China Tungsten Market Is Weak in November

Analysis of latest tungsten market from ChinaTungsten Online

China tungsten market is caught in wait-and-see atmosphere at the last trading week in November owing to continued deadlocked supply and demand, low trading activity of market participants. 

The operating rate of smelting factories is at a relatively low level, partly affected by environmental protection stopping or limiting production, and the difficulty in making profits in a weakening market. Although tungsten ore prices keep at the same offer levels, terminal side remains low buying interests. Traders consider profit-taking and the market is weak. 

Prices of tungsten products on Nov. 27, 2018

Picture of tungsten powder 

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