China Cesium Tungsten Bronze Prices Were Weak in Early November

Analysis of latest tungsten market from Chinatungsten Online

The tungsten bar and cesium tungsten bronze prices in China remained weak adjustment affected by low trading activity and limited demand of downstream. The market now focus on new offer levels from listed tungsten companies. 

In the tungsten concentrate market, the sales of raw materials faced difficult but the supply increased. Therefore, deals were hardly concluded. Considering the value of resources, cost of environmental protection and capital shortage, tungsten concentrate price declined below $13,043.5/t. 

Smelting factories has high willingness of selling as a result of weak demand and declined tungsten ore prices. With the support of cost and environmental protection reducing production, APT offers stood at $226/mtu weakly. Xiamen Tungsten released its offers for the first half of November at $224.4/mtu, down $9.8/mtu from the second half of last month.

Prices of tungsten products on Nov. 7, 2019

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Picture of tungsten powder 

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