China Tungsten Prices Stabilized due to Quiet Trading

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China continued to maintain stability in the week began on Monday March 4. In the market, upstream sellers were reluctant to sell with strong rised mentality, but rare transactions were concluded. For downstream buyers, they remained low buying appetite. So market trading is thin at present. 

After the holiday of Chinese New Year, the supply and demand has been in a stalemate, sales faced difficulty and prices kept stable. Low-price resources were hardly got while high-price goods were rarely concluded. Most insiders took a watchful stance. In early March, the market would focus on the Two Sessions and new round of tungsten forecast prices.

Prices of tungsten products on Mar. 05, 2019

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