China Tungsten Price Continued to Be Weak on Quiet Market

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price continued to be weak due to the unsatisfactory state of demand, the frustration of merchants, and the lackluster trading sentiment. 

Near the end of the month, the market is dominated by a cautious wait-and-see atmosphere, and the relatively tight supply side supports a limited decline in the market. The market participants will continue to pay attention to the market supply and demand game, macro policy adjustments, and external risk changes.

At present, tungsten concentrate price hovers around $18,000.00/ton; APT price is about $306.00/mtu and tungsten powder price is about $41.2/kg. the whole market is in a stalemate with low purchasing sentiment.

Prices of tungsten products on March 28, 2023

Picture of tungsten powder 

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