Tungsten Concentrate Prices in China Stabilize on Quiet Market

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and tungsten concentrate prices in China maintain stability at the beginning of this week on deadlocked supply and demand in the market. 

On the one hand, due to high costs of environmental checks and output cuts of smelting factories, raw material manufacturers are reluctant to sell products at low prices under the pressure of price inversion; on the other hand, terminal buyers are not interested in taking orders, plus with the uncertainty in Fanya stocks and Sino-US trade friction, traders have not good confidence. On the whole, the tungsten market is stable and most market participants are waiting for new guides from the market.

Prices of tungsten products on Aug. 13, 2019

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Picture of tungsten powder 

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