Chinese Environmental Protection Tightens the Supply of Tungsten Concentrate

Analysis of latest tungsten market from Chinatungsten Online

In the first trading day of the year of 2020, the tungsten prices in China still keep stable in wake of strong rised mentality of sellers but rare transactions concluded.

More and more raw material manufacturers slow down their production and downstream industries also will not active to consume in the short term with the approaching of Chinese Spring Festival. Under Chinese environmental protection, mining control, cost promotion, and complex macroeconomic and trade environment, industry insiders generally believed that although the tungsten market has bullish expectations in the long term, the short-term outlook is not clear. At present, the market is quiet on the whole.  

Prices of tungsten products on Jan. 3, 2020

Picture of tungsten carbide powder 

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