Picture of tungsten powder 

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >