Ferro Tungsten and Tungsten Powder Prices Supported by Slow Restart to Production
- Details
- Category: Tungsten's News
- Published on Thursday, 20 February 2020 17:04
Analysis of latest tungsten market from Chinatungsten Online
The ferro tungsten and tungsten powder prices in the Chinese market show signs of rise in the late February. Affected by the measures to prevent and control the coronavirus, the operating rate of factories and logistics have not completely returned to the normal situation, resulting in an imbalance in the supply and demand sides. In the short term, the situation is expected to continue.
As of February 19, among the 73 members, 66% of companies resumed production, 64% workers of a company came back to work and the housing starts is 62%, according to the statistics of the China Tungsten Industry Association.
Prices of tungsten products on Feb. 20, 2020
Picture of tungstic acid
Follow our WeChat to know the latest tungsten price, information and market analysis.
- Tungsten Manufacturer & Supplier, Chinatungsten Online: www.chinatungsten.com
- Tungsten News & Prices of China Tungsten Industry Association: www.ctia.com.cn
- Molybdenum News & Price: news.molybdenum.com.cn
- Tel.: 86 592 5129696; Fax: 86 592 5129797; Email: sales@chinatungsten.com