Tungsten Products business mentality turnover concentrated in low-poor

Tungsten prices are no longer strong. Currently tungsten steel offer 260 yuan / kg, high-purity tungsten 290 yuan / kg, stumble around 10 yuan. Tungsten and tungsten rod electrodes no significant decline in the market, due to less downstream demand, so businesses will not high prices. Expected short-term or temporary tungsten products prices stabilize.

Tungsten powder and tungsten carbide market vulnerable stability maintenance, currently concentrated in the actual transaction between 244-245 yuan / kg. Due to continued low prices of raw materials such as tungsten concentrate, powder along with business confidence declining shipments will gradually increase prices, low-cost resources are also emerging on the market, the overall market appears vulnerable.

Overseas tungsten City dropped again. 22 MB ferrotungsten evening Rotterdam offer 38.5-39.5 U.S. dollars / kg tungsten, transient stability; paratungstate Europe offer 325-350 U.S. dollars / metric ton, down $ 10-15; Hong Kong offer $ 340-365 / metric ton, down 5-11 USD. Expected short-term overseas tungsten market continues weak



Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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