Tungsten Prices in China Are Weak on Quiet Trading Activity

Details: Category: Tungsten's News; Published on Wednesday, 15 August 2018 14:48

Analysis of latest tungsten market from ChinaTungsten Online

Opening this week, tungsten prices in China remain weak adjustment on usual quiet trading activity and negative atmosphere in off-peak season. Affected by the weakness in terminal market, prices for tungsten products continue to decline, cutting profits of enterprises.

Sellers seem to have strong rised mentality while purchasers are reluctant to trade in a weakening market. Downstream enterprises resume work but demand for stocking up is limited, plus the worry for Sino-us trade war and FYME Metal Exchange’s stocks, market trading is thin.

Prices of tungsten products on Aug. 14, 2018

China tungsten prices picture