Chinese Tungsten Prices Expect to Keep Stable before Spring Festival

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices are expected to maintain stability this week. With the approaching of Chinese Spring Festival, factories start to stop production, logistics gradually stop picking up goods and some companies finish the replenishments. So the whole market keep quiet.

Buyers and sellers still have different views on the outlook for the market. The raw material side is waiting for the downstream industry to replenish goods with strong rised mentality. While the buyers are not willing to purchase to avoid risks of economic and trade policies at home and abroad.

Prices of tungsten products on Jan. 14, 2020

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Picture of tungsten powder

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