Tungsten Oxide Price will Rise in The Second Half in 2014

In the first half of 2014, the price of tungsten oxide was to go down gradually. But most of the tungsten smelters are optimistic about the future market. Tungsten oxide is expected to rise in price. The sources in Xiamen tungsten industry said the second half of the export market will be more active and trading orders will increase significantly.

Supply of tungsten ore and APT has run short this year, while the price also has been slowly. At the same time, the price of tungsten oxide submitted by companies is too high. At present, most manufacturers enterprises have offered an average price in 153000 yuan/ton, and export markets of tungsten oxide has raised in recent months. The domestic where most tungsten smelters are optimistic about the future market and expect that the price will increases over the next few weeks.

Meanwhile, some analysts said, tungsten ore for declining production in overseas may promopt  price substantially. Judging from the current situation, tungsten market will be well of the prospects.

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