China’s Tungsten Market Continues Its Weakness in Supply and Demand

Analysis of latest tungsten market from Chinatungsten Online: Opening this week, Chinese tungsten price is unchanged from the previous trading day amid the price of tungsten powder, ammonium paratungstate and ferro tungsten maintains stability. 

In China, tungsten market continues its weakness in both supply and demand as a result of environmental checks. Production in tungsten concentrate market is limited while the shipment of goods becomes difficulty. APT market is tight in supply and weak in demand; tungsten powder market is difficulty in getting raw materials with fewer new orders. After the Dragon Boat Festival holiday, a new round of guide prices from large tungsten enterprises will soon be released and insiders mainly hold wait-and-see mood. 

Prices of tungsten products on Jun. 20, 2018

Picture of tungsten carbide powder

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