China Tungsten Price Is Weak on Capital Shortage and Thin Trading

Analysis of latest tungsten market from ChinaTungsten Online

China tungsten price continues its weak adjustment in the week to Friday December 20 due to the weakness in both sales and buying. The last round of offer levels from large tungsten enterprises will soon be released and market participants are waiting for the next move in the market.

At present, there are still many negative factors coming from the supply and demand sides. Affected by that, insiders are not active in trading. Some companies face pressure of capital shortage while downstream factories wait for further decline in product prices. But considering the environmental protection may have good influences for the late market, dealers mainly hold a cautious attitude toward the market.

Prices of tungsten products on Dec. 21, 2018

Picture of tungsten powder 

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