Low Trading Activity in the China Tungsten Market

Analysis of latest tungsten market from ChinaTungsten Online

China tungsten prices continue to maintain stability in the week to Friday December 13 as the supply and demand is in a stalemate. Affected by the environmental protection inspection and factories stopping production to undergo repair, profits in the raw material market are squeezed and manufacturers have strong willingness to stabilize their offer levels. 

However, the continued weak demand and increased pressure of capital shortage slow down the replenishment of downstream factories. Buyers prefer low-price resources with rare transactions concluded. On the whole, China tungsten market is still caught in wait-and-see atmosphere and insiders remain cautious.

Prices of tungsten products on Dec. 14, 2018

Picture of tungsten powder 

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