Coronavirus Reduces the Supply of China's Tungsten Concentrate

Analysis of latest tungsten market from Chinatungsten Online

China's tungsten concentrate and ferro tungsten prices have been in the upward trend since February on tight supply. Plants either had not resumed production or were operating at a low rate. 

Logistics disruptions across China have paralysed many of the country’s supply chains since the outbreak of a novel coronavirus infection forced authorities to clamp down on movements of material and people within the country.

What has become increasingly evident is that different areas have seen their abilities to operate and to move cargoes affected to varying degrees, and that some mining, metal and mineral sectors have been affected more seriously than others. So the whole market supply is in shortage. 

Prices of tungsten products on Feb. 26, 2020

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Picture of tungsten powder 

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