China Tungsten Market Has a Rise in Prices But Rarely Deals Concluded

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market has a continued rise in prices but rarely transactions concluded in the week began on Monday September 26, 2019. The tightening availability of raw materials supports firm offers, but downstream users with cautious sentiment are not active in trading, waiting for further guidance. 

With the approaching of National Day holiday, raw material manufacturers are reluctant to sell their products while terminal buyers are resistant to high-price resources. Most tungsten powder companied expressed the difficulty in replenishment and pricing. Tungsten powder prices are rised passively. 

A listed tungsten companies released its offers for the second half of September: wolframite concentrate price was $13,030.30/t; scheelite concentrate price was $12,878.79/t; APT price was $231.20/mtu, up $35/mtu.

Prices of tungsten products on Sep. 27, 2019

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Picture of tungsten powder 

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