Tungsten Concentrate Price Stabilized Despite of Tightening Availability
- Details
- Category: Tungsten's News
- Published on Thursday, 24 January 2019 17:16
Analysis of latest tungsten market from Chinatungsten Online
Chinese tungsten prices continued to maintain stability on heavy wait-and-see atmosphere and stabilized offer levels of large tungsten enterprises. Miners are reluctant to sell their products at low prices as more and more mines stop work to undergo repair. Some downstream enterprises have finished their plans of replenishments, so market trading is limited at present.
The 2019 National Working Conference on Environmental Protection held in Beijing by the Ministry of Ecological Environment from between Jan. 18 and 19. At the meeting, Minister Li Ganjie expressed that this year would give great impetus to the environmental protection supervision and law enforcement and initiate the second round of environmental protection inspectors. In 2019, the environmental protection checks will be stricter, which may benefit the supply side of tungsten market.
Prices of tungsten products on Jan. 24, 2019
Picture of tungsten powder
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