Tungsten Powder Prices in China Stabilized on Quiet Market Trading

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China were unchanged in the week began on Monday November 11, 2019 when smelting factories reduced production activity to avoid risk of price inversion and pressure of weak demand. Purchasers slow down the pace of buying, waiting for lower prices. 

In the tungsten concentrate market, tungsten ore enterprises remained stable mentality and were reluctant to cut profit. Downstream companies were not willing to stock up affected by the weakness in the terminal side. So the whole transactions were rare. For APT market, smelting factories faced difficulty in production and pricing, and thus traders mainly took a watchful stance. The tungsten powder market was caught in heavy wait-and-see atmosphere with negative mentality.   

Prices of tungsten products on Nov. 12, 2019

Picture of tungsten powder 

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