China Tungsten Prices Maintain Stability on Deadlocked Supply and Demand

Analysis of latest tungsten market from ChinaTungsten Online

Opening this week, China tungsten prices continue to maintain stability on deadlocked supply and demand in the market. Sellers now focus on environmental protection inspection’s influences on cost and supply of raw materials. While buyers are waiting for moves in the demand side.

Funds pressure increases and purchasers are reluctant to trade, relying on rigid demand. But raw material manufacturers still have strong rised mentality. Both sellers and buyers have different attitude towards transaction prices, with fewer deals concluded. In the short term, insiders will be caught in heavy wait-and-see atmosphere. 

Prices of tungsten products on Nov. 13, 2018

Picture of tungsten powder

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