Chinese Tungsten Market Is in a Stalemate in Early April

Analysis of latest tungsten market from Chinatungsten Online

Early in April, Chinese tungsten market is caught in heavy wait-and-see atmosphere as the offer levels of tungsten prices are not settled down completely at the beginning of VAT reform. 

In the market, buyers remain low buying appetite while sellers are not active in selling their products. Although manufacturers seek for more orders, the demand side is weak. Under the deadlocked situation, most market participants are waiting for new average tungsten forecast prices from Ganzhou Tungsten Association and offer levels from listed tungsten companies.

Prices of tungsten products on April 3, 2019

Picture of blue tungsten oxide 

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