Tungsten prices in China Maintained Stability on December 23, 2019

Analysis of latest tungsten market from Chinatungsten Online

The tungsten prices in China maintained stability in the week ended on Friday December 20, 2019 as a result of cautious sentiment of upstream manufacturers of downstream buyers. This week, most market participants will wait for the new guide prices from tungsten institutions and listed companies. 

Tungsten concentrate manufacturers remained low operating rate and thus the supply of raw materials became tight. The prices were hard to decline. The APT market was supported by the rise in offers of listed tungsten companies. Most smelting factories had good confidence and prices hovered around $224.4/mtu. And the tungsten powder market also maintained stability in the whole week with thin market trading.

Prices of tungsten products on Dec. 23, 2019

Picture of tungsten powder 

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