The Downtrend in Chinese Tungsten Concentrate Prices Continued in June

Analysis of latest tungsten market from Chinatungsten Online

The downtrend in Chinese tungsten concentrate prices continued, with suppliers cutting offers amid weak demand after APT refiners in China temporarily halted production. APT export prices also declined in line with the continuous weakening of domestic prices and slow buying activity abroad.

Although traders have strong willingness to bottom out, actual market trend is greatly affected by persistent weakness of terminal side and capital shortage. Some manufacturers decrease products prices for more sales, which made transaction prices in chaos. Purchasers now seek for lower prices in the inquiry. On the whole, the industry chain is caught in a pessimistic atmosphere with weak market confidence and few trading volumes.

Prices of tungsten products on Jun. 26, 2019

Picture of tungsten powder 

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