Tungsten Powder Market in China Remains Weak in November

Analysis of latest tungsten market from Chinatungsten Online

The tungsten prices in China market maintain stability as sellers have strong rised mentality but the demand side continues its weakness. Buyers and sellers still have different psychological prices for products. Therefore, most insiders mainly wait and see for the outlook. 

In the tungsten concentrate market, manufacturers tend to keep the current market prices affected by environmental protection inspection causing high production costs. Considering buyers' requirement for lower prices and unstable trading environment, market prices hover around $12,318.8/t with rare deals concluded. 

For the APT market, the weak demand and reduced supply of raw materials affect market transactions, and thus smelting factories remain low operating rate. The tungsten powder market also remains weak and is expected to be caught in wait-and-see atmosphere in the short term.

Prices of tungsten products on Nov. 29, 2019

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Picture of tungsten powder 

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