Tungsten Metal Market Shows its Downward Trend

Core tips: Tungsten ore market is weak currently, individual tungsten products reduce gradually.

The situation of tungsten market:Tungsten ore market is weak currently, individual tungsten products reduce gradually. Many sodium tungstate traders can accept ￥129,000.00/mt. While ferro tungsten quotation falls into chaos that maintains between ￥175,000.00-180,000.00/mt, the lowest could be ￥172,000.00/mt. Likewise, the prices of tungsten carbide powder is easing as well, high level quotation is few. The tungsten concentrate and APT prices moved down slightly in the recent days, but most of the consumers mainly consumed the stocks and were still inactive in purchasing materials. Therefore, the tungsten metal prices do not fluctuate with the decreasing raw materials prices. Tungsten metal market remains sluggish.

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