Tungsten Carbide Powder Prices in China Stabilize on Quiet Market

Analysis of latest tungsten market from Chinatungsten Online

The tungsten bar and tungsten carbide powder prices in China are unchanged from the previous trading day on unknown new tungsten forecast prices from large companies and the auction of Fanya stocks. The whole market now is caught in heavy wait-and-see atmosphere. 

With the support of high costs and tight supply, most of sellers are reluctant to sell at low prices and expect prices to bottom out. The production in major mines is limited while smelting factories remain low operating rate. Downstream buyers expect the outlook weak as persistent weakness in the demand side, tense situation of macroeconomic and trade consultations and uncertain flow of Fanya stocks weaken market confidence.

Prices of tungsten products on Sep. 5, 2019

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Picture of tungsten powder 

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