Chinese Tungsten Prices Are Weak on Low Trading Activity

Details: Category: Tungsten's News; Published on Monday, 19 November 2018 17:23

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices have been maintained weak adjustment since November on deadlocked supply and supply, bad trading atmosphere and enterprises’ different expectations for market outlook.

Although the supply of tungsten ores and ammonium metatungstate (APT) remains tight under the environmental protection inspection, and high production costs also offer supports for the market, lowered operating rate and weak demand decline market trading. Downstream manufacturers face pressure as their sales are poor and transaction prices hover at a relatively low level. This week, insiders focus on new tungsten average prices from large companies and stocking up in the demand side.

Prices of tungsten products on Nov. 19, 2018

tungsten trioxide price picture