China Tungsten Prices Maintain Stability on Quiet Trading

Details: Category: Tungsten's News; Published on Tuesday, 29 January 2019 17:45

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are expected to maintain stability on the last trading week before the holiday of the Spring Festival, with heavy wait-and-see atmosphere in the market.

Smelting factories continue to shut down and downstream manufacturers focus on retrieving the payment of goods, so market transactions reduce. From now, factories that would affect price trend like environmental protection, trade environment at home and abroad are not clear. Some insiders are optimistic about the outlook while others still remain cautious. The supply and demand is in a stalemate. In the short term, mainstream tungsten prices will remain stable.

Prices of tungsten products on Jan. 29, 2019

tungsten bar price picture