Tungsten Carbide Powder Prices Stabilize on Thin Demand

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in the Chinese market remained stable in the week began on Monday December 16, 2019 as the market is caught in wait-and-see atmosphere with sluggish demand. 

In the tungsten concentrate market, buyers and sellers have different psychological prices. The buyers are not willing to purchase at high prices while sellers have strong rised mentality. As a result, spot transactions are low. For the APT market, low-price resources are hardly purchased, plus with capital shortage and some factories stopping production to undergo repair, smelting factories remain low operating rate. New increased orders are limited in the tungsten powder market. In addition to the imbalanced supply and demand relationship, the external economic and trade talks have eased slightly, but geopolitical risks continue to exist. Given that, the trading atmosphere is weak. In the short term, tungsten powder price will stabilize.

Prices of tungsten products on Dec. 17, 2019

Picture of APT 

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