The Decline in Tungsten Raw Material Prices Weakens Market Confidence

Analysis of latest tungsten market from Chinatungsten Online: Traders become active in trading due to weak demand of smelting factories, but production capacity of raw materials has not been recovered yet. Therefore, domestic tungsten price shows signs of decline.

In the tungsten powder market, the decline in upstream tungsten raw material prices weakens market confidence, and terminal demand also remains weak. Tungsten powder enterprises are difficult in quotation and sales, with fewer trading volumes. In the short term, tungsten powder price will stabilize, waiting for the movements of buyers and sellers.

Prices of tungsten products on Mar. 22, 2018

Picture of tungsten powder

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