China Tungsten Prices Remained Unchanged in the Middle of December

Details: Category: Tungsten's News; Published on Monday, 16 December 2019 18:59

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices continued to maintain stability in the week ended on Friday December 13, 2019 as a result of persistent weakness in the demand side and cautious sentiment of market participants.

For the raw material markets, manufacturers kept firm offers supported by environmental protection inspection, high mining costs and value of resources, but the terminal buyers required low prices and remained low trading activity. Therefore, market transactions were hardly concluded. With the approaching of New Year's Day, considering the continued imbalanced supply and demand, capital shortage and unclear outlook, the market is expected to stabilize in the short term.

Prices of tungsten products on Dec. 16, 2019

tungsten carbide powder price image