China’s Domestic Tungsten Price Maintains Stability at the End of April

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price maintains stability at the end of April as the market is tepid with the approaching of Labour Day holiday. In addition, this round of environmental checks will come to an end soon and insiders have different views towards the market. 

In the short term, the export market is still affected by the global epidemic, especially the rapid spread in India. The end users mainly take a watchful stance and market deals are limited

In the long term, insiders expect good for policy-based resource control or manufacturers’ control in production, as well as the resonance of the economic recovery of the manufacturing industry and the development of new infrastructure. In addition, excessive currency and rising prices may also promote product prices from the cost and capital.

Prices of tungsten products on April 30, 2021

Picture of ferro tungsten 

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