Chinese Tungsten Price Stabilizes with Supply

Analysis of latest tungsten market from Chinatungsten Online: Smelting factories in major tungsten production areas restart production gradually, which presses market mentality. Traders raise risk consciousness in off season and compete with others to move materials. As a result, transaction prices are lowered. 

However, it still needs time for factories to resume production, plus environmental protection policy limits the supply of tungsten raw materials, Chinese tungsten price will not decline sharply. Insiders now pay more attention to guide prices from large tungsten enterprises and institutions. 

Prices of tungsten products on Jul. 04, 2018

Picture of ammonium paratungstate

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