Different Views on China’s Tungsten Market Outlook

Analysis of latest tungsten market from Chinatungsten Online: Chinese tungsten market is quiet with fewer transactions and stable market prices opening this week. Smelting factories in China’s major tungsten production hub will resume work very soon and insiders hold different views on the tungsten market outlook. 

Some of insiders thought that the supply will increase and demand is expected to be weak in the off season. The imbalance will cause the decline of market price. But others considered that with the increase in costs of environmental treatment, smelting factories are likely to transfer the cost to selling prices, which will push market prices higher.

On the whole, tungsten price is in an upward trend and deadlocked supply and demand dominants the market in the first half of 2018. At present, APT enterprises remain a relatively low level of inventories, pressing less on the afternoon market.

Prices of tungsten products on Jun. 26, 2018

Picture of tungsten powder 

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