Chinese Tungsten Prices Stabilize on Low Trading Activity

Details: Category: Tungsten's News; Published on Tuesday, 06 November 2018 17:36

Analysis of latest tungsten market from ChinaTungsten Online

Opening this week, Chinese tungsten prices keep stable compared with last week. Average tungsten prices from Ganzhou Tungsten Associations and forecast prices for earlier November from large enterprises will soon be released and thus the whole market is caught in wait-and-see atmosphere.

The decline in prices eased pressures of funds in raw material side and high stocks, while terminal demand continued to be weak. The whole trading activity was low. Under the environmental protection, insiders show differences in outlook expectations. Market transactions are expected to hover at the low level of price range.

Prices of tungsten products on Nov. 06, 2018

ferromolybdenum price picture