Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices continue to maintain stability due to heavy wait-and-see atmosphere at the end of this month. Most insiders worry for the demand and deals are hardly concluded. Therefore, the whole market remains quiet. 

The tungsten reserve in Far East region rates first place in Russia, the country and its Far Eastern region (RFE) possess large amounts of mineral wealth, comparable to that of China, USA, Australia, Canada, and other major mineral producing countries.

Analysis of latest tungsten market from Chinatungsten Online

The trend of Chinese tungsten prices still lies on the relationship between the supply and demand. On the whole, the recovery in the demand side fails to meet market expectation, downstream enterprises seek lower prices and traders take a watchful stance. With the reduced profits, the tungsten market is likely to bottom out in the short term. 

Through applying a thin layer of tungsten, aluminum, iron, and vanadium to a silicon crystal achieve a breakthrough in the performance of thermoelectric materials at a world record. Thermoelectric materials are capable of changing heat into electrical energy. This new type of material generates electrical current very efficiently from temperature differences, allowing sensors and small processors to supply themselves with energy wirelessly.