Cesium Tungsten Bronze Price in China Remain Weak on Low Trading Activity

Analysis of latest tungsten market from Chinatungsten Online

The cesium tungsten bronze price in China remains weak adjustment on deadlocked supply and demand and low trading activity. The confidence in the market is weakened and most market participants now take a watchful stance.  

For the supply side, Two Sessions and raw material manufacturers cutting output under cost pressure tighten the supply of spot resources. But with the impact of low inquiry, capital shortage and risks of high inventories, sellers become active to sell their products. 

For the demand side, it is difficult for the downstream industry to increase their purchasing orders under the influence of COVID-19 and geopolitical conflicts. Moreover, the logistic constrains at home and abroad also have a negative impact on the demand side. The whole market transactions are low.

Prices of tungsten products on Jun. 10, 2020

Picture of tungsten powder 

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