Tungsten Powder Prices Retreated on Thin Trading Volumes

Details: Category: Tungsten's News; Published on Monday, 20 August 2018 18:10

Analysis of latest tungsten market from ChinaTungsten Online

A production increase in the Chinese ammonium paratungstate market has pressed cargo prices in China, while a lack of demand for tungsten concentrates dragged the upstream market down. Tungsten concentrates buyers retreated to the sidelines after the APT price decline, leading concentrate demand to decline.

Tungsten powder prices remained weak adjustment in last week to Friday August 17 with thin trading volumes. Enterprises faced great pressure and dropped offer levels. This week, new guide prices will be released and market participants wait the move in the market.

Prices of tungsten products on Aug. 20, 2018

tungsten price picture