Tungsten Prices in China Stabilize on Quiet Market Trading

Details: Category: Tungsten's News; Published on Friday, 18 January 2019 16:00

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in the Chinese market continued to maintain stability in the week to Friday January 18 on quiet fundamental and low buying appetite. After a long period of watchful attitude under squeezed profits, disappointed replenishments of downstream and mines stopping production to undergo repair, market enquiry becomes active.

However, transaction prices continue to narrow down and trading volumes are limited. With the approaching of Spring Festival, capital shortage and weak demand would go on and smelting factories also decrease their production. The whole tungsten market in China is expected to stabilize.

Prices of tungsten products on Jan. 18, 2019

ammonium paratungstate prices picture