Ferro Tungsten Prices in China Are Weak Due to Rare Transactions Concluded

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ferro tungsten prices in China remain weak adjustment due to low trading activity and rare transactions concluded in the market. At present, most market participants are waiting for the new guide prices from tungsten institutions. 

In the tungsten concentrate market, traders are willing to sell their products but the terminal users still take a watchful stance. Therefore, the whole market trading is limited and prices hover around $11,764.7/t. 

In the APT market, smelting factories are not active in purchasing despite raw material prices show signs of decline. The markets at home and abroad face many uncertainties, affecting insider's expectations for the cost, supply and capital sides. And the market prices are weak. The tungsten powder market also remains weak with the impact of continued spread of COVID-19. In the short term, the market is expected to keep current level.

Prices of tungsten products on Jun. 5, 2020

Picture of tungsten trioxide 

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >