Chinese Tungsten Prices Become Weak in a Weakening Market

Analysis of latest tungsten market from ChinaTungsten Online

Opening this week, Chinese tungsten price continues its weak adjustment on heavy wait-and-see atmosphere at the end of July. The operating rate of downstream factories remains low in the off season while market demand is weak. So sales in the raw material market become difficulty and trading volumes are thin again.

Transaction prices of tungsten products become lower than before under the quiet trading activity, although sellers have strong rised mentality. At present, buyers and sellers are in a stalemate, and tungsten prices tend to be stable. 

Prices of tungsten products on Jul. 31, 2018

Picture of tungsten powder

Folow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >