Tungsten Ore Price in China Stabilize in the Middle of January

Analysis of latest tungsten market from Chinatungsten Online

The tungsten prices in China are unchanged from the previous trading day with the impact of strong atmosphere of holiday. With the approaching of Chinese New Year, the production, transportation, capital funds and demand are affected. Most market participants are ending up their works for the holiday. 

In the tungsten concentrate market, tungsten ore price is hard to be raised, but sellers have good confidence for the outlook and are reluctant to sell at present. For the APT market, smelting factories remain low operating rate with strong sentiment to avoid risk of price inversion. The tungsten powder market is quiet and prices will continue to keep stable.

Prices of tungsten products on Jan. 16, 2020

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