Chinese Tungsten Market Was Slow After Spring Festival Holiday

Analysis of latest tungsten market from Chinatungsten Online

The Chinese tungsten market was slow in the first trading week after the holiday, with prices stabilized and trading activity limited while Chinese market participants were absent for the Spring Festival Holiday on February 5-11. 

At present, raw material manufacturers have strong rised mentality. Under the low operating rate of factories, environmental protection policy and replenishment of smelting factories, most sellers believe the supply of tungsten ores would be tight. But the price rise still needs the cooperation of actual transactions.

Prices of tungsten products on Feb. 14, 2019

Picture of tungsten powder 

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