China Likely to Keep Tungsten Price Unchanged for Feb

February, because of the impact of the Chinese New Year holidays, Jiangxi Ganzhou Tungsten Association has decided to retain its guide price for tungsten concentrate unchanged in February, in line with market expectations.

The now holiday has passed, the more manufacturers or have started, slowly increasing the size of the tungsten market supply and demand. Festival just opened, and the tungsten market sentiment remains very deserted, merchants offer mostly maintained at the pre-holiday level, coupled February institutions guide price flat, market price adjustment motivation is more lack Therefore, we expect that the tungsten City market in the short term to stabilize the main January tungsten prices remain unchanged.

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