Sodium Tungstate Price Edges Higher on Continuous Tight Supply

Analysis of latest tungsten market from Chinatungsten Online: Affected by the environmental protection policy, sodium tungstate price has been in an upward trend recently. Enterprises in Jiangsu province, China stop production and will not resume work in the short term. The tight supply would continue to push spot price higher. 96% sodium tungstate price stands at $20.645-20,968/t at present.  

Tungsten concentrate manufacturers have strong rised mentality but with little sales, influenced by the reform of tax policy. Most smelting factories still are shut down and the time for recovery remains uncertain. Under the both weakness in supply and demand, the current market transactions are difficult to increase. Chinese tungsten market now is pressed by the market trend, production, environmental checks and coming of off season.

Prices of tungsten products on Jun. 25, 2018

Picture of violet tungsten oxide

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