Tungsten Powder Prices Jumped in China on Supply Concerns

Details: Category: Tungsten's News; Published on Monday, 17 February 2020 11:23

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices are in the upward trend as a result of logistical constraints limiting market supply. With the influence of coronavirus, many producing companies have not come back to work yet but the market demand is growing.

However, the market trading seems not increased as much as people expected. It may due to the high prices of raw materials but low acceptance of traders. With more and more factories come back to work, the tight supply will be eased. In the short term, the operating rate of factories and transport restrictions affecting the supply will be the focus of the market.

Prices of tungsten products on Feb. 14, 2020

tungsten powder prices image