Tungsten Carbide Powder Prices Show Signs of Rise in Early December

Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide powder and ferro tungsten prices in the Chinese market show signs of rise despite of thin market trading and low trading activity. In early December, both buyers and sellers take a watchful stance, waiting for new guidance from tungsten institutions and listed companies. 

In the tungsten concentrate market, manufacturers have high willingness to raise product prices and are reluctant to sell products at low prices. While purchasers remain low interested in taking orders. The prices of tungsten ore hover around $12,318.8/t. 

Under the pressure of high costs of raw materials and weak demand, smelting factories face greater risk of price inversion than before, plus with capital shortage at the end of the year, most enterprises are difficult in production arrangement. In the short term, the market is expected to stabilize.

Prices of tungsten products on Dec. 6, 2019

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Picture of tungstic acid

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